2 Bed Terraced House, Single Let, Hull, HU5 1BH, £99,950

9 Folkestone Street, Hull, HU5 1BH - 1 views - 6 months ago

BTL

61 m²

+6 photos

ValuationOvervalued

Sold Prices	£58.8K - £215K
Sold Prices/m²	£703/m² - £2K/m²

Square Metres	61 m²
Price/m²	£1.6K/m²
Value Estimate	£73,494£73,494

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£24,988£24,988
Stamp Duty & Legal Fees	£6,198£6,198
Total Cash In	£31,185£31,185

Cash Out
Rent Range	£85 - £1,590£85 - £1,590
Rent Estimate	£407
Running Costs/mo	£414£414
Cashflow/mo	£-7£-7
Cashflow/yr	£-81£-81
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £58.8K to £215K, average is £88.3K. £703/m² to £2K/m², average is £1.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£76K	06/23	0.02 mi	8, Folkestone Street, Hull, City Of Kingston Upon Hull HU5 1BH	£1,118	68	2	Semi-Detached House
£98K	02/23	0.08 mi	58, Folkestone Street, Hull, City Of Kingston Upon Hull HU5 1BJ	-	-	2	Terraced House
£73K	11/20	0.13 mi	69, Nicholson Street, Hull, City Of Kingston Upon Hull HU5 1EY	£859	85	2	Terraced House
£80K	06/23	0.2 mi	49, Worthing Street, Hull, City Of Kingston Upon Hull HU5 1PD	-	-	2	Terraced House
£65K	01/23	0.2 mi	5, Farringdon Street, Hull, City Of Kingston Upon Hull HU5 1JA	£1,167	56	2	Terraced House
£64K	01/23	0.22 mi	23, Stepney Lane, Hull, City Of Kingston Upon Hull HU5 1HZ	£703	91	2	Semi-Detached House
£85K	05/23	0.28 mi	48, Grafton Street, Hull, City Of Kingston Upon Hull HU5 2NR	£1,104	77	2	Terraced House
£85K	07/23	0.29 mi	79, Worthing Street, Hull, City Of Kingston Upon Hull HU5 1PP	£1,076	79	2	Terraced House
£105K	04/23	0.29 mi	2, Rydale Court, Hull, City Of Kingston Upon Hull HU5 1QE	-	-	2	Terraced House
£72.5K	06/21	0.34 mi	1c, Cave Street, Hull, City Of Kingston Upon Hull HU5 2TZ	£1,169	62	2	Terraced House
£115K	08/21	0.37 mi	102, Ryde Avenue, Hull, City Of Kingston Upon Hull HU5 1QG	£1,438	80	2	Terraced House
£87K	11/20	0.43 mi	8, Knightsbridge Court, Hull, City Of Kingston Upon Hull HU3 1UG	£1,403	62	2	Terraced House
£85K	12/22	0.44 mi	19, Tattershall Close, Hull, City Of Kingston Upon Hull HU2 0BA	£1,417	60	2	Terraced House
£115K	05/23	0.44 mi	26, Clough Road, Hull, City Of Kingston Upon Hull HU5 1QN	£1,494	77	2	Terraced House
£100K	12/20	0.48 mi	188, Newland Avenue, Hull, City Of Kingston Upon Hull HU5 2NE	£1,429	70	2	Terraced House
£89K	08/23	0.49 mi	20, Fountain Road, Hull, City Of Kingston Upon Hull HU2 9PF	£1,854	48	2	Terraced House
£78K	05/23	0.5 mi	69, Hardy Street, Hull, City Of Kingston Upon Hull HU5 2PJ	-	-	2	Terraced House
£87.5K	05/21	0.5 mi	62, Hardy Street, Hull, City Of Kingston Upon Hull HU5 2PJ	£1,067	82	2	Terraced House
£90K	10/21	0.51 mi	17, Edgecumbe Street, Hull, City Of Kingston Upon Hull HU5 2EU	£1,286	70	2	Terraced House
£58.8K	05/21	0.51 mi	24, Lichfield Close, Hull, City Of Kingston Upon Hull HU2 9PE	£933	63	2	Terraced House
£65K	08/22	0.51 mi	24, Lichfield Close, Hull, City Of Kingston Upon Hull HU2 9PE	£1,032	63	2	Terraced House
£86K	09/22	0.51 mi	5, Sophia Close, Hull, City Of Kingston Upon Hull HU2 9PG	£1,779	48	2	Semi-Detached House
£60K	10/21	0.53 mi	25, Marshall Street, Hull, City Of Kingston Upon Hull HU5 3DA	£896	67	2	Terraced House
£110K	11/21	0.53 mi	59, Goddard Avenue, Hull, City Of Kingston Upon Hull HU5 2AN	£1,146	96	2	Terraced House
£100K	02/23	0.53 mi	27, Reynoldson Street, Hull, City Of Kingston Upon Hull HU5 3BH	£1,156	87	2	Terraced House
£83.5K	01/21	0.54 mi	53, Reynoldson Street, Hull, City Of Kingston Upon Hull HU5 3BH	£994	84	2	Terraced House
£85K	01/22	0.55 mi	196, Waterloo Street, Hull, City Of Kingston Upon Hull HU2 9LP	£1,103	77	2	Terraced House
£92.5K	01/21	0.55 mi	78, Sharp Street, Hull, City Of Kingston Upon Hull HU5 2AB	£1,039	89	2	Terraced House
£75K	05/23	0.57 mi	17, Exmouth Street, Hull, City Of Kingston Upon Hull HU5 2HX	£1,284	58	2	Terraced House
£80K	12/21	0.57 mi	5, Torrington Street, Hull, City Of Kingston Upon Hull HU5 2EW	-	-	2	Terraced House
£72K	12/21	0.6 mi	145, St Pauls Street, Hull, City Of Kingston Upon Hull HU2 0DH	-	-	2	Terraced House
£107.5K	05/23	0.6 mi	34, Haworth Street, Hull, City Of Kingston Upon Hull HU6 7RQ	£1,400	77	2	Terraced House
£77K	09/21	0.6 mi	38, Manvers Street, Hull, City Of Kingston Upon Hull HU5 2HW	-	-	2	Terraced House
£90K	12/20	0.61 mi	45, Raglan Street, Hull, City Of Kingston Upon Hull HU5 2JA	£1,268	71	2	Terraced House
£158K	06/21	0.67 mi	131, Ella Street, Hull, City Of Kingston Upon Hull HU5 3AJ	-	-	2	Terraced House
£142K	07/21	0.67 mi	129, Ella Street, Hull, City Of Kingston Upon Hull HU5 3AJ	-	-	2	Terraced House
£105K	03/23	0.71 mi	112, Reynoldson Street, Hull, City Of Kingston Upon Hull HU5 3BS	£1,856	57	2	Terraced House
£135.5K	12/21	0.79 mi	99, Blenheim Street, Hull, City Of Kingston Upon Hull HU5 3PR	£1,673	81	2	Terraced House
£80K	12/20	0.79 mi	117, Blenheim Street, Hull, City Of Kingston Upon Hull HU5 3PR	£889	90	2	Terraced House
£113.2K	05/23	0.79 mi	117, Blenheim Street, Hull, City Of Kingston Upon Hull HU5 3PR	£1,258	90	2	Terraced House
£100K	12/20	0.81 mi	9, Belvoir Street, Hull, City Of Kingston Upon Hull HU5 3LP	£1,205	83	2	Terraced House
£122.5K	05/21	0.81 mi	75, Belvoir Street, Hull, City Of Kingston Upon Hull HU5 3LP	£1,441	85	2	Terraced House
£110K	01/23	0.82 mi	39, Bridlington Avenue, Hull, City Of Kingston Upon Hull HU2 0DU	-	-	2	Terraced House
£150K	11/22	0.82 mi	42, Kirkham Drive, Hull, City Of Kingston Upon Hull HU5 2BT	£2,000	75	2	Semi-Detached House
£67K	08/23	0.84 mi	4, Kirkstead Street, Hull, City Of Kingston Upon Hull HU8 8DR	£985	68	2	Terraced House
£133K	06/23	0.84 mi	77, Clumber Street, Hull, City Of Kingston Upon Hull HU5 3RH	-	-	2	Terraced House
£215K	07/23	0.85 mi	74, Inglemire Lane, Hull, City Of Kingston Upon Hull HU6 7TA	-	-	2	Semi-Detached House
£90K	04/23	0.87 mi	64, Welbeck Street, Hull, City Of Kingston Upon Hull HU5 3SQ	£1,341	67	2	Terraced House
£112.5K	03/21	0.87 mi	54, Welbeck Street, Hull, City Of Kingston Upon Hull HU5 3SQ	£1,520	74	2	Terraced House
£65K	08/21	0.87 mi	7, Kathleen Road, Hull, City Of Kingston Upon Hull HU8 8EB	-	-	2	Semi-Detached House

Local Rents

51 rents from £85/mo to £1.6K/mo, average is £625/mo.

Rent	Date	Distance	Address	Beds	Type
£550	05/24	0.05 mi	3 Folkstone Avenue, Hull, HU5 1BU	2	Terraced House
£550	05/24	0.05 mi	3 Folkstone Avenue, Hull, HU5 1BU	2	Terraced House
£575	03/24	0.08 mi	-	2	Terraced House
£583	01/25	0.08 mi	-	2	Terraced House
£600	05/24	0.11 mi	-	2	Flat
£650	01/25	0.11 mi	-	2	Flat
£700	03/25	0.11 mi	-	2	Flat
£595	04/24	0.18 mi	Cranbourne Avenue, Fenchurch Street, Hull, East Riding Of Yorkshire, HU5	2	Terraced House
£412	12/23	0.18 mi	De Grey Street, Hull	2	Flat
£412	12/23	0.18 mi	De Grey Street, Hull	2	Flat
£525	05/24	0.2 mi	-	2	Flat
£595	05/24	0.2 mi	Farringdon Street, HULL, HU5 1JA	2	Terraced House
£524	10/23	0.2 mi	Sculcoates Lane, , Hull	2	House
£650	05/24	0.2 mi	Farringdon Street, Hull, East Riding Of Yorkshire, HU5	2	Terraced House
£650	04/24	0.22 mi	Farringdon Street, Hull	2	Terraced House
£845	12/24	0.23 mi	-	2	Semi-Detached House
£600	03/25	0.23 mi	-	2	Terraced House
£650	04/24	0.24 mi	Flat C 2 Pearson Park, Hull, HU5 2SY	2	Flat
£85	12/23	0.25 mi	Grafton Street, Hull	2	Flat
£695	12/24	0.26 mi	-	2	Terraced House
£600	04/24	0.26 mi	Flat 3, 6 Pearson Park, Beverley Road	2	Flat
£520	05/24	0.26 mi	Pearson Park, Hull, East Riding Of Yorkshire, HU5	2	Flat
£750	12/24	0.28 mi	-	2	Terraced House
£685	04/24	0.3 mi	-	2	Terraced House
£625	04/24	0.31 mi	Needlers Way, Hull, East Riding of Yorkshire, HU5	2	Semi-Detached House
£600	05/24	0.32 mi	Temple Street, Sculcoates, Hull, HU5 1AD	2	Flat
£675	04/24	0.32 mi	-	2	Terraced House
£625	04/24	0.32 mi	St Vincents Court, 36 Queens Road, Hull, East Riding of Yorkshi, HU5	2	Flat
£725	01/24	0.32 mi	Flat 4,BeechwoodPearson Park,Hull,HU5	2	Flat
£725	01/24	0.32 mi	Flat 1, Beechwood, 49 Pearson Park,Hull,HU5	2	Flat
£760	04/24	0.32 mi	43 Pearson Park, Flat 2 Studley House, Hull, East Riding Of Yorkshire, HU5	2	Flat
£550	12/24	0.32 mi	-	2	Terraced House
£550	04/24	0.34 mi	-	2	Terraced House
£550	04/24	0.34 mi	-	2	Terraced House
£550	04/24	0.34 mi	-	2	Terraced House
£368	05/24	0.35 mi	Grafton Street, Hull	2	Flat
£950	12/24	0.35 mi	-	2	Flat
£795	04/24	0.35 mi	Pearson Park, HULL	2	Flat
£1,590	02/25	0.36 mi	-	2	Terraced House
£795	06/24	0.37 mi	-	2	Flat
£795	04/24	0.37 mi	Kingston Villas, Hull, HU5	2	Flat
£625	12/24	0.37 mi	-	2	Terraced House
£625	12/24	0.39 mi	-	2	Terraced House
£500	04/24	0.4 mi	-	2	Flat
£475	04/24	0.4 mi	-	2	Flat
£650	12/24	0.45 mi	-	2	Terraced House
£800	01/25	0.46 mi	-	2	Flat
£745	05/24	0.49 mi	Victoria Avenue, Princes Avenue, Sculcoates, Hull, HU5 3DR	2	Flat
£525	04/24	0.49 mi	Park Road, Hull, HU3	2	Flat
£525	05/24	0.49 mi	Park Road, Hull, HU3	2	Flat
£850	05/24	0.5 mi	-	2	Flat

Local Area Statistics

Population in HU5	51,12051,120
Population in Hull	313,622313,622
Town centre distance	0.45 miles away0.45 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	1.29 miles away1.29 miles away

Rental demand	Tenant's marketTenant's market
Rental growth (12m)	+25%+25%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+24%+24%

Property History

Price changed to £99,950

March 16, 2025

Price changed to £109,995

January 7, 2025

Price changed to £115,000

October 31, 2024

Listed for £120,000

September 30, 2024

Description

No Chain! +
Ideal investment! +
Popular residential area! +
Arrange your viewing today! +
Double Story Extension To Rear! +

Brought to the market with NO CHAIN involved! This extended two bedroom mid terraced property is an ideal investment opportunity with a rental potential of £695pcm! Situated in this popular residential area close by to local amenities and bus routes! Installed with gas central heating and double glazing. Accommodation briefly comprises: Entrance hallway, lounge, dining room and kitchen to the ground floor. The first floor comprises: landing, two bedrooms, bathroom and a separate W/C. To the exterior is a fully enclosed rear yard deigned for ease of maintenance. This property is larger than than most in this area due to the double story extension to the rear! Arrange your viewing today!

Ground floor

Entrance hallway
With entrance door, laminate flooring, stairs off and doors to:

Lounge
With window to the front, laminate flooring and radiator.

Dining room
With laminate flooring, radiator and under stairs cupboard. Open plan to kitchen.

Kitchen
With window to the rear, laminate flooring, radiator, wall mounted boiler, range of wall & base units with complimenting work surface & tiling to splash backs, electric oven, gas hob, stainless steel extractor hood, stainless steel sink unit with chome mixer tap over, plumbing for automatic washing machine and door to rear.

First floor

Landing
With doors to:

Bedroom one
With window to the front, carpet flooring and radiator.

Bedroom two
With window to the rear, carpet flooring, radiator and fitted wardrobe.

Bathroom
With vinyl flooring, radiator, part tiled walls, pedestal hand wash basin and panel enclosed bath with mains shower over.

W/C
With low flush w/c and pedestal hand wash basin.

Exterior
To the rear is a fully enclosed yard designed for ease of maintenance.

Thinking of moving? Contact us on to arrange your free no obligation market appraisal. We are your local, family run Estate Agents offering a personal, bespoke professional service at an unbeatable fee.

Disclaimer
-None of the services, fittings or equipment referred to in these particulars have been tested and we are therefore unable to comment as to their condition or suitability. Any intending purchasers should satisfy themselves through their own enquiries.

-An EPC is held for this property and is available for inspection at the branch should you wish to view. It is also available online through the properties details on our website

-To arrange a viewing for this property please contact Urban Property 6 Holderness Road Hull HU9 3DQ.

-If you require a Mortgage to purchase this or any other property, we offer a free Mortgage Consultation with an independent Mortgage Broker. Please ask for further details.
All mortgages are subject to status and valuation.

YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT.

Agent Details

Urban Property, Hull

01482 251844

Next Steps?

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

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