3 Bed Terraced House, Single Let, Hull, HU3 1RG, £150,000

1 Morpeth Street, Hull, HU3 1RG - 9 months ago

BTL
ROI: 3%
~93 m²
+10 photos

ValuationOvervalued

Sold Prices£72K - £230K
Sold Prices/m²£621/m² - £2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.6K/m²

Value Estimate

£106,052

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£46,200

 

 

Cash Out

 

Rent Range

£600 - £1,300

Rent Estimate

£766

Running Costs/mo

£642

Cashflow/mo

£124

Cashflow/yr

£1,489

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £72K to £230K, average is £108.5K. £621/m² to £2K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£96K10/210 mi33, Morpeth Street, Hull, City Of Kingston Upon Hull HU3 1RG3
£85K11/210.05 mi38, Freehold Street, Hull, City Of Kingston Upon Hull HU3 1RD3
£92K08/230.12 mi55, Vane Street, Hull, City Of Kingston Upon Hull HU3 1RJ3
£85K02/230.18 mi4a, Wellington Lane, Hull, City Of Kingston Upon Hull HU3 1SG3
£167K01/230.18 mi16, Leicester Street, Hull, City Of Kingston Upon Hull HU3 1TA3
£80K06/210.19 mi11, Mayfield Street, Hull, City Of Kingston Upon Hull HU3 1NS3
£78.5K11/200.19 mi53, Mayfield Street, Hull, City Of Kingston Upon Hull HU3 1NT3
£99K12/200.23 mi29, Stanley Street, Hull, City Of Kingston Upon Hull HU3 1JS3
£96.5K12/200.26 mi23, Somerscales Street, Hull, City Of Kingston Upon Hull HU2 9PA3
£90K03/210.27 mi3, Blundell Close, Hull, City Of Kingston Upon Hull HU2 9BX3
£105K07/210.28 mi169, Stanley Street, Hull, City Of Kingston Upon Hull HU3 1JU3
£87K08/210.28 mi63, Clarendon Street, Hull, City Of Kingston Upon Hull HU3 1AN3
£110K10/210.3 mi15, Hampstead Court, Hull, City Of Kingston Upon Hull HU3 1UF3
£145K04/210.31 mi57, Duesbery Street, Hull, City Of Kingston Upon Hull HU5 3QE3
£137K08/220.31 mi55, Clifton Street, Hull, City Of Kingston Upon Hull HU2 9BB3
£131K12/220.32 mi48, Wenlock Street, Hull, City Of Kingston Upon Hull HU3 1DF3
£130K06/230.34 mi40, Park Road, Hull, City Of Kingston Upon Hull HU5 2TB3
£105K03/210.34 mi18, Clifton Street, Hull, City Of Kingston Upon Hull HU2 9AP3
£110K08/220.35 mi16, Clifton Street, Hull, City Of Kingston Upon Hull HU2 9AP3
£131K03/230.39 mi7, Belvoir Street, Hull, City Of Kingston Upon Hull HU5 3LP3
£150K02/230.4 mi19, Belvoir Street, Hull, City Of Kingston Upon Hull HU5 3LP3
£91K02/210.4 mi45, Lichfield Close, Hull, City Of Kingston Upon Hull HU2 9PE3
£85K10/210.41 mi29, Lichfield Close, Hull, City Of Kingston Upon Hull HU2 9PE3
£100K08/210.41 mi11, Pendrill Street, Hull, City Of Kingston Upon Hull HU3 1UU3
£83K12/200.41 mi14, Pendrill Street, Hull, City Of Kingston Upon Hull HU3 1UU3
£156K10/210.42 mi37, Welbeck Street, Hull, City Of Kingston Upon Hull HU5 3SA3
£115K03/230.46 mi5, St Clements Place, Hull, City Of Kingston Upon Hull HU2 9LW3
£140K11/210.46 mi7, Waterloo Street, Hull, City Of Kingston Upon Hull HU2 0DY3
£230K09/210.49 mi28, Sunny Bank, Hull, Humberside HU3 1LH3
£87K04/210.55 mi50, Grange Close, Hull, City Of Kingston Upon Hull HU2 0AT3
£95K07/210.56 mi44, Tattershall Close, Hull, City Of Kingston Upon Hull HU2 0BB3
£130K11/220.56 mi44, Tattershall Close, Hull, City Of Kingston Upon Hull HU2 0BB3
£118K10/210.6 mi1, Lorne Close, Hull, City Of Kingston Upon Hull HU2 0AJ3
£160K02/220.61 mi15, John Street, Hull, City Of Kingston Upon Hull HU2 8DH3
£85K12/200.7 mi70, Wharncliffe Street, Hull, City Of Kingston Upon Hull HU5 3LY3
£72K03/210.71 mi14, Newport Close, Hull, City Of Kingston Upon Hull HU3 2NB3
£205K06/230.72 mi24, Ella Street, Hull, City Of Kingston Upon Hull HU5 3AY3
£135K01/230.72 mi385, Spring Bank West, Hull, City Of Kingston Upon Hull HU3 1LD3
£155K02/210.75 mi70a, George Street, Hull, City Of Kingston Upon Hull HU1 3AB3
£107K03/230.77 mi79, Reynoldson Street, Hull, City Of Kingston Upon Hull HU5 3BH3
£125K04/230.82 mi25, Lambert Street, Hull, City Of Kingston Upon Hull HU5 2SJ3
£110K12/220.83 mi8, Midgley Close, Hull, City Of Kingston Upon Hull HU3 2QL3
£134.5K06/210.84 mi52, Goddard Avenue, Hull, City Of Kingston Upon Hull HU5 2AZ3
£155K08/220.84 mi16, Spring Grove, Hull, City Of Kingston Upon Hull HU3 1JZ3
£85K03/230.85 mi4, Ryde Street, Hull, City Of Kingston Upon Hull HU5 1PA3
£100K02/210.86 mi13, Lyric Close, Hull, City Of Kingston Upon Hull HU3 2QJ3
£176K10/210.86 mi5, Muirfield Park, Hull, City Of Kingston Upon Hull HU5 3JF3
£161.5K12/200.86 mi41, Abbey Way, Hull, City Of Kingston Upon Hull HU5 1DA3
£96K08/210.86 mi65, Sharp Street, Hull, City Of Kingston Upon Hull HU5 2AF3
£95K12/220.87 mi19, Ena Street, Hull, City Of Kingston Upon Hull HU3 2TG3

Local Rents

13 rents from £600/mo to £1.3K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£70011/240.21 mi-3
£87504/240.34 miPark Grove, Hull, HU53
£87505/240.34 miPark Grove, Hull, HU53
£1,30005/240.34 miFerensway, Hull, HU2 8LE3
£92512/240.35 mi-3
£1,10012/240.38 mi-3
£1,10012/240.38 mi-3
£1,20005/240.4 miBlenheim Street, Hull, HU53
£1,20006/240.4 mi-3
£90003/250.44 mi-3
£60012/240.45 mi-3
£94502/250.5 mi-3
£90003/250.6 mi-3

Local Area Statistics

Population in HU3

26,648

Population in Hull

313,622

Town centre distance

0.81 miles away

Nearest school

0.20 miles away

Nearest train station

0.63 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-3%

Sales demand

Seller's market

Capital growth (5yrs)

+11%

Property History

Price changed to £150,000

March 16, 2025

Listed for £170,000

July 2, 2024

Floor Plans

Description

  • 2 Bedroom Mid Terraced Property +
  • 2 Reception Rooms +
  • Lot Space +
  • Move In Condition +
  • Great Local Amenities +

SUMMARY
William H. Brown is delighted to market this 2 bedroom mid terraced property with loft space! The property has 2 reception rooms and is in move in condition!

DESCRIPTION
Welcome to this charming 2 bedroom mid-terraced property, offering move-in ready condition and featuring additional loft space. With two reception rooms and a prime location boasting excellent local amenities, this home is perfect for those seeking comfort and convenience.

Upon entering, you'll be greeted by two inviting reception rooms that provide versatile spaces for relaxation, dining, and entertaining. The modern kitchen is well-equipped with ample storage and workspace, making meal preparation a joy.
Upstairs, the property offers two well-proportioned bedrooms, each designed to provide a peaceful retreat. The contemporary family bathroom is tastefully finished, adding a touch of luxury to everyday living. The added bonus of loft space offers extra storage or the potential for future development, making it a valuable feature of this home.
Outside, the property benefits from a low-maintenance garden, perfect for enjoying outdoor activities without the hassle of extensive upkeep.

Situated in a vibrant neighbourhood with excellent local amenities, including shops, cafes, and recreational facilities, this home ensures you have everything you need within easy reach. The area is also well-served by convenient transport links, making commuting and exploring the local area effortless.

This delightful 2 bedroom mid-terraced property is ready for you to move in and start enjoying immediately.
Don't miss the opportunity to make this house your new home.

Entrance Hall 
Double glazed entrance door to the front with window over and a radiator.

Lounge 12' 4" x 11' 5" max ( 3.76m x 3.48m max )
Double glazed window to the front and a radiator.

Reception Room 2 11' 6" x 15' max ( 3.51m x 4.57m max )
Understairs cupboard and a tall radiator.

Kitchen 13' 2" max x 14' 10" max ( 4.01m max x 4.52m max )
Fitted kitchen with a range of glossy wall and base units, 4 ring induction hob, integrated oven, anthracite style sink, integrated fridge freezer, under plynth counter lights, breakfast bar, tall radiator, tiled floors, spotlights and double glazed french style doors to the rear.

Bathroom 
Shower room with corner shower, vanity W/C and wall wash hand basin, towel style radiator, tiled walls, tiled floor, spotlights and double glazed window to the side.

Rear Hall 
Plumbing for an automatic washing machine and a boiler.

Landing 
Double glazed window to the rear and a storage cupboard.

Bedroom 1 12' 5" x 18' 5" max ( 3.78m x 5.61m max )
Two double glazed windows to the front, radiator, coving to the ceiling and cornices.

Bedroom 2 11' 6" x 12' 6" max ( 3.51m x 3.81m max )
Double glazed window to the rear and a radiator.

Loft Space 15' 6" restricted head height x 17' 6" ( 4.72m restricted head height x 5.33m )
Double glazed velux style window to the rear and a radiator.

Rear Garden 
Rear garden with raised lawned area, concrete and paved patio area, side pedestrian access and fence and wall surround.

DIRECTIONS
See below map for property location, for further information please contact the Residential Sales Team on .

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Hull Newland Avenue

01482 251831

Next Steps?

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