2 Bed Terraced House, Single Let, Hull, HU9 5RF, £55,000

6 Strathcona Villas, Hull, HU9 5RF - 3 views - 9 months ago

BTL
ROI: 15%
64 m²
+1 photos

ValuationUndervalued

Sold Prices£54.8K - £148K
Sold Prices/m²£889/m² - £1.9K/m²

 

 

Square Metres

64 m²
Price/m²£859/m²

Value Estimate

£67,650
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£13,750

Stamp Duty & Legal Fees

£2,850

Total Cash In

£16,600

 

 

Cash Out

 

Rent Range

£500 - £775

Rent Estimate

£499

Running Costs/mo

£292

Cashflow/mo

£207

Cashflow/yr

£2,488

ROI

15%

Gross Yield

11%

Local Sold Prices

22 sold prices from £54.8K to £148K, average is £78.3K. £889/m² to £1.9K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£79.5K02/230.03 mi1043, Hedon Road, Hull, City Of Kingston Upon Hull HU9 5QJ2
£60K02/210.04 mi1061, Hedon Road, Hull, City Of Kingston Upon Hull HU9 5QJ2
£77K07/230.04 mi1099, Hedon Road, Hull, City Of Kingston Upon Hull HU9 5QJ2
£77K07/230.04 mi1099, Hedon Road, Hull, City Of Kingston Upon Hull HU9 5QJ2
£76K04/210.06 mi52, Ceylon Street, Hull, City Of Kingston Upon Hull HU9 5RE2
£54.8K04/230.18 mi17, Egypt Street, Hull, City Of Kingston Upon Hull HU9 5QZ2
£55K07/210.23 mi55, Delhi Street, Hull, Humberside HU9 5QR2
£96.5K02/230.62 mi279, Preston Road, Hull, City Of Kingston Upon Hull HU9 5AJ2
£95K02/230.64 mi6, Northorpe Close, Hull, City Of Kingston Upon Hull HU9 5AH2
£75.5K07/210.7 mi8, Horbury Avenue, Hull, City Of Kingston Upon Hull HU9 4QP2
£89.5K03/210.77 mi58, Ashwell Avenue, Hull, City Of Kingston Upon Hull HU9 5LJ2
£92K12/220.8 mi75, Wakefield Avenue, Hull, City Of Kingston Upon Hull HU9 4RD2
£83K11/200.83 mi59, Falkland Road, Hull, City Of Kingston Upon Hull HU9 5ER2
£127K06/230.88 mi39, Grantley Grove, Hull, City Of Kingston Upon Hull HU9 4RU2
£88K06/230.89 mi72, Stockwell Grove, Hull, City Of Kingston Upon Hull HU9 5JS2
£61.5K02/210.89 mi49, Halliwell Close, Hull, City Of Kingston Upon Hull HU9 5JT2
£76K06/210.91 mi24, Bideford Grove, Hull, City Of Kingston Upon Hull HU9 5EB2
£64K12/200.92 mi32, Corbridge Close, Hull, City Of Kingston Upon Hull HU9 5BB2
£80K02/210.92 mi1, Corbridge Close, Hull, City Of Kingston Upon Hull HU9 5BB2
£90K12/200.93 mi46, Westerdale Grove, Hull, City Of Kingston Upon Hull HU9 3UJ2
£75K08/210.96 mi131, Dodswell Grove, Hull, City Of Kingston Upon Hull HU9 5JD2
£148K01/210.99 mi492, Southcoates Lane, Hull, City Of Kingston Upon Hull HU9 3UB2

Local Rents

14 rents from £500/mo to £775/mo, average is £620/mo.

RentDateDistanceAddressBeds 
£62002/250.02 mi-2
£62002/250.02 mi-2
£62002/250.02 mi-2
£62002/250.02 mi-2
£67504/250.02 mi-2
£70004/240.04 miHedon Road, HULL2
£72503/250.07 mi-2
£62504/240.17 miHedon Road, Hull2
£59504/240.22 miAcasta Way, Hull, East Riding Of Yorkshire, HU92
£59505/240.26 mi5 Acasta Way, Hull, HU9 5SE2
£55004/240.26 miCarlton Avenue, Delhi St, Hull, HU92
£77505/240.55 miPriestman Way, Dream, Hull, East Riding Of Yorkshire, HU92
£76505/240.55 miPriestman Way, Dream, Hull, East Riding Of Yorkshire, HU92
£50002/250.61 mi-2

Local Area Statistics

Population in HU9

40,948

Population in Hull

313,622

Town centre distance

3.64 miles away

Nearest school

0.10 miles away

Nearest train station

3 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £55,000

July 19, 2024

Floor Plans

Description

  • Traditional style mid terrace house +
  • East Hull location +
  • long term tenant in situ +
  • Will interest the investor +
  • Storm porch and entrance hall +
  • Through lounge and dining area +
  • Kitchen +
  • Upstairs bathroom +
  • Two bedrooms +
  • Gas central heating to radiators and double glazing +

Located to the east of the city, this traditional style mid terrace house will interest the investor with an eye on the lettings market. The accommodation comprises entrance hall, through lounge and dining area, kitchen, two bedrooms and a first floor bathroom and has gas central heating to radiators and double glazing. With a small front garden and an enclosed rear yard, the property represents an interesting investment opportunity and further enquiries regarding the tenant in situ are welcome.

Storm Porch -

Entrance Hall - Laminate flooring, radiator and staircase off.

Lounge - 3.15 x 3.10 (10'4" x 10'2") - Plus angled bay window to the front aspect, a radiator and opens to;

Dining Area - 3.55 x 3.10 (11'7" x 10'2") - Window to the rear aspect, a radiator, useful under stairs storage cupboard and an Adam style fire surround with marble effect back and hearth.

Kitchen - 2.40 x 1.90 (7'10" x 6'2") - Window to the side aspect and rear door to the yard. Fitted floor and wall units with work surfaces having a stainless steel sink unit with mixer tap. Partially tiled walls and plumbing for an automatic washing machine.

Bedroom One - 4.05 x 3.15 (max) (13'3" x 10'4" (max)) - Window to the front aspect and a radiator.

Bedroom Two - 3.55 x 2.60 (max) (11'7" x 8'6" (max)) - Window to the rear aspect and a radiator.

Bathroom - A white suite to comprise panelled bath, wash hand basin and a low level wc. Partially tiled walls, a radiator and there is an electric shower unit over the bath.

Outside - There is a small front garden and an enclosed rear yard.

Council Tax - Hull City Council - band A

Tenure - This property is a freehold

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.

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 sales 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.

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.

Material Information: - Construction - Brick/Tile
Conservation Area - No
Flood Risk - Low
Mobile Coverage/Signal - EE, ,Vodafone and O2
Broadband - Basic 6 Mbps Ultrafast 1000 Mbps
Coastal Erosion - N/A
Coalfield or Mining Area - N/A
Planning - No applications

Agent Details

Whitakers, Hull East

01482 251872

Next Steps?

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