3 Bed Terraced House, Refurb/BRRR, Hull, HU9 4TX, £90,000

Barham Road, Hull, East Yorkshire, HU9 4TX - 8 views - 8 months ago

Sold STC
Refurb/BRRR
ROI: 2%
~103 m²
+7 photos

ValuationUndervalued

Sold Prices£67K - £290K
Sold Prices/m²£827/m² - £2.4K/m²

 

 

Square Metres

~102.70 m²
Price/m²£876/m²

Value Estimate

£103,000
BMV3%

 

 

End Value (After Refurb)

£151,281

Uplift in Value

+51%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£4,200

Refurb Costs

£41,080

Bridging Loan Interest

£2,363

Total Cash In

£71,893

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£151,281

Mortgage (After Refinance)

£113,461

Mortgage LTV

75%

Cash Released

£45,961

Cash Left In

£25,931

Equity

£37,820

Rent Range

£500 - £950

Rent Estimate

£780

Running Costs/mo

£649

Cashflow/mo

£131

Cashflow/yr

£1,575

ROI

2%

Gross Yield

10%

Local Sold Prices

50 sold prices from £67K to £290K, average is £123K. £827/m² to £2.4K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£95K06/210.04 mi30, Barham Road, Hull, City Of Kingston Upon Hull HU9 4TY3
£121K04/210.08 mi165, Anson Road, Hull, City Of Kingston Upon Hull HU9 4SP3
£132K03/230.08 mi201, Anson Road, Hull, City Of Kingston Upon Hull HU9 4SP3
£135K06/210.08 mi14, Winchester Avenue, Hull, City Of Kingston Upon Hull HU9 4TS3
£130K05/210.13 mi57, Winchester Close, Hull, City Of Kingston Upon Hull HU9 4TT3
£130K10/200.13 mi49, Winchester Close, Hull, City Of Kingston Upon Hull HU9 4TT3
£138K11/200.13 mi14, Winchester Close, Hull, City Of Kingston Upon Hull HU9 4TT3
£190K11/200.21 mi3, Ardmore Close, Hull, City Of Kingston Upon Hull HU9 4AD3
£120K11/210.22 mi33, Parthian Road, Hull, City Of Kingston Upon Hull HU9 4SU3
£115K02/210.24 mi116, Milne Road, Hull, City Of Kingston Upon Hull HU9 4UN3
£245K03/230.25 mi704, Marfleet Lane, Hull, City Of Kingston Upon Hull HU9 4TL3
£102.5K02/210.25 mi736, Marfleet Lane, Hull, City Of Kingston Upon Hull HU9 4TL3
£182.5K06/210.27 mi926, Holderness Road, Hull, City Of Kingston Upon Hull HU9 4AB3
£195K03/230.27 mi964, Holderness Road, Hull, City Of Kingston Upon Hull HU9 4AB3
£100K02/230.27 mi175, Amethyst Road, Hull, City Of Kingston Upon Hull HU9 4DL3
£169K04/210.28 mi1034, Holderness Road, Hull, City Of Kingston Upon Hull HU9 4AH3
£290K03/230.28 mi1066, Holderness Road, Hull, City Of Kingston Upon Hull HU9 4AH3
£87K11/200.3 mi97, Milne Road, Hull, City Of Kingston Upon Hull HU9 4UL3
£115K12/210.3 mi60, Griffin Road, Hull, City Of Kingston Upon Hull HU9 4TB3
£95K02/230.32 mi244, Amethyst Road, Hull, City Of Kingston Upon Hull HU9 4DJ3
£120K05/210.35 mi243, Holmgarth Drive, Hull, City Of Kingston Upon Hull HU8 9DZ3
£125K02/230.35 mi23, Eastmount Avenue, Hull, City Of Kingston Upon Hull HU8 9EN3
£95.1K07/210.36 mi188, Parthian Road, Hull, City Of Kingston Upon Hull HU9 4SZ3
£120K06/230.36 mi176, Parthian Road, Hull, City Of Kingston Upon Hull HU9 4SZ3
£100K06/210.36 mi163, Parthian Road, Hull, City Of Kingston Upon Hull HU9 4SZ3
£184K05/210.37 mi7, Bellfield Avenue, Hull, City Of Kingston Upon Hull HU8 9DS3
£172K03/220.4 mi6, Charnock Avenue, Hull, City Of Kingston Upon Hull HU9 4AE3
£102K10/210.43 mi117, Greenwich Avenue, Hull, City Of Kingston Upon Hull HU9 4XA3
£145K03/230.43 mi50, Amethyst Road, Hull, City Of Kingston Upon Hull HU9 4JD3
£120K02/210.46 mi29, Shannon Road, Hull, City Of Kingston Upon Hull HU8 9PP3
£95K12/200.47 mi22, Amethyst Road, Hull, City Of Kingston Upon Hull HU9 4HN3
£194K02/230.47 mi1, Grantley Grove, Hull, City Of Kingston Upon Hull HU9 4RU3
£205K12/220.48 mi57, Bellfield Avenue, Hull, City Of Kingston Upon Hull HU8 9DT3
£177K12/200.48 mi39, Bellfield Avenue, Hull, City Of Kingston Upon Hull HU8 9DT3
£97.5K07/230.5 mi14, Staines Close, Hull, City Of Kingston Upon Hull HU8 9DH3
£84K05/210.51 mi5, Dorking Close, Hull, City Of Kingston Upon Hull HU8 9DG3
£90K05/230.51 mi7, Coldstream Close, Hull, City Of Kingston Upon Hull HU8 9LS3
£130K07/230.51 mi4, Cawdale Avenue, Hull, City Of Kingston Upon Hull HU9 4HX3
£173K09/210.55 mi36, Ellesmere Avenue, Hull, City Of Kingston Upon Hull HU8 9BT3
£205K04/210.55 mi104, Standidge Drive, Hull, City Of Kingston Upon Hull HU8 0RW3
£110.8K12/220.55 mi10, Caledon Close, Hull, City Of Kingston Upon Hull HU9 4EG3
£110K11/210.56 mi13, Bessingby Grove, Hull, City Of Kingston Upon Hull HU9 5UG3
£211K05/210.57 mi31a, Ellesmere Avenue, Hull, City Of Kingston Upon Hull HU8 9BS3
£190K07/210.57 mi7, Ellesmere Avenue, Hull, City Of Kingston Upon Hull HU8 9BS3
£120K11/200.57 mi141, Tilworth Road, Hull, Humberside HU8 9BP3
£67K03/210.6 mi40, Chelmer Road, Hull, City Of Kingston Upon Hull HU8 9NP3
£95K07/230.6 mi385, Staveley Road, Hull, City Of Kingston Upon Hull HU9 4BX3
£221K10/210.6 mi64, Waldegrave Avenue, Hull, City Of Kingston Upon Hull HU8 9BD3
£210K09/210.6 mi18, Waldegrave Avenue, Hull, City Of Kingston Upon Hull HU8 9BD3
£100K06/210.6 mi116, Caledon Close, Hull, City Of Kingston Upon Hull HU9 4EQ3

Local Rents

51 rents from £500/mo to £950/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£77503/250.2 mi-3
£89501/250.28 mi-3
£95004/240.28 mi-3
£95004/240.29 miTanfield Grove, Hull3
£65006/240.4 mi-3
£65006/240.4 mi-3
£80510/240.51 mi-3
£69501/240.53 mi-3
£89506/240.56 miBellfield Avenue HU8 3
£70005/240.57 miKilnsea Grove, Hull, HU93
£62505/240.63 miThaxted Close, Hull, HU83
£95004/240.66 mi-3
£95004/240.66 mi-3
£95005/240.66 mi-3
£95005/240.66 mi-3
£85005/240.67 mi-3
£67505/240.68 miDuddon Grove, Hull, East Yorkshire, HU83
£79512/240.68 miDuddon Grove, HULL3
£69512/240.69 mi-3
£75004/240.71 miWaveney Road, Hull, HU83
£67505/240.72 miDouglas Road, Hull, East Yorkshire, HU83
£59505/240.77 miAberdeen Street, Hull, East Riding of Yorkshire, HU93
£70005/240.77 miBrent Avenue, Hull, HU83
£89504/240.79 miPortobello Street, Hull3
£92505/240.83 miWansford Grove, Hull, East Riding Of Yorkshire, HU93
£92505/240.83 miWansford Grove, Hull, East Riding Of Yorkshire, HU93
£92505/240.83 miWansford Grove, Hull, East Riding Of Yorkshire, HU93
£92505/240.83 miWansford Grove, Hull, East Riding Of Yorkshire, HU93
£90002/240.83 mi-3
£50002/250.83 mi-3
£79504/250.86 mi-3
£86505/240.88 miCranswick Grove, Dream, Hull, East Riding Of Yorkshire, HU93
£75005/240.92 miEcclesfield Avenue, Hull, East Yorkshire, HU93
£85001/250.95 mi-3
£65004/240.96 miStonebridge Avenue, Greatfield, HU93
£85004/250.97 mi-3
£59504/240.98 miStalybridge Avenue, Hull, HU93
£72501/250.99 mi-3
£72504/241.02 miStanhope Avenue, Holderness Road, Hull, East Yorkshire, HU93
£85005/241.04 mi-3
£65001/241.06 mi-3
£80005/241.08 miCollege Grove, HULL3
£75004/241.08 miBirklands Drive, Hull, East Yorkshire, HU83
£72506/241.08 miWestminster Avenue, Hull3
£69505/241.1 miBoulton Grove, Hull, HU93
£69506/241.1 mi-3
£55004/241.1 miHemswell Avenue, Hull, HU93
£65005/241.14 miWexford Avenue, Hull, HU93
£67505/241.18 mi-3
£67504/241.18 miRetford Grove, Hull, HU93
£67505/241.18 miRetford Grove, Hull, HU93

Local Area Statistics

Population in HU9

40,948

Population in Hull

313,622

Town centre distance

3.55 miles away

Nearest school

0.20 miles away

Nearest train station

3.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Price changed to £90,000

January 27, 2025

Listed for £100,000

August 6, 2024

Floor Plans

Description

  • This extremely spacious three-bedroom middle terrace property is situated in a sought-after residential area. +
  • Handy for access to local amenities, including shops and schools for all ages, as well as direct road and public transport links to the city centre and beyond. +
  • Available on the open market with no chain involved. While it requires general modernisation, it offers tremendous untapped potential to create a fine family home in a fantastic location. +
  • Two reception rooms and kitchen. +
  • Three spacious bedrooms, bathroom and separate WC. +
  • Outside, the front of the property features a wrought iron-enclosed garden, laid with block paving for easy maintenance. +
  • To the rear, there is an enclosed and established garden of good proportions, complete with two useful brick-built stores and a greenhouse. +
  • The property falls under Council Tax Band 'A' payable to Hull City Council, with an EPC grade 'D'

We are delighted to market this excellent family home in a superb location, and a (truncated) +

This extremely spacious three-bedroom middle terrace property is situated in a sought-after residential area. It boasts convenient access to local amenities, including shops and schools for all ages, as well as direct road and public transport links to the city centre and beyond.

This appealing property has been occupied by the same family for many years and is now available on the open market with no chain involved. While it requires general modernisation, it offers tremendous untapped potential to create a fine family home in a fantastic location.

The property benefits from selective Economy Seven heating and double glazing. The ground floor features a welcoming entrance hall, a spacious sitting room, a dining room, and a kitchen.

Moving upstairs, the central first-floor landing provides access to three nicely proportioned bedrooms, a bathroom, and a separate WC.

Outside, the front of the property features a wrought iron-enclosed garden, laid with block paving for easy maintenance. To the rear, there is an enclosed and established garden of good proportions, complete with two useful brick-built stores and a greenhouse.

The property falls under Council Tax Band 'D' payable to Hull City Council, with an EPC grade 'D'

We are delighted to market this excellent family home in a superb location, and a detailed inspection is highly recommended.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

HUL230958/2

Agent Details

Reeds Rains, Hull

01482 251835

Next Steps?

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