2 Bed Terraced House, Single Let, Hull, HU3 6PP, £65,000

Chatham Street, Hull, East Riding Of Yorkshire, HU3 6PP - 7 months ago

BTL
ROI: 10%
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£52K - £137K
Sold Prices/m²£765/m² - £2.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£954/m²

Value Estimate

£79,300
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£16,250

Stamp Duty & Legal Fees

£4,450

Total Cash In

£20,700

 

 

Cash Out

 

Rent Range

£375 - £1,105

Rent Estimate

£500

Running Costs/mo

£323

Cashflow/mo

£177

Cashflow/yr

£2,123

ROI

10%

Gross Yield

9%

Local Sold Prices

49 sold prices from £52K to £137K, average is £100K. £765/m² to £2.1K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£52K04/210 mi21, Chatham Street, Hull, City Of Kingston Upon Hull HU3 6PP2
£52K04/210 mi21, Chatham Street, Hull, City Of Kingston Upon Hull HU3 6PP2
£66K04/210.04 mi13, Pitt Street, Hull, City Of Kingston Upon Hull HU3 6PN2
£65K01/210.05 mi155, De La Pole Avenue, Hull, Humberside HU3 6RE2
£70K08/210.09 mi201, De La Pole Avenue, Hull, City Of Kingston Upon Hull HU3 6RF2
£80K03/210.09 mi207, De La Pole Avenue, Hull, City Of Kingston Upon Hull HU3 6RF2
£68K01/210.12 mi246, De La Pole Avenue, Hull, Humberside HU3 6RJ2
£115K01/230.2 mi105, Alliance Avenue, Hull, City Of Kingston Upon Hull HU3 6QU2
£84.1K10/210.2 mi105, Alliance Avenue, Hull, City Of Kingston Upon Hull HU3 6QU2
£110K01/230.24 mi22, Woodgate Road, Hull, City Of Kingston Upon Hull HU5 5AH2
£115K09/210.31 mi36, Dundee Street, Hull, City Of Kingston Upon Hull HU5 3TY2
£108K01/210.31 mi49, Luton Road, Hull, City Of Kingston Upon Hull HU5 5AJ2
£123K02/230.36 mi125, Roslyn Road, Hull, City Of Kingston Upon Hull HU3 6XG2
£125K11/200.36 mi91, Roslyn Road, Hull, City Of Kingston Upon Hull HU3 6XG2
£82K05/210.36 mi141, Perth Street West, Hull, City Of Kingston Upon Hull HU5 3UN2
£110K01/230.37 mi113, Perth Street West, Hull, City Of Kingston Upon Hull HU5 3UN2
£118K03/230.37 mi39, Rutland Road, Hull, City Of Kingston Upon Hull HU5 5AL2
£87.5K11/200.37 mi51, Rutland Road, Hull, City Of Kingston Upon Hull HU5 5AL2
£90K11/200.37 mi15, Rutland Road, Hull, City Of Kingston Upon Hull HU5 5AL2
£117.5K05/210.38 mi26, Roslyn Road, Hull, City Of Kingston Upon Hull HU3 6XJ2
£95K02/210.38 mi80, Roslyn Road, Hull, City Of Kingston Upon Hull HU3 6XJ2
£114K07/210.39 mi162, Meadowbank Road, Hull, City Of Kingston Upon Hull HU3 6XP2
£130K10/210.39 mi138, Meadowbank Road, Hull, City Of Kingston Upon Hull HU3 6XP2
£100K01/210.39 mi112, Meadowbank Road, Hull, City Of Kingston Upon Hull HU3 6XP2
£85K02/210.39 mi5, Southburn Avenue, Hull, Humberside HU5 5BB2
£105K06/230.39 mi14, Southburn Avenue, Hull, City Of Kingston Upon Hull HU5 5BB2
£112.5K06/210.39 mi75, Roslyn Road, Hull, City Of Kingston Upon Hull HU3 6XQ2
£82.5K03/210.39 mi124, Brooklands Road, Hull, Humberside HU5 5AF2
£120K03/230.4 mi64, Meadowbank Road, Hull, City Of Kingston Upon Hull HU3 6XW2
£81K03/230.41 mi7, Hildas Avenue, Hull, City Of Kingston Upon Hull HU5 3UJ2
£110K07/210.41 mi11, Brooklands Road, Hull, City Of Kingston Upon Hull HU5 5AD2
£125K02/230.42 mi72, Meadowbank Road, Hull, City Of Kingston Upon Hull HU3 6XW2
£98K12/200.43 mi23, Warneford Gardens, Hull, City Of Kingston Upon Hull HU5 3SX2
£90K01/230.43 mi5, Warneford Gardens, Hull, City Of Kingston Upon Hull HU5 3SX2
£94K01/210.43 mi126, Wharncliffe Street, Hull, City Of Kingston Upon Hull HU5 3NA2
£101K10/210.44 mi139, Newstead Street, Hull, Humberside HU5 3NF2
£100K01/230.44 mi55, Plane Street, Hull, City Of Kingston Upon Hull HU3 6BU2
£95K05/210.44 mi85, Plane Street, Hull, City Of Kingston Upon Hull HU3 6BU2
£90K03/210.45 mi143, Cardigan Road, Hull, City Of Kingston Upon Hull HU3 6XD2
£95K11/200.45 mi149, Cardigan Road, Hull, City Of Kingston Upon Hull HU3 6XD2
£108K05/230.45 mi125, Cardigan Road, Hull, City Of Kingston Upon Hull HU3 6XD2
£85K07/210.45 mi107, Cardigan Road, Hull, City Of Kingston Upon Hull HU3 6XD2
£122K05/230.45 mi113, Cardigan Road, Hull, City Of Kingston Upon Hull HU3 6XD2
£137K04/230.46 mi101, Brooklands Road, Hull, City Of Kingston Upon Hull HU5 5AE2
£100K02/230.46 mi83, Wharncliffe Street, Hull, City Of Kingston Upon Hull HU5 3LZ2
£117K02/230.46 mi81, Brooklands Road, Hull, City Of Kingston Upon Hull HU5 5AE2
£95.5K12/200.47 mi72, Kirklands Road, Hull, City Of Kingston Upon Hull HU5 5AU2
£78.8K11/210.48 mi11, Selkirk Street, Hull, City Of Kingston Upon Hull HU5 3NS2
£131K10/210.48 mi17, Cardigan Road, Hull, City Of Kingston Upon Hull HU3 6XA2

Local Rents

50 rents from £375/mo to £1.1K/mo, average is £625/mo.

RentDateDistanceAddressBeds 
£59505/240 miChatham Street, Hull, East Riding Of Yorkshire, HU32
£59504/250.02 mi-2
£50006/240.03 mi-2
£65012/240.05 mi-2
£57504/240.06 mi-2
£75001/250.06 mi-2
£57501/240.06 miFairmount Avenue, De La Pole Avenue, Hull, East Riding Of Yorkshire, HU32
£57505/240.06 miFairmount Avenue, De La Pole Avenue, Hull, East Riding Of Yorkshire, HU32
£65004/240.1 miElm Grove, De La Pole Avenue, Hull, HU32
£57504/250.1 mi-2
£65001/250.12 mi-2
£52505/240.17 miSpring Bank West, Hull, HU3 6LB2
£55005/240.18 miAlliance Avenue, Hull, HU32
£50011/230.27 mi-2
£67504/240.29 miBrooklands Road, Hull, East Riding Of Yorkshire, HU52
£67505/240.29 miBrooklands Road, Hull, East Riding Of Yorkshire, HU52
£60012/240.34 mi-2
£65002/250.35 mi-2
£65001/250.35 mi-2
£62502/250.35 mi-2
£75001/240.36 mi-2
£60004/240.37 miPerth Street West, HU52
£1,10505/240.37 mi-2
£62504/240.37 miRutland Road, Spring Bank West, Hull, East Yorkshire, HU52
£65004/250.38 mi-2
£62504/240.39 miCardigan Road, Hull, HU32
£62504/240.39 mi-2
£62001/250.39 mi-2
£65003/250.4 mi-2
£72504/250.41 mi-2
£55005/240.42 miPerth Street West, Hull, HU52
£55005/240.42 mi-2
£65004/240.42 mi-2
£65011/240.42 mi-2
£62504/240.43 miPerth Street, HULL, HU5 3NZ2
£62505/240.43 miPerth Street, HULL, HU5 3NZ2
£77504/240.44 mi-2
£62503/240.44 mi-2
£90004/250.45 mi-2
£49512/240.47 miPlane Street, Hull, East Riding Of Yorkshire, HU32
£37504/240.48 miFlat 2 8 Granville Street, Hull, HU32
£75005/240.49 miAnlaby Road, Hull, HU3 6UZ2
£65004/240.5 miSelkirk Street, Hull2
£55005/240.5 miWharncliffe Street, Hull2
£62504/240.51 mi-2
£55004/240.52 miHawthorn Avenue, Hull, East Riding Of Yorkshire, HU32
£62504/240.52 miWhite St, Hull, HU32
£65004/240.53 miPerth Street, HULL, HU5 3NL2
£72505/240.53 miWestbourne Avenue West, Hull, HU5 3JE2
£59504/250.56 mi-2

Local Area Statistics

Population in HU3

26,648

Population in Hull

313,622

Town centre distance

1.30 miles away

Nearest school

0.30 miles away

Nearest train station

1.44 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-3%

Sales demand

Seller's market

Capital growth (5yrs)

+11%

Property History

Price changed to £65,000

March 28, 2025

Price changed to £59,000

March 24, 2025

Price changed to £61,000

March 16, 2025

Price changed to £63,000

October 4, 2024

Price changed to £65,000

September 27, 2024

Price changed to £100,000

September 18, 2024

Listed for £80,000

September 13, 2024

Description

  • Buy-to-Let Opportunity +
  • Lounge and Kitchen +
  • Spacious Rooms +
  • Three Piece Bathroom +
  • Garden Ground Space +
  • Long Term Tenant Currently Situated +
  • Likely to attract enquiries from Serious Investors & Developers +
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack) +

Our latest listing is a 2 bedroom Terraced House located in Hull. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-kept home features 2 bedrooms, a three piece bathroom and garden ground space.

It currently produces an annual gross income of £6,000 which could be increased by the new owner to a market rate of £8,400 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Agent Details

Let Property Sales & Management, Glasgow

0141 673 7973

Next Steps?

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