4 Bed Terraced House, Single Let, Hull, HU5 2UR, £150,000

82 Park Grove, Hull, HU5 2UR - 9 months ago

Sold STC
BTL
131 m²
+6 photos

ValuationUndervalued

Sold Prices£57.5K - £595K
Sold Prices/m²£805/m² - £2.8K/m²

 

 

Square Metres

131 m²
Price/m²£1.1K/m²

Value Estimate

£160,581

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£6,000

Total Cash In

£43,500

 

 

Cash Out

 

Rent Range

£595 - £3,200

Rent Estimate

£636

Running Costs/mo

£616

Cashflow/mo

£20

Cashflow/yr

£241

ROI

1%

Gross Yield

5%

Local Sold Prices

42 sold prices from £57.5K to £595K, average is £160K. £805/m² to £2.8K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£225K10/210.11 mi2, The Parade, Hull, City Of Kingston Upon Hull HU5 2UH4
£245K04/230.11 mi16, The Parade, Hull, City Of Kingston Upon Hull HU5 2UH4
£92K07/210.28 mi3, Mayfield Street, Hull, City Of Kingston Upon Hull HU3 1NS4
£57.5K02/210.35 mi31, Leonard Street, Hull, City Of Kingston Upon Hull HU3 1SA4
£133K01/230.36 mi74, Leonard Street, Hull, City Of Kingston Upon Hull HU3 1RZ4
£85K07/210.41 mi53, Pendrill Street, Hull, City Of Kingston Upon Hull HU3 1UU4
£85K07/210.41 mi53, Pendrill Street, Hull, City Of Kingston Upon Hull HU3 1UU4
£104K02/230.48 mi293, Spring Bank West, Hull, City Of Kingston Upon Hull HU3 1LA4
£250K09/210.49 mi83, Salisbury Street, Hull, City Of Kingston Upon Hull HU5 3DU4
£270K03/230.5 mi37, Hymers Avenue, Hull, City Of Kingston Upon Hull HU3 1LL4
£160K09/210.51 mi309, Spring Bank West, Hull, City Of Kingston Upon Hull HU3 1LB4
£200K08/230.51 mi301, Spring Bank West, Hull, City Of Kingston Upon Hull HU3 1LB4
£185K03/230.51 mi309, Spring Bank West, Hull, City Of Kingston Upon Hull HU3 1LB4
£205K06/230.52 mi3c, Richmond Street, Hull, City Of Kingston Upon Hull HU5 3JY4
£188K03/210.52 mi6, Richmond Street, Hull, City Of Kingston Upon Hull HU5 3JY4
£125K05/230.54 mi101, Grafton Street, Hull, City Of Kingston Upon Hull HU5 2NP4
£175K10/220.54 mi7, Burslem Street, Hull, City Of Kingston Upon Hull HU2 9BP4
£126K11/200.64 mi393, Spring Bank West, Hull, City Of Kingston Upon Hull HU3 1LD4
£172K11/200.7 mi187, Goddard Avenue, Hull, City Of Kingston Upon Hull HU5 2BX4
£127.5K02/230.71 mi45, Abbey Way, Hull, City Of Kingston Upon Hull HU5 1DA4
£135K10/210.71 mi25, Abbey Way, Hull, City Of Kingston Upon Hull HU5 1DA4
£120K11/220.71 mi1, Abbey Way, Hull, City Of Kingston Upon Hull HU5 1DA4
£135K04/230.71 mi12, Abbey Way, Hull, City Of Kingston Upon Hull HU5 1DA4
£130K06/210.71 mi43, Abbey Way, Hull, City Of Kingston Upon Hull HU5 1DA4
£130K05/210.71 mi5, Abbey Way, Hull, City Of Kingston Upon Hull HU5 1DA4
£126K10/210.75 mi106, Needlers Way, Hull, City Of Kingston Upon Hull HU5 1DD4
£83.5K12/200.77 mi89, Worthing Street, Hull, Humberside HU5 1PP4
£255K08/210.77 mi2, Allderidge Avenue, Hull, City Of Kingston Upon Hull HU5 4EQ4
£123K09/210.78 mi51, Ventnor Street, Hull, Humberside HU5 2LR4
£230K05/230.79 mi19, Mons Street, Hull, City Of Kingston Upon Hull HU5 3SZ4
£295K05/230.79 mi49, Allderidge Avenue, Hull, City Of Kingston Upon Hull HU5 4EG4
£255K04/230.8 mi4, The Rydales, Hull, City Of Kingston Upon Hull HU5 1QD4
£135K01/210.82 mi24, Houston Drive, Hull, City Of Kingston Upon Hull HU5 1NJ4
£128K12/200.83 mi41, Walgrave Street, Hull, City Of Kingston Upon Hull HU5 2LT4
£500K03/230.88 mi41, Newland Park, Hull, City Of Kingston Upon Hull HU5 2DN4
£595K09/220.88 mi15, Newland Park, Hull, City Of Kingston Upon Hull HU5 2DN4
£435.5K08/220.88 mi19, Newland Park, Hull, City Of Kingston Upon Hull HU5 2DN4
£400K01/210.89 mi88, Newland Park, Hull, City Of Kingston Upon Hull HU5 2DS4
£430K03/230.89 mi74, Newland Park, Hull, City Of Kingston Upon Hull HU5 2DS4
£81K10/200.9 mi37, Blaydes Street, Hull, City Of Kingston Upon Hull HU6 7RE4
£160K04/220.93 mi25, John Street, Hull, City Of Kingston Upon Hull HU2 8DH4
£300K12/220.98 mi136, Cottingham Road, Hull, City Of Kingston Upon Hull HU6 7RY4

Local Rents

53 rents from £595/mo to £3.2K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£89512/240.02 mi-4
£1,00011/240.05 mi-4
£1,00003/250.05 mi-4
£1,00012/240.09 mi-4
£2,08704/240.1 miDover Street, Hull, East Riding Of Yorkshire, HU36
£87504/240.13 miPark Grove, Hull, HU53
£87505/240.13 miPark Grove, Hull, HU53
£1,20005/240.18 miBlenheim Street, Hull, HU53
£1,20006/240.18 mi-3
£90003/250.24 mi-3
£1,15012/240.24 miMargaret Street, Hull4
£92512/240.24 mi-3
£1,10012/240.25 mi-3
£1,10012/240.25 mi-3
£1,25004/240.27 mi-5
£2,60701/250.29 mi-8
£90003/250.3 mi-3
£70011/240.32 mi-3
£85004/240.33 mi-3
£3,20012/240.33 mi-7
£94502/250.34 mi-3
£2,60701/240.34 miHutt Street, Hull, East Riding Of Yorkshire, HU38
£95012/240.34 mi-4
£89004/240.34 mi-4
£1,38712/240.36 mi-4
£1,00005/240.4 mi-4
£1,00002/250.4 mi-4
£1,43006/240.41 mi-4
£90004/240.41 mi-3
£90004/240.41 mi-3
£80001/250.41 mi-3
£90004/240.42 miReynoldson Street, HULL4
£75004/240.43 miBeverley Road, Hull4
£1,05006/240.43 mi-3
£1,05006/240.43 mi-3
£1,00012/240.43 mi-3
£69504/240.44 miBeverley Road, Hull3
£70004/240.45 mi-3
£67512/240.45 mi-3
£59505/240.46 mi9 Marshall Street, Hull, HU5 3DA3
£1,71105/240.46 mi-5
£1,71104/240.46 miAdderbury Grove, Hull, HU55
£1,49001/250.46 mi-6
£75012/240.46 mi-3
£75004/240.47 miFlat 322, Beverley RoadHull3
£75005/240.47 miFlat 322, Beverley RoadHull3
£1,62902/250.48 mi-5
£1,40004/240.48 mi-3
£1,40006/240.48 mi-3
£1,40004/240.48 miLambert Street, Hull, HU53
£1,50002/250.48 mi-3
£60012/240.5 mi-3
£75004/240.5 miElla Street, Hull, East Riding of Yorkshire, HU53

Local Area Statistics

Population in HU5

51,120

Population in Hull

313,622

Town centre distance

0.48 miles away

Nearest school

0.20 miles away

Nearest train station

0.97 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+24%

Property History

Price changed to £150,000

November 8, 2024

Listed for £160,000

July 12, 2024

Floor Plans

Description

  • Income from day one +
  • 6.75% Return +
  • Sought after location +
  • Master En suite +
  • Low maintenance gardens +
  • Two receptions rooms +

Business in a box!
This large four bedroom terraced property is offered to the market with a sitting tenant offering a return on your investment of 6.75% from day one, meaning no long void periods trying to Let the property.

The main features include - entrance, lounge, dining room and 16' fitted kitchen / diner. The first floor boasts three good sized bedrooms along with the family shower room. The top floor boasts a 17' master bedroom with En suite facilities.
Externally to the front of the property is a low maintenance garden which is paved for convenience. The rear garden is also low maintenance in design, mainly paved with a raised decked area.

This property is situated in a sought after residential location located just off Princess Avenue with a wide range of amenities and enjoys easy access to both the Hospitals and University.

Early viewings are advised.

The Property Comprises -

Ground Floor -

Entrance - With central heating radiator and under stairs storage cupboard.

Lounge - 3.58m x 3.43m (11'9 x 11'3) - Upvc double glazed door and central heating radiator.

Dining Room - 3.99m x 3.35m (13'1 x 11'0) - Upvc double glazed bay window and central heating radiator.

Kitchen / Diner - 4.98m x 3.23m (16'4 x 10'7) - With a range of floor and eye level units and complimentary work surfaces and splash back tiling above. Two Upvc double glazed windows and back door. Vertical central heating radiator and sink with mixer tap.

First Floor -

Landing - Split level landing with some period features and access to the bedrooms and bathroom.

Bedroom One - 5.31m x 2.79m (17'5 x 9'2) - With central heating radiator and roof window

En Suite - 3.28m x 1.65m (10'9 x 5'5) - With a panelled bath and pedestal sink, low flush W.C and tiled walls and floor. Roof window.

Bedroom Two - 5.31m x 3.38m (17'5 x 11'1) - Two Upvc double glazed windows and central heating radiator

Bedroom Three - 3.58m x 3.07m (11'9 x 10'1) - Upvc double glazed window and cupboard.

Bedroom Four - 3.28m x 2.87m (10'9 x 9'5) - Upvc double glazed window and central heating radiator.

Shower Room - 1.93m x 1.91m (6'4 x 6'3) - With walk in enclosure and mixer shower above, low flush W.C and wash basin. Bedet toilet. Tiled walls and floor and a central heating radiator.

External - To the front of the property is a paved low maintenance garden. The rear garden is enclosed to the boundary, again low maintenance in design and part paved.

Tenure - The property is freehold.

Council Tax - Council Tax Band A.

Material Information - Construction - Standard
Conservation Area - No
Flood Risk - Low
Mobile Coverage / Signal - EE / Three
Broadband - Basic 12Mbps Ultrafast 1000Mbps
Coastal Erosion - N/A
Coalfield or Mining Area - N/A

Additional Services - Whitaker Estate Agents offer additional services via third parties: surveying, financial services, investment insurance, conveyancing and other services associated with the sale and purchase of your property.

We are legally obliged to advise a vendor of any additional services a buyer has applied to use in connection with their purchase. We will do so in our memorandum of sale when the sale is instructed to both parties solicitors, the vendor and the buyer.

Agents Notes - Services, fittings & equipment referred to in these sale particulars have not been tested ( unless otherwise stated ) and no warranty can be given as to their condition. Please note that all measurements are approximate and for general guidance purposes only.

Free Market Appraisals / Valuations - We offer a free sales valuation service, as an Independent company we have a strong interest in making sure you achieve a quick sale. If you need advice on any aspect of buying or selling please do not hesitate to ask.

Material Information - Construction -
Conservation Area -
Flood Risk -
Mobile Coverage / Signal -
Broadband -
Coastal Erosion -
Coalfield or Mining Area -

Whitakers Estate Agent Declaration - Whitakers Estate Agents for themselves and for the lessors of the property, whose agents they are give notice that these particulars are produced in good faith, are set out as a general guide only & do not constitute any part of a contract. No person in the employ of Whitakers Estate Agents has any authority to make or give any representation or warranty in relation to this property.

Agent Details

Whitakers, Hull West

01482 251706

Next Steps?

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