2 Bed Terraced House, Single Let, Hull, HU3 2SY, £85,000

The Gardens, Coltman Street, Hull, HU3 2SY - 7 months ago

Sold STC

BTL

ROI: 3%

~63 m²

+5 photos

ValuationOvervalued

Sold Prices	£52K - £161K
Sold Prices/m²	£649/m² - £2.6K/m²

Square Metres	~62.69 m²
Price/m²	£1.4K/m²
Value Estimate	£78,412£78,412

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£21,250£21,250
Stamp Duty & Legal Fees	£5,450£5,450
Total Cash In	£26,700£26,700

Cash Out
Rent Range	£375 - £900£375 - £900
Rent Estimate	£430
Running Costs/mo	£372£372
Cashflow/mo	£58£58
Cashflow/yr	£701£701
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £52K to £161K, average is £90K. £649/m² to £2.6K/m², average is £1.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£63K	07/21	0.11 mi	14, Gee Street, Hull, City Of Kingston Upon Hull HU3 2SL	£649	97	2	Terraced House
£60K	12/20	0.19 mi	24, Camden Street, Hull, City Of Kingston Upon Hull HU3 3JB	£723	83	2	Terraced House
£75K	12/22	0.22 mi	28, Carrington Street, Hull, City Of Kingston Upon Hull HU3 3HX	£1,014	74	2	Terraced House
£53K	05/23	0.23 mi	13, Airlie Street, Hull, City Of Kingston Upon Hull HU3 3JD	£715	74	2	Terraced House
£64.5K	06/23	0.26 mi	16, Gordon Street, Hull, City Of Kingston Upon Hull HU3 3HN	£963	67	2	Terraced House
£108K	03/23	0.29 mi	102, Redbourne Street, Hull, City Of Kingston Upon Hull HU3 3ET	£1,271	85	2	Terraced House
£68K	03/23	0.31 mi	9, Aylesford Street, Hull, City Of Kingston Upon Hull HU3 3JJ	-	-	2	Terraced House
£62K	05/21	0.32 mi	3, Albert Avenue, Hull, City Of Kingston Upon Hull HU3 3EG	£861	72	2	Terraced House
£80K	11/20	0.37 mi	11, Vauxhall Grove, Hull, City Of Kingston Upon Hull HU3 2QY	£1,509	53	2	Semi-Detached House
£65K	12/20	0.43 mi	42, Glasgow Street, Hull, City Of Kingston Upon Hull HU3 3PR	£813	80	2	Terraced House
£63K	07/23	0.48 mi	59, Arthur Street, Hull, City Of Kingston Upon Hull HU3 6BJ	£797	79	2	Terraced House
£69K	03/23	0.48 mi	18, Wells Street, Hull, City Of Kingston Upon Hull HU3 6BN	£745	93	2	Terraced House
£77K	04/23	0.49 mi	234, St Georges Road, Hull, City Of Kingston Upon Hull HU3 3QE	£885	87	2	Terraced House
£92.5K	04/21	0.54 mi	52, West Parade, Hull, City Of Kingston Upon Hull HU3 1BX	£1,285	72	2	Terraced House
£125K	12/22	0.56 mi	48, Edinburgh Street, Hull, City Of Kingston Upon Hull HU3 5AR	£1,646	76	2	Semi-Detached House
£101.1K	08/22	0.61 mi	1, Bentley Court, Hull, City Of Kingston Upon Hull HU3 6BZ	-	-	2	Semi-Detached House
£100K	01/23	0.63 mi	55, Plane Street, Hull, City Of Kingston Upon Hull HU3 6BU	£836	120	2	Terraced House
£95K	05/21	0.63 mi	85, Plane Street, Hull, City Of Kingston Upon Hull HU3 6BU	£922	103	2	Terraced House
£90K	07/23	0.64 mi	1, Cherry Garth, Hull, City Of Kingston Upon Hull HU3 5RQ	-	-	2	Semi-Detached House
£55K	05/21	0.73 mi	43, White Street, Hull, Humberside HU3 5PS	£753	73	2	Terraced House
£80K	03/23	0.8 mi	87, Hawthorn Avenue, Hull, City Of Kingston Upon Hull HU3 5PH	£897	89	2	Terraced House
£115K	01/23	0.81 mi	89, Welbeck Street, Hull, City Of Kingston Upon Hull HU5 3SB	£1,554	74	2	Terraced House
£84.1K	10/21	0.83 mi	105, Alliance Avenue, Hull, City Of Kingston Upon Hull HU3 6QU	£1,152	73	2	Terraced House
£115K	01/23	0.83 mi	105, Alliance Avenue, Hull, City Of Kingston Upon Hull HU3 6QU	£1,575	73	2	Terraced House
£105K	02/23	0.84 mi	127, Thoresby Street, Hull, City Of Kingston Upon Hull HU5 3RB	£1,487	71	2	Terraced House
£87.5K	03/21	0.84 mi	113, Thoresby Street, Hull, City Of Kingston Upon Hull HU5 3RB	£1,136	77	2	Terraced House
£130K	02/23	0.84 mi	10, Westbrick Avenue, Hull, City Of Kingston Upon Hull HU3 5QJ	£1,823	71	2	Semi-Detached House
£90K	04/23	0.84 mi	64, Welbeck Street, Hull, City Of Kingston Upon Hull HU5 3SQ	£1,341	67	2	Terraced House
£112.5K	03/21	0.84 mi	54, Welbeck Street, Hull, City Of Kingston Upon Hull HU5 3SQ	£1,520	74	2	Terraced House
£66K	04/21	0.85 mi	13, Pitt Street, Hull, City Of Kingston Upon Hull HU3 6PN	£931	71	2	Terraced House
£91.5K	06/21	0.87 mi	105, Clumber Street, Hull, City Of Kingston Upon Hull HU5 3RJ	£1,271	72	2	Terraced House
£74K	05/21	0.87 mi	15, Wharncliffe Street, Hull, City Of Kingston Upon Hull HU5 3LX	£1,370	54	2	Terraced House
£161K	04/21	0.87 mi	16, Captains Walk, Hull, City Of Kingston Upon Hull HU1 2DX	£2,389	67	2	Terraced House
£133K	06/23	0.88 mi	77, Clumber Street, Hull, City Of Kingston Upon Hull HU5 3RH	-	-	2	Terraced House
£100K	08/21	0.88 mi	46, Wharncliffe Street, Hull, City Of Kingston Upon Hull HU5 3LY	-	-	2	Terraced House
£83K	07/21	0.88 mi	36, Wharncliffe Street, Hull, City Of Kingston Upon Hull HU5 3LY	£1,307	64	2	Terraced House
£100K	02/23	0.88 mi	83, Wharncliffe Street, Hull, City Of Kingston Upon Hull HU5 3LZ	£1,471	68	2	Terraced House
£100K	03/21	0.89 mi	132, Clumber Street, Hull, City Of Kingston Upon Hull HU5 3RN	£1,251	80	2	Terraced House
£100K	05/23	0.89 mi	114, Clumber Street, Hull, City Of Kingston Upon Hull HU5 3RN	£1,493	67	2	Terraced House
£52K	04/21	0.89 mi	21, Chatham Street, Hull, City Of Kingston Upon Hull HU3 6PP	£765	68	2	Terraced House
£52K	04/21	0.89 mi	21, Chatham Street, Hull, City Of Kingston Upon Hull HU3 6PP	£765	68	2	Terraced House
£94K	01/21	0.9 mi	126, Wharncliffe Street, Hull, City Of Kingston Upon Hull HU5 3NA	£1,567	60	2	Terraced House
£80K	03/21	0.92 mi	186, Belvoir Street, Hull, City Of Kingston Upon Hull HU5 3LT	£1,026	78	2	Terraced House
£101K	10/21	0.92 mi	139, Newstead Street, Hull, Humberside HU5 3NF	£1,263	80	2	Terraced House
£100K	12/20	0.92 mi	9, Belvoir Street, Hull, City Of Kingston Upon Hull HU5 3LP	£1,205	83	2	Terraced House
£122.5K	05/21	0.92 mi	75, Belvoir Street, Hull, City Of Kingston Upon Hull HU5 3LP	£1,441	85	2	Terraced House
£65K	01/21	0.92 mi	155, De La Pole Avenue, Hull, Humberside HU3 6RE	£970	67	2	Terraced House
£158K	06/21	0.92 mi	1, Commodore Croft, Hull, City Of Kingston Upon Hull HU1 2EL	£2,642	60	2	Semi-Detached House
£158K	06/21	0.92 mi	1, Commodore Croft, Hull, City Of Kingston Upon Hull HU1 2EL	£2,642	60	2	Semi-Detached House
£90K	05/23	0.93 mi	11, Renfrew Street, Hull, City Of Kingston Upon Hull HU5 3NP	£1,606	56	2	Terraced House

Local Rents

35 rents from £375/mo to £900/mo, average is £625/mo.

Rent	Date	Distance	Address	Beds	Type
£550	10/24	0.05 mi	-	2	Flat
£495	03/25	0.08 mi	-	2	Flat
£670	04/25	0.09 mi	-	2	Flat
£650	12/24	0.14 mi	-	2	Terraced House
£600	03/24	0.14 mi	-	2	Terraced House
£700	05/24	0.14 mi	-	2	Terraced House
£600	12/24	0.14 mi	-	2	Terraced House
£590	04/25	0.14 mi	-	2	Flat
£625	04/24	0.16 mi	Albert Avenue, Wellsted Street, Hull	2	Terraced House
£625	05/24	0.17 mi	Renaissance House, 49 Boulevard, Hull, HU3 2TS	2	Terraced House
£650	04/24	0.18 mi	Royal Mews, Hull, East Riding Of Yorkshire, HU3	2	Flat
£663	05/24	0.19 mi	Coltman Street, Hull, East Riding Of Yorkshire, HU3	2	Flat
£700	03/25	0.2 mi	-	2	Terraced House
£600	03/25	0.21 mi	-	2	Flat
£650	10/24	0.21 mi	-	2	Terraced House
£675	11/23	0.22 mi	-	2	Terraced House
£595	04/24	0.22 mi	Boulevard, Hull, East Riding Of Yorkshire, HU3	2	Flat
£595	05/24	0.22 mi	Boulevard, Hull, East Riding Of Yorkshire, HU3	2	Flat
£595	04/24	0.22 mi	Boulevard, Hull, East Riding Of Yorkshire, HU3	2	Flat
£525	05/24	0.25 mi	Aylesford Street, Hull, East Riding of Yorkshire, HU3	2	Terraced House
£650	10/24	0.25 mi	-	2	Terraced House
£550	05/24	0.26 mi	Barberry Court, Hull, HU3 2QX	2	Terraced House
£559	05/24	0.28 mi	Linnaeus Street, Hull, East Riding Of Yorkshire, HU3	2	Flat
£900	04/25	0.29 mi	Anchor Court, Anlaby Road, HU3 2PB	2	Flat
£485	02/24	0.31 mi	-	2	Flat
£485	02/24	0.31 mi	-	2	Flat
£675	04/25	0.32 mi	-	2	Flat
£625	05/24	0.32 mi	Avenue Crescent, Albemarle Street, Hull, East Riding Of Yorkshire, HU3	2	Terraced House
£725	03/25	0.42 mi	-	2	Terraced House
£725	03/25	0.42 mi	-	2	Terraced House
£640	04/25	0.43 mi	-	2	Terraced House
£375	04/24	0.47 mi	Flat 2 8 Granville Street, Hull, HU3	2	Flat
£620	01/25	0.54 mi	-	2	Flat
£650	01/25	0.57 mi	-	2	Semi-Detached House
£575	04/24	0.61 mi	Clarendon Street, Hull, HU3	2	Flat

Local Area Statistics

Population in HU3	26,64826,648
Population in Hull	313,622313,622
Town centre distance	1.52 miles away1.52 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.71 miles away0.71 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-3%-3%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+11%+11%

Property History

Listed for £85,000

September 30, 2024

Floor Plans

Description

Close to public transport +
Double glazing +
Shops and amenities nearby +
Off street Parking +
Easy access to City Centre +
Close to Hull Royal Infirmary +

Offered for sale at a reduced price to allow a budget for cosmetic upgrading, this 2 bedroom home has been extended at the rear to create a super dining room with French doors opening to a paved rear garden.

An external door from the front opens to an entrance lobby. The lounge has a fireplace as a focal point and a staircase extends to the first floor from the lounge with walk-in cupboard beneath. The kitchen is fitted with white base units and cupboards, provides space for appliances and links into the addition at the back of the house. A shower room has been also added (off the kitchen) with a basin & WC. This is a really useful development of the of the original build.

To the first floor are 2 similar sized bedrooms and a bathroom with a full suite.

Adjacent to the front door is an integrated brick shed providing useful storage space and beyond the garden at the back is a private driveway with access for parking.

Positioned close to Hull Royal Infirmary and across the road from the MKM stadium, this development opportunity is within a walk of the Hull city centre and everything that it has to offer.

Agent Details

HPC, Hull

01482 251827

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

2 Bed Flat, Single Let, Hull, HU3 2SQ

£50,000

11 views • a year ago • 75 m²

Sold STC

4 Bed House, Single Let, Hull, HU3 2SQ

£135,000

1 views • a month ago • 129 m²

2 Bed Flat, Single Let, Hull, HU3 2SQ

£50,000

7 views • a year ago • 68 m²

Sold STC

3 Bed House, Single Let, Hull, HU3 2TZ

£120,000

2 months ago • 93 m²

2 Bed Terraced House, Single Let, Hull, HU3 2SY, £85,000

ValuationOvervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

Similar Properties

2 Bed Flat, Single Let, Hull, HU3 2SQ

4 Bed House, Single Let, Hull, HU3 2SQ

2 Bed Flat, Single Let, Hull, HU3 2SQ

3 Bed House, Single Let, Hull, HU3 2TZ

Cashflows

Local Sold Prices

Local Rents