3 Bed Terraced House, Single Let, Hull, HU8 9NS, £115,000

1 Chelmer Road, Hull, City Of Kingston Upon Hull, HU8 9NS - 9 months ago

BTL
ROI: 4%
~91 m²
+10 photos

ValuationUndervalued

Sold Prices£58K - £290K
Sold Prices/m²£707/m² - £2.6K/m²

 

 

Square Metres

~90.68 m²
Price/m²£1.3K/m²

Value Estimate

£125,124
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£4,800

Total Cash In

£33,550

 

 

Cash Out

 

Rent Range

£625 - £895

Rent Estimate

£653

Running Costs/mo

£510

Cashflow/mo

£143

Cashflow/yr

£1,716

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £58K to £290K, average is £121K. £707/m² to £2.6K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£67K03/210.08 mi40, Chelmer Road, Hull, City Of Kingston Upon Hull HU8 9NP3
£91K04/230.08 mi21, Duddon Grove, Hull, City Of Kingston Upon Hull HU8 9NX3
£110K06/230.13 mi21, Foss Grove, Hull, City Of Kingston Upon Hull HU8 9NY3
£90K05/230.14 mi7, Coldstream Close, Hull, City Of Kingston Upon Hull HU8 9LS3
£120K02/210.2 mi29, Shannon Road, Hull, City Of Kingston Upon Hull HU8 9PP3
£77K01/210.2 mi56, Douglas Road, Hull, City Of Kingston Upon Hull HU8 9RP3
£87.5K05/230.21 mi1, Bickleigh Grove, Hull, City Of Kingston Upon Hull HU8 9RU3
£82.5K12/220.21 mi20, Earsham Close, Hull, City Of Kingston Upon Hull HU8 9NF3
£105K11/200.24 mi26, Plym Grove, Hull, City Of Kingston Upon Hull HU8 9RT3
£205K03/230.25 mi51, Western Gailes Way, Hull, City Of Kingston Upon Hull HU8 9EQ3
£141.5K12/200.25 mi23, Western Gailes Way, Hull, City Of Kingston Upon Hull HU8 9EQ3
£188K12/200.25 mi1, Western Gailes Way, Hull, City Of Kingston Upon Hull HU8 9EQ3
£156K11/200.25 mi98, Western Gailes Way, Hull, City Of Kingston Upon Hull HU8 9EQ3
£165K05/230.25 mi88, Western Gailes Way, Hull, City Of Kingston Upon Hull HU8 9EQ3
£95K11/200.26 mi5, Frome Road, Hull, City Of Kingston Upon Hull HU8 9QN3
£58K10/200.26 mi10, Frome Road, Hull, City Of Kingston Upon Hull HU8 9QN3
£125K02/230.26 mi4, Frome Road, Hull, City Of Kingston Upon Hull HU8 9QN3
£85K12/200.26 mi257, Shannon Road, Hull, City Of Kingston Upon Hull HU8 9PY3
£80K05/230.27 mi77, Medina Road, Hull, City Of Kingston Upon Hull HU8 9RA3
£102.5K05/210.29 mi336, Shannon Road, Hull, City Of Kingston Upon Hull HU8 9RZ3
£125K02/230.29 mi16, Howsham Close, Hull, City Of Kingston Upon Hull HU9 4BB3
£95K07/230.3 mi385, Staveley Road, Hull, City Of Kingston Upon Hull HU9 4BX3
£122K04/230.31 mi8, Stratton Close, Hull, City Of Kingston Upon Hull HU8 9QL3
£171K12/220.32 mi1, Sandmoor Close, Hull, City Of Kingston Upon Hull HU8 9EB3
£125K02/230.33 mi23, Eastmount Avenue, Hull, City Of Kingston Upon Hull HU8 9EN3
£88K10/210.36 mi18, Holcombe Close, Hull, City Of Kingston Upon Hull HU8 9QJ3
£125K01/230.36 mi28, Frome Road, Hull, City Of Kingston Upon Hull HU8 9QG3
£169K04/210.36 mi1034, Holderness Road, Hull, City Of Kingston Upon Hull HU9 4AH3
£290K03/230.36 mi1066, Holderness Road, Hull, City Of Kingston Upon Hull HU9 4AH3
£87K11/200.37 mi97, Milne Road, Hull, City Of Kingston Upon Hull HU9 4UL3
£125K02/230.38 mi30, Frome Road, Hull, City Of Kingston Upon Hull HU8 9QG3
£110.8K12/220.38 mi10, Caledon Close, Hull, City Of Kingston Upon Hull HU9 4EG3
£130K07/210.4 mi129, Caledon Close, Hull, City Of Kingston Upon Hull HU9 4EH3
£62.5K01/210.41 mi35, Cober Grove, Hull, City Of Kingston Upon Hull HU8 9TJ3
£115K02/210.43 mi116, Milne Road, Hull, City Of Kingston Upon Hull HU9 4UN3
£185K01/230.44 mi126, Western Gailes Way, Hull, City Of Kingston Upon Hull HU8 9FG3
£185K06/220.44 mi119, Western Gailes Way, Hull, City Of Kingston Upon Hull HU8 9FG3
£100K06/210.45 mi116, Caledon Close, Hull, City Of Kingston Upon Hull HU9 4EQ3
£72.3K12/200.46 mi172, Wansbeck Road, Hull, City Of Kingston Upon Hull HU8 9ST3
£167.5K10/200.46 mi43, Ark Royal, Bilton, Hull, City Of Kingston Upon Hull HU11 4BN3
£190.5K01/230.46 mi25, Ark Royal, Bilton, Hull, City Of Kingston Upon Hull HU11 4BN3
£100K02/230.46 mi175, Amethyst Road, Hull, City Of Kingston Upon Hull HU9 4DL3
£122.5K01/210.47 mi143, Frome Road, Hull, City Of Kingston Upon Hull HU8 9QE3
£128K02/210.47 mi16, Camperdown, Bilton, Hull, City Of Kingston Upon Hull HU11 4BU3
£102K10/210.47 mi117, Greenwich Avenue, Hull, City Of Kingston Upon Hull HU9 4XA3
£95K02/230.47 mi244, Amethyst Road, Hull, City Of Kingston Upon Hull HU9 4DJ3
£168K02/210.49 mi12, Glen Almond, Bilton, Hull, City Of Kingston Upon Hull HU11 4BX3
£190K11/200.5 mi3, Ardmore Close, Hull, City Of Kingston Upon Hull HU9 4AD3
£192K03/230.51 mi48, Broad Oak, Bilton, Hull, City Of Kingston Upon Hull HU11 4BS3
£134K01/210.51 mi42, Broad Oak, Bilton, Hull, City Of Kingston Upon Hull HU11 4BS3

Local Rents

15 rents from £625/mo to £895/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£67505/240.08 miDuddon Grove, Hull, East Yorkshire, HU83
£79512/240.08 miDuddon Grove, HULL3
£69512/240.12 mi-3
£62505/240.12 miThaxted Close, Hull, HU83
£70005/240.15 miBrent Avenue, Hull, HU83
£67505/240.16 miDouglas Road, Hull, East Yorkshire, HU83
£75004/240.17 miWaveney Road, Hull, HU83
£80510/240.21 mi-3
£72501/250.34 mi-3
£85005/240.41 mi-3
£65006/240.44 mi-3
£65006/240.44 mi-3
£77503/250.45 mi-3
£89501/250.46 mi-3
£89506/240.59 miBellfield Avenue HU8 3

Local Area Statistics

Population in HU8

34,175

Population in Hull

313,622

Town centre distance

3.78 miles away

Nearest school

0.20 miles away

Nearest train station

3.89 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Seller's market

Capital growth (5yrs)

+16%

Property History

Price changed to £115,000

January 15, 2025

Listed for £120,000

July 29, 2024

Sold for £108,000

2022

Floor Plans

Description

  • Close to public transport +
  • Shops and amenities nearby +
  • Enclosed Low Maintenance Rear Garden +
  • 3 Bedroom Semi Detached Property +
  • Private Driveway +
  • An Amazing Project for the discerning buyer. +

* DO NOT MISS THIS AMAZING OPPORTUNITY!! 3 BEDROOM SEMI DETACHED- OFF ROAD PARKING- NO CHAIN INVOLVED!!*

Zest are delighted to offer to the market this 3 -Bedroom Semi Detached Property located on Chelmer Road in the East of Hull.  The Property offers an ideal project for the discerning buyer, works have been started by the current owner but due to unforeseen circumstances, the property is now offered to the sales market with NO CHAIN INVOLVED!!  The property briefly comprises; an entrance door into the Kitchen area, dual aspect lounge, downstairs WC, a passage providing access to the front and rear gardens and a storage area and to the first floor are three bedrooms (two double) and a wetroom.  Externally the property has a low-maintenance enclosed rear garden and to the front is a driveway providing off-road parking. 

Immediate viewing is essential to fully appreciate all this property has to offer. 

EPC D

Council Tax Band A

Main Water, Gas, Electricity, Drainage and sewerage.

Agent Details

Zest, Hull

01482 251703

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪