3 Bed Terraced House, Motivated Seller, Hull, HU4 6ET, £145,000

Boothferry Road, Hull, Humberside, HU4 6ET - 8 months ago

Sold STC
Motivated
BTL
ROI: 2%
~99 m²
+8 photos

ValuationUndervalued

Sold Prices£91.5K - £245K
Sold Prices/m²£1.1K/m² - £2.8K/m²

 

 

Square Metres

~99.20 m²
Price/m²£1.5K/m²

Value Estimate

£163,616
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£8,850

Total Cash In

£45,100

 

 

Cash Out

 

Rent Range

£590 - £1,900

Rent Estimate

£688

Running Costs/mo

£611

Cashflow/mo

£77

Cashflow/yr

£927

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £91.5K to £245K, average is £137K. £1.1K/m² to £2.8K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£162.5K10/200.01 mi105, Boothferry Road, Hull, City Of Kingston Upon Hull HU4 6ET3
£178K10/200.04 mi19, Legends Way, Hull, City Of Kingston Upon Hull HU4 6AW3
£126K09/210.11 mi18, Kempton Road, Hull, City Of Kingston Upon Hull HU3 6UF3
£91.5K11/220.11 mi144, Boothferry Road, Hull, City Of Kingston Upon Hull HU4 6ER3
£120K02/210.11 mi366, North Road, Hull, City Of Kingston Upon Hull HU4 6DD3
£146K08/210.11 mi336, North Road, Hull, City Of Kingston Upon Hull HU4 6DD3
£123K11/220.12 mi315, North Road, Hull, City Of Kingston Upon Hull HU4 6BZ3
£115K01/210.13 mi217, North Road, Hull, City Of Kingston Upon Hull HU4 6LA3
£143K05/210.14 mi295, North Road, Hull, City Of Kingston Upon Hull HU4 6BZ3
£154K12/220.14 mi179, Boothferry Road, Hull, City Of Kingston Upon Hull HU4 6EX3
£143K06/210.14 mi695, Anlaby Road, Hull, City Of Kingston Upon Hull HU3 6UL3
£127.5K08/210.14 mi687, Anlaby Road, Hull, City Of Kingston Upon Hull HU3 6UL3
£165K11/210.15 mi167, Boothferry Road, Hull, City Of Kingston Upon Hull HU4 6EX3
£102.5K11/200.15 mi3, Airmyn Avenue, Hull, City Of Kingston Upon Hull HU3 6UD3
£128K11/200.16 mi7, Brockton Close, Hull, City Of Kingston Upon Hull HU3 5QH3
£237K09/220.18 mi23, Ascott Close, Hull, City Of Kingston Upon Hull HU4 6EQ3
£155K03/210.22 mi1, Callerton Street, Hull, City Of Kingston Upon Hull HU3 5BH3
£128K11/220.22 mi357, North Road, Hull, City Of Kingston Upon Hull HU4 6BZ3
£96K05/230.23 mi68, Cardigan Road, Hull, City Of Kingston Upon Hull HU3 6XB3
£110K02/230.23 mi32, Rawcliffe Grove, Hull, City Of Kingston Upon Hull HU4 6HD3
£108K05/230.24 mi37, Cardigan Road, Hull, City Of Kingston Upon Hull HU3 6XA3
£124K01/210.24 mi25, Cardigan Road, Hull, City Of Kingston Upon Hull HU3 6XA3
£128K03/210.24 mi67, Meadowbank Road, Hull, City Of Kingston Upon Hull HU3 6XL3
£138K01/210.24 mi169, Eastfield Road, Hull, City Of Kingston Upon Hull HU4 6DU3
£170K07/210.24 mi210, Boothferry Road, Hull, City Of Kingston Upon Hull HU4 6EW3
£149.9K09/210.24 mi188, Boothferry Road, Hull, City Of Kingston Upon Hull HU4 6EW3
£127K08/210.25 mi45, Eastfield Road, Hull, City Of Kingston Upon Hull HU4 6DS3
£140K06/210.25 mi65, Eastfield Road, Hull, City Of Kingston Upon Hull HU4 6DS3
£95K05/230.25 mi53, Eastfield Road, Hull, City Of Kingston Upon Hull HU4 6DS3
£120K08/210.26 mi144, Eastfield Road, Hull, Humberside HU4 6DY3
£100K12/200.26 mi5, Woldcarr Road, Hull, City Of Kingston Upon Hull HU3 6TP3
£123K11/210.27 mi24, Seaton Grove, Hull, City Of Kingston Upon Hull HU4 6HF3
£121.5K06/210.27 mi40, Eastfield Road, Hull, Humberside HU4 6DX3
£104K01/230.27 mi65, Roslyn Road, Hull, City Of Kingston Upon Hull HU3 6XQ3
£130K06/230.28 mi33, Woldcarr Road, Hull, City Of Kingston Upon Hull HU3 6TP3
£136K07/230.28 mi48, Roslyn Road, Hull, City Of Kingston Upon Hull HU3 6XJ3
£150K05/230.3 mi19a, Coxwold Grove, Hull, City Of Kingston Upon Hull HU4 6HH3
£127K04/210.3 mi5, Coxwold Grove, Hull, City Of Kingston Upon Hull HU4 6HH3
£162.5K05/230.3 mi105, Belgrave Drive, Hull, City Of Kingston Upon Hull HU4 6DP3
£205K10/210.31 mi39, Belgrave Drive, Hull, City Of Kingston Upon Hull HU4 6DR3
£198K03/230.31 mi1a, Belgrave Drive, Hull, City Of Kingston Upon Hull HU4 6DR3
£214K12/210.31 mi54, Hamlyn Avenue, Hull, City Of Kingston Upon Hull HU4 6BU3
£222K11/220.32 mi90, Belgrave Drive, Hull, City Of Kingston Upon Hull HU4 6DW3
£150K02/230.33 mi65, Hawthorn Avenue, Hull, City Of Kingston Upon Hull HU3 5PA3
£180K11/220.33 mi65, Norton Grove, Hull, City Of Kingston Upon Hull HU4 6HL3
£140K11/200.33 mi36, Norton Grove, Hull, City Of Kingston Upon Hull HU4 6HL3
£191K05/210.33 mi59, Hamlyn Avenue, Hull, City Of Kingston Upon Hull HU4 6BT3
£159.9K10/220.33 mi26, Calvert Lane, Hull, City Of Kingston Upon Hull HU4 6BJ3
£245K04/220.33 mi45, Hamlyn Avenue, Hull, City Of Kingston Upon Hull HU4 6BT3
£134K09/210.33 mi84, Meadowbank Road, Hull, City Of Kingston Upon Hull HU3 6XP3

Local Rents

25 rents from £590/mo to £1.9K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£92502/250.1 mi-3
£79505/240.11 miNorth Road, Hull, East Yorkshire, HU43
£82501/250.16 mi-3
£79504/240.25 mi-3
£99801/250.28 mi-3
£1,90004/250.28 mi-3
£82503/250.3 mi-3
£95002/250.32 mi-3
£59001/240.34 mi-3
£65004/240.39 miNorthfield Road, Hull, East Riding of Yorkshire, HU33
£85002/240.4 mi-3
£89504/240.47 miParkfield Drive, Hull3
£80003/250.47 mi-3
£79504/240.48 miMelrose Street, Hull, HU3 6ET3
£79505/240.48 miMelrose Street, Hull, HU3 6ET3
£97504/240.48 mi-3
£89505/240.51 miA De La Pole Avenue, Hull, HU33
£89504/240.51 mi-3
£89505/240.51 mi-3
£75004/240.55 mi-3
£80003/250.57 mi-3
£1,10010/240.58 mi-3
£1,15004/250.58 mi-3
£72505/240.61 mi-3
£72504/240.61 miAlbert Avenue, Hull, HU33

Local Area Statistics

Population in HU4

23,048

Population in Hull

313,622

Town centre distance

1.95 miles away

Nearest school

0.20 miles away

Nearest train station

1.83 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+12%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Price changed to £145,000

October 16, 2024

Listed for £157,500

August 29, 2024

Floor Plans

Description

  • Council Tax Band A, Freehold +
  • Terraced House - In Great Condition +
  • Recently Fully Refurbished +
  • New Roof & Re-wiring +
  • Modern Three piece Bathroom +
  • Three well proportioned Bedrooms +
  • Off Street Parking +
  • Low Maintenance Rear Garden +
  • Excellent transport links & Close to local Amenities +
  • Viewing Highly Advised +

This move in ready terraced house offers spacious living arrangements throughout would make the perfect investment first time buyers and investors. Situated in the City of Hull, this property has been recently fully refurbished throughout to a high standards and offers street parking to the front.

This terraced home is located in Hull with close proximity to a range of amenities, schools, shopping facilities, food/drink establishments and more. The area also offers excellent road and transport links for travel both locally and further afield.

The accommodation briefly comprises a welcoming entrance way into the hallway, a spacious living room, a three piece shower room and a modern fitted kitchen with open plan dining space.

To the first floor is an inviting landing area through to three well-proportioned bedrooms and a three-piece bathroom with a tub-shower combination, a hand wash basin and a WC.

Externally, the property benefits from a low maintenance rear garden and on street parking is available to the front.

This home is an excellent find. We anticipate a high amount of interest and as such we would recommend that any interested buyers inquire to arrange a viewing at the earliest convenience to ensure the opportunity is not missed.

Premium Fast Sale

The innovative Premium Fast Sale Plus method from Springbok Properties is a secure and straightforward way to buy property. It works like a typical sale, with a number of added benefits to the buyer.

Benefits

o Carefully implemented security measures
o A speedy process
o Realistically priced properties
o A Buy it Now option (ask for further information on this feature from our advisors)
o A significantly reduced chance of fall-throughs
o No risk of being "gazumped"
o The full focus of our highly motivated team

Springbok Properties' Premium Fast Sale Plus puts you in the driving seat thanks to our fast and secure methods.

All properties are competitively priced and carefully managed by motivated sellers for a quick, stress-free transaction.

Deposit

Sales can be secured with a reservation deposit of £2,500. This forms part of the final purchase price and is NOT an extra cost.

This deposit ensures that the property is taken off the market as soon as a sale is agreed. It is then exclusively reserved for you, eliminating gazumping, time wasting and financial loss.

An administration fee of £396 is required in order to draw up an exclusive legally binding contract between the buyer and seller. This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.

Exclusivity

Following the payment of the above amount, Springbok Properties will facilitate a fixed exclusivity period (approximately 12 weeks). During this time, surveys should be arranged and preparations made for the exchange of contracts. The property will be reserved, so there will be no risk of gazumping.

Process

Our Premium Fast Sale Plus follows the below process:

STEP 1 - Register your interest
STEP 2 - Prepare your finances for the purchase
STEP 3 - Arrange a viewing
STEP 4 - Make an offer
STEP 5 - Secure your sale using our secure system
STEP 6 - Exchange and complete

Don't miss out on the chance to purchase this property. Call us today for further information and to arrange a viewing.

If you're interested in this property, we urge you to contact us immediately to arrange an early viewing and get the process started. This will help you to avoid missing out on this opportunity.

Springbok Properties' innovative Premium Fast Sale Plus is a secure and straightforward way to buy property.

Please note: to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Please call us now to book an appointment.

We highly recommend early viewing as this property is priced relatively low and is likely to generate quite an interest.

Please call us now to book an appointment.

Call Recording

Please note to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Disclaimer

Springbok Properties for itself and the Vendors or lessors of properties for whom they act give notice that:

The details shown on this website are a general outline for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract or sales particulars. All descriptions, dimensions, references to condition and other details are given in good faith and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection, searches, survey, enquiries or otherwise as to their correctness. We have not been able to test any of the building service installations and recommend that prospective purchasers arrange for a qualified person to check them before entering into any commitment. Further, any reference to, or use of any part of the properties is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.

TENURE

To be confirmed by the Vendor's Solicitors

Note

The price given is a marketing price and not an indication of the property's market value. The vendor like any seller is looking to achieve the maximum price possible. Hence, by making an enquiry on this property, you recognise and understand that this property is strictly offers in excess of the marketing price provided.

How to View this Property

Viewing is strictly by appointment please call us now for bookings.

AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.

Agent Details

Springbok Properties, Nationwide

0161 416 6302

Next Steps?

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