3 Bed Detached House, Cash/Bridging Only, Hull, HU10 7GL, £299,950

63 Archbishop Drive, Kirk Ella, East Yorkshire, HU10 7GL - 1 views - 8 months ago

Cash
ROI: 1%
~90 m²
+8 photos

ValuationOvervalued

Sold Prices£166.5K - £745K
Sold Prices/m²£1.8K/m² - £4K/m²

 

 

Square Metres

~89.90 m²
Price/m²£3.3K/m²

Value Estimate

£239,122

 

 

End Value (After Refurb)

£244,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£74,988

Stamp Duty & Legal Fees

£12,696

Refurb Costs

£35,692

Bridging Loan Interest

£7,874

Total Cash In

£132,999

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£244,000

Mortgage (After Refinance)

£183,000

Mortgage LTV

75%

Cash Left In

£132,999

Equity

£61,000

Rent Range

£895 - £1,750

Rent Estimate

£1,166

Running Costs/mo

£1,016

Cashflow/mo

£150

Cashflow/yr

£1,804

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £166.5K to £745K, average is £280K. £1.8K/m² to £4K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£310K02/210.2 mi2, Ashworth Drive, Kirk Ella, Hull, East Riding Of Yorkshire HU10 7NF3
£242K04/210.23 mi33, Great Gutter Lane East, Willerby, Hull, East Riding Of Yorkshire HU10 6FL3
£204K06/210.25 mi12, St Georges Court, Willerby, Hull, East Riding Of Yorkshire HU10 6FN3
£315K06/210.27 mi11, Chilton Rise, Kirk Ella, Hull, East Riding Of Yorkshire HU10 7NH3
£240K04/210.28 mi3, St Stephens Close, Willerby, Hull, East Riding Of Yorkshire HU10 6DG3
£330K02/230.3 mi27, Glenfield Drive, Kirk Ella, Hull, East Riding Of Yorkshire HU10 7UL3
£310K02/210.3 mi54, Glenfield Drive, Kirk Ella, Hull, Humberside HU10 7UL3
£290K01/230.31 mi1, Great Gutter Lane East, Willerby, Hull, East Riding Of Yorkshire HU10 6DE3
£240K11/200.33 mi90, Annandale Road, Kirk Ella, Hull, East Riding Of Yorkshire HU10 7UP3
£270K11/220.36 mi18, Oak Hill, Willerby, Hull, East Riding Of Yorkshire HU10 6DH3
£214K08/210.37 mi12, White House Close, Willerby, Hull, East Riding Of Yorkshire HU10 6BQ3
£224.9K02/230.37 mi12, White House Close, Willerby, Hull, East Riding Of Yorkshire HU10 6BQ3
£280K01/210.38 mi69, Fairfield Avenue, Kirk Ella, Hull, Humberside HU10 7UQ3
£230K01/230.39 mi29, Beverley Road, Willerby, Hull, East Riding Of Yorkshire HU10 6AW3
£225K01/210.39 mi46, Oaklands Drive, Willerby, Hull, East Riding Of Yorkshire HU10 6BJ3
£347.5K11/200.4 mi61a, Main Street, Willerby, Hull, East Riding Of Yorkshire HU10 6BY3
£275K03/210.43 mi26, Fairfield Avenue, Kirk Ella, Hull, East Riding Of Yorkshire HU10 7UH3
£252.5K06/230.43 mi5, Birkdale Close, Kirk Ella, Hull, East Riding Of Yorkshire HU10 7US3
£230K06/210.45 mi92, Main Street, Willerby, Hull, East Riding Of Yorkshire HU10 6BZ3
£260K11/200.45 mi80, Main Street, Willerby, Hull, East Riding Of Yorkshire HU10 6BZ3
£285K12/220.45 mi54, Annandale Road, Kirk Ella, Hull, East Riding Of Yorkshire HU10 7UU3
£250K06/230.45 mi31, Derrymore Road, Willerby, Hull, East Riding Of Yorkshire HU10 6ES3
£204.5K06/230.46 mi27, Well Lane, Willerby, Hull, East Riding Of Yorkshire HU10 6EP3
£267K04/210.47 mi25, Annandale Road, Kirk Ella, Hull, East Riding Of Yorkshire HU10 7UT3
£280K03/210.47 mi23, Annandale Road, Kirk Ella, Hull, East Riding Of Yorkshire HU10 7UT3
£302.5K12/200.47 mi35, Fairfield Avenue, Kirk Ella, Hull, East Riding Of Yorkshire HU10 7UG3
£166.5K01/210.48 mi14, Eden Rise, Willerby, Hull, East Riding Of Yorkshire HU10 6EZ3
£262.5K07/230.48 mi80, Ellerker Rise, Willerby, Hull, East Riding Of Yorkshire HU10 6EU3
£335K01/210.51 mi8, St Andrews Mount, Kirk Ella, Hull, East Riding Of Yorkshire HU10 7TE3
£290K02/210.51 mi16, St Andrews Mount, Kirk Ella, Hull, East Riding Of Yorkshire HU10 7TE3
£220K12/220.57 mi32, Well Lane, Willerby, Hull, East Riding Of Yorkshire HU10 6HB3
£375K10/220.61 mi47, Elms Drive, Kirk Ella, Hull, East Riding Of Yorkshire HU10 7QH3
£337K03/210.61 mi42, Braids Walk, Kirk Ella, Hull, East Riding Of Yorkshire HU10 7PD3
£330K03/230.62 mi44, Elms Drive, Kirk Ella, Hull, East Riding Of Yorkshire HU10 7QJ3
£265K01/210.66 mi57, Elms Drive, Kirk Ella, Hull, East Riding Of Yorkshire HU10 7QH3
£359.9K06/210.67 mi4, Elms Drive, Kirk Ella, Hull, East Riding Of Yorkshire HU10 7QJ3
£314.5K09/210.67 mi36, Elms Drive, Kirk Ella, Hull, East Riding Of Yorkshire HU10 7QJ3
£362.5K03/210.67 mi48, Elms Drive, Kirk Ella, Hull, East Riding Of Yorkshire HU10 7QJ3
£325K11/200.67 mi40, Elms Drive, Kirk Ella, Hull, East Riding Of Yorkshire HU10 7QJ3
£170K06/210.68 mi65, Kingston Road, Willerby, Hull, East Riding Of Yorkshire HU10 6AD3
£323K12/200.68 mi31, Kingston Road, Willerby, Hull, East Riding Of Yorkshire HU10 6AD3
£339.9K11/210.7 mi6, Carr Lane, Willerby, Hull, East Riding Of Yorkshire HU10 6JW3
£257.5K12/200.7 mi12, Carr Lane, Willerby, Hull, East Riding Of Yorkshire HU10 6JW3
£330K07/230.7 mi12, Carr Lane, Willerby, Hull, East Riding Of Yorkshire HU10 6JW3
£745K04/230.73 mi38, The Fairway, West Ella, Hull, East Riding Of Yorkshire HU10 7SB3
£208K11/200.73 mi48, Kingston Road, Willerby, Hull, East Riding Of Yorkshire HU10 6BH3
£375K11/200.75 mi52, West Ella Road, Kirk Ella, Hull, East Riding Of Yorkshire HU10 7QN3
£400K11/210.75 mi55, Elveley Drive, West Ella, Hull, East Riding Of Yorkshire HU10 7RX3
£315K02/210.75 mi36, Wolfreton Garth, Kirk Ella, Hull, East Riding Of Yorkshire HU10 7AD3
£197.5K03/210.77 mi16, Lilac Avenue, Willerby, Hull, East Riding Of Yorkshire HU10 6AE3

Local Rents

12 rents from £895/mo to £1.8K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,10004/240.06 mi-3
£89504/240.23 miSt. Georges Court, Willerby, HU103
£1,14912/240.31 mi-3
£90010/240.53 mi-3
£1,25005/240.91 miThe Vale, Kirk Ella3
£99504/231.01 mi-3
£1,09504/241.02 miWordsworth Avenue. Kirk Ella, Kirk Ella, HU103
£1,09506/241.02 mi-3
£1,15003/251.02 mi-3
£1,10012/241.09 mi-3
£1,75001/251.1 mi-3
£1,50005/241.12 miWest Ella Road, West Ella, Hull, East Yorkshire, HU103

Local Area Statistics

Population in HU10

19,219

Population in Hull

313,622

Town centre distance

4.05 miles away

Nearest school

0.60 miles away

Nearest train station

3.16 miles away

 

 

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £299,950

August 28, 2024

Floor Plans

Description

  • Modern Detached House +
  • 3 Good Bedrooms +
  • Immaculately Presented +
  • En-suite to Bed 1 +
  • Corner Style Plot +
  • Part Walled Garden +
  • Council Tax Band = E +
  • Freehold/EPC = C +

OFFERED WITH NO ONWARD CHAIN and ready to move straight into is this nearly new detached house which stands on an attractive corner plot with part walled rear garden, Features also include kitchen with bi fold doors, utility, en-suite to bed 1, side drive. PART EXCHANGE CONSIDERED!

Introduction - This modern 3 bedroomed detached house stands on a corner style plot within the West Hill development built in recent times by the award winning builders Messrs Beal Homes. The property is offered in a virtually new condition and the current owners and enhanced the house with homely fittings to create a walk into opportunity for a purchaser. The accommodation has the benefit central heating, uPVC framed double glazing and briefly comprises an entrance hall, cloaks/W.C., separate lounge and a dining kitchen with bi fold doors leading out to the part walled garden. There is also a utility room. Up on the first floor are three good sized bedrooms, en-suite to bed 1 and a separate house bathroom. A side drive provides parking. The garden is part walled with lawn, patio area and a storage shed. The property will be conveyed with the remained of the NHBC guarantee. Part exchange considered.

Part Exchange Considered - The seller may consider exchanging this property for your existing home if it is of a lesser value with the appropriate cash difference to be paid.

Location - Archbishop Drive forms part of the recent prestigious West Hill development by Messrs Beal Homes. West Hill Road is situated off Beverley Road close to Willerby shopping park and a host of general amenities. Willerby and the surrounding area provide more extensive facilities and convenient access towards Beverley, Hull city centre or the Humber Bridge and motorway network.

Accommodation - Residential entrance door to:

Entrance Hall - With stairs to first floor off.

Cloaks/W.C. - With low level W.C., wash hand basin, tiled surround.

Lounge - 5.49m x 2.92m approx (18'0" x 9'7" approx) - Window to both front and side elevations, feature marble fire surround housing electric fire.

Dining Kitchen - 5.49m x 2.92m approx (18'0" x 9'7" approx) - With fitted base and wall mounted units with work surfaces, one and a half sink and drainer, mixer tap, integrated oven, four ring gas hob, filter hood above and a fridge. Recessed downlighters to ceiling, windows to front and side and bi fold doors opening out to the garden.

Utility Room - 2.13m x 1.63m approx (7'0" x 5'4" approx) - With fitted cupboard, plumbing for automatic washing machine and space for other appliances.

First Floor -

Landing - With a very useful storage cupboard and airing cupboard situated off.

Bedroom 1 - 4.19m x 3.18m approx (13'9" x 10'5" approx) - Window to front elevation.

En-Suite Shower Room - With concealed flush W.C., wash hand basin in cabinet, shower area with rainhead and handheld shower system, tiled surround, heated towel rail.

Bedroom 2 - 3.40m x 3.00m approx (11'2" x 9'10" approx) - Window to front elevation.

Bedroom 3 - 3.18m x 2.21m approx (10'5" x 7'3" approx) - Window to side elevation.

Bathroom - With suite comprising concealed flush W.C., wash hand basin with cabinet, bath with shower over and screen, tiled surround.

Outside - The property occupies a corner style plot and a side drive provides parking provision. The rear garden has a brick wall to two sides with the remainder being fence. The garden is lawned complimented by a patio area. There is also a useful storage shed.

Patio Area -

Rear View -

Tenure - Freehold

Council Tax Band - From a verbal enquiry we are led to believe that the Council Tax band for this property is Band E. We would recommend a purchaser make their own enquiries to verify this.

Fixtures & Fittings - Fixtures and fittings other than those specified in this brochure, such as carpets, curtains and light fittings, may be available subject to separate negotiation. If there are any points of particular importance to you, please contact the office and we will be pleased to check the information for you.

Viewing - Strictly by appointment through the agent. Brough Office .

Agents Note - For clarification, we wish to inform prospective purchasers that we have not carried out a detailed survey, nor tested the services, appliances and specific fittings for this property. All measurements provided are approximate and for guidance purposes only. Floor plans are included as a service to our customers and are intended as a GUIDE TO LAYOUT only. NOT TO SCALE. Matthew Limb Estate Agents Ltd for themselves and for the vendors or lessors of this property whose agents they are give notice that (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute any part of an offer or contract (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct and any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them (iii) no person in the employment of Matthew Limb Estate Agents Ltd has any authority to make or give any representation or warranty whatever in relation to this property. If there is any point which is of particular importance to you, please contact the office and we will be pleased to check the information, particularly if you contemplate travelling some distance to view the property.

Photograph Disclaimer - In order to capture the features of a particular room we will mostly use wide angle lens photography. This will sometimes distort the image slightly and also has the potential to make a room look larger. Please therefore refer also to the room measurements detailed within this brochure.

Valuation Service - If you have a property to sell we would be delighted to provide a free
o obligation valuation and marketing advice. Call us now on .

Agent Details

Limb Estate Agents, Brough

01482 251747

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