3 Bed Terraced House, Refurb/BRRR, Hull, HU9 4BS, £100,000

58 Jervis Road, Hull, HU9 4BS - 8 views - 5 months ago

Sold STC
Refurb/BRRR
ROI: 2%
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£77K - £210K
Sold Prices/m²£770/m² - £2.9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£113,300
BMV3%

 

 

End Value (After Refurb)

£155,000

Uplift in Value

+41%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£4,500

Refurb Costs

£37,200

Bridging Loan Interest

£2,625

Total Cash In

£71,075

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£155,000

Mortgage (After Refinance)

£116,250

Mortgage LTV

75%

Cash Released

£41,250

Cash Left In

£29,825

Equity

£38,750

Rent Range

£595 - £950

Rent Estimate

£773

Running Costs/mo

£659

Cashflow/mo

£114

Cashflow/yr

£1,368

ROI

2%

Gross Yield

9%

Local Sold Prices

50 sold prices from £77K to £210K, average is £133.5K. £770/m² to £2.9K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£148K07/210.06 mi71, Green Island, Bilton, Hull, City Of Kingston Upon Hull HU11 4EP3
£185K06/230.1 mi23, Green Island, Bilton, Hull, City Of Kingston Upon Hull HU11 4EW3
£135K05/210.16 mi11, Moreton Bay, Bilton, Hull, City Of Kingston Upon Hull HU11 4ER3
£167.5K10/200.19 mi43, Ark Royal, Bilton, Hull, City Of Kingston Upon Hull HU11 4BN3
£190.5K01/230.19 mi25, Ark Royal, Bilton, Hull, City Of Kingston Upon Hull HU11 4BN3
£128K02/210.21 mi16, Camperdown, Bilton, Hull, City Of Kingston Upon Hull HU11 4BU3
£100K06/210.22 mi116, Caledon Close, Hull, City Of Kingston Upon Hull HU9 4EQ3
£192K03/230.24 mi48, Broad Oak, Bilton, Hull, City Of Kingston Upon Hull HU11 4BS3
£134K01/210.24 mi42, Broad Oak, Bilton, Hull, City Of Kingston Upon Hull HU11 4BS3
£130K07/210.24 mi129, Caledon Close, Hull, City Of Kingston Upon Hull HU9 4EH3
£165K10/210.25 mi9, Mount Vernon, Bilton, Hull, City Of Kingston Upon Hull HU11 4ET3
£160K01/210.25 mi10, Mount Vernon, Bilton, Hull, City Of Kingston Upon Hull HU11 4ET3
£150K02/210.25 mi41, Mount Vernon, Bilton, Hull, City Of Kingston Upon Hull HU11 4ET3
£168K02/210.27 mi12, Glen Almond, Bilton, Hull, City Of Kingston Upon Hull HU11 4BX3
£175K11/200.27 mi24, Grenville Bay, Bilton, Hull, City Of Kingston Upon Hull HU11 4BZ3
£140K07/210.28 mi135, Ark Royal, Bilton, Hull, City Of Kingston Upon Hull HU11 4BP3
£110.8K12/220.29 mi10, Caledon Close, Hull, City Of Kingston Upon Hull HU9 4EG3
£125K02/230.32 mi16, Howsham Close, Hull, City Of Kingston Upon Hull HU9 4BB3
£95K07/230.32 mi385, Staveley Road, Hull, City Of Kingston Upon Hull HU9 4BX3
£170K07/230.36 mi61, Main Road, Bilton, Hull, City Of Kingston Upon Hull HU11 4AP3
£165K06/210.36 mi63, Main Road, Bilton, Hull, City Of Kingston Upon Hull HU11 4AP3
£192.5K06/210.36 mi49, Main Road, Bilton, Hull, City Of Kingston Upon Hull HU11 4AP3
£177K07/220.36 mi63, Main Road, Bilton, Hull, City Of Kingston Upon Hull HU11 4AP3
£150K06/230.38 mi87, Main Road, Bilton, Hull, City Of Kingston Upon Hull HU11 4AQ3
£102K10/210.38 mi117, Greenwich Avenue, Hull, City Of Kingston Upon Hull HU9 4XA3
£80K05/230.44 mi77, Medina Road, Hull, City Of Kingston Upon Hull HU8 9RA3
£170K05/210.44 mi46, Belvedere Drive, Bilton, Hull, City Of Kingston Upon Hull HU11 4AY3
£175K03/210.44 mi49, Ridgestone Avenue, Bilton, Hull, City Of Kingston Upon Hull HU11 4AH3
£130K10/200.46 mi52, Ridgestone Avenue, Bilton, Hull, City Of Kingston Upon Hull HU11 4AJ3
£133K05/210.46 mi82, Ridgestone Avenue, Bilton, Hull, City Of Kingston Upon Hull HU11 4AJ3
£165K12/210.46 mi76, Ridgestone Avenue, Bilton, Hull, City Of Kingston Upon Hull HU11 4AJ3
£110K10/210.47 mi179, Main Road, Bilton, Hull, East Riding Of Yorkshire HU11 4AA3
£175K06/230.49 mi35, Belvedere Drive, Bilton, Hull, City Of Kingston Upon Hull HU11 4AX3
£133K03/210.49 mi10, Belvedere Drive, Bilton, Hull, City Of Kingston Upon Hull HU11 4AX3
£95K02/230.49 mi244, Amethyst Road, Hull, City Of Kingston Upon Hull HU9 4DJ3
£102.5K05/210.54 mi336, Shannon Road, Hull, City Of Kingston Upon Hull HU8 9RZ3
£77K01/210.54 mi56, Douglas Road, Hull, City Of Kingston Upon Hull HU8 9RP3
£100K02/230.55 mi175, Amethyst Road, Hull, City Of Kingston Upon Hull HU9 4DL3
£120K02/210.55 mi29, Shannon Road, Hull, City Of Kingston Upon Hull HU8 9PP3
£95.1K07/210.56 mi188, Parthian Road, Hull, City Of Kingston Upon Hull HU9 4SZ3
£120K06/230.56 mi176, Parthian Road, Hull, City Of Kingston Upon Hull HU9 4SZ3
£100K06/210.56 mi163, Parthian Road, Hull, City Of Kingston Upon Hull HU9 4SZ3
£90K05/230.57 mi7, Coldstream Close, Hull, City Of Kingston Upon Hull HU8 9LS3
£145K06/210.57 mi43, St Peters View, Bilton, Hull, East Riding Of Yorkshire HU11 4AE3
£210K10/200.57 mi57, St Peters View, Bilton, Hull, East Riding Of Yorkshire HU11 4AE3
£185K02/230.58 mi23, Lime Tree Lane, Bilton, Hull, East Riding Of Yorkshire HU11 4EA3
£87K11/200.58 mi97, Milne Road, Hull, City Of Kingston Upon Hull HU9 4UL3
£90K08/210.59 mi78, Wansbeck Road, Hull, City Of Kingston Upon Hull HU8 9SS3
£125K06/230.59 mi110, Wansbeck Road, Hull, City Of Kingston Upon Hull HU8 9SS3
£115K02/210.61 mi116, Milne Road, Hull, City Of Kingston Upon Hull HU9 4UN3

Local Rents

32 rents from £595/mo to £950/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£65006/240.42 mi-3
£65006/240.42 mi-3
£67505/240.48 miDouglas Road, Hull, East Yorkshire, HU83
£69512/240.5 mi-3
£89501/250.54 mi-3
£85005/240.65 mi-3
£75005/240.67 miGalfrid Road, Bilton, Hull, HU11 4DH3
£77503/250.69 mi-3
£67505/240.69 miDuddon Grove, Hull, East Yorkshire, HU83
£79512/240.69 miDuddon Grove, HULL3
£62505/240.72 miThaxted Close, Hull, HU83
£70005/240.73 miBrent Avenue, Hull, HU83
£80510/240.74 mi-3
£75004/240.78 miWaveney Road, Hull, HU83
£72501/250.78 mi-3
£95004/240.81 mi-3
£95004/240.81 mi-3
£95005/240.81 mi-3
£95005/240.81 mi-3
£85005/240.89 mi-3
£95004/240.92 mi-3
£95004/240.93 miTanfield Grove, Hull3
£85001/251.01 mi-3
£65001/241.03 mi-3
£89506/241.1 miBellfield Avenue HU8 3
£59504/241.12 miStalybridge Avenue, Hull, HU93
£65004/241.17 miStonebridge Avenue, Greatfield, HU93
£75005/241.19 miEcclesfield Avenue, Hull, East Yorkshire, HU93
£69501/241.19 mi-3
£67505/241.24 mi-3
£67504/241.24 miRetford Grove, Hull, HU93
£67505/241.24 miRetford Grove, Hull, HU93

Local Area Statistics

Population in HU9

40,948

Population in Hull

313,622

Town centre distance

4.29 miles away

Nearest school

0.20 miles away

Nearest train station

4.27 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Price changed to £100,000

January 11, 2025

Listed for £110,000

October 31, 2024

Description

  • No Chain Involved +
  • Large Plot overlooking fields +
  • Conservatory extension +
  • South Facing Garden +
  • Popular residential location +
  • Arrange your viewing today! +

This lovely three bedroom end terraced property is brought to the market with No Chain Involved! Benefiting from being on a large plot, with conservatory extension and large South Facing rear garden over looking The Marvell College Fields. Situated in this popular residential area close by to local amenities and bus routes to the city centre. Installed with gas central heating and double glazing. This property requires some modernisation which would result in a lovely family home. Accommodation briefly comprises; entrance hall, lounge, conservatory, kitchen, dining room and a lean to storage room the ground floor. The first floor comprises; landing, three bedrooms and a wet room. To the front of the property is a garden designed for ease of maintenance and to the rear is a large south facing garden, fully enclosed with lawn, and overlooking Marvell College Fields.

This lovely three bedroom end terraced property is brought to the market with No Chain Involved! Benefiting from being on a large plot, with conservatory extension and large South Facing rear garden over looking The Marvell College Fields. Situated in this popular residential area close by to local amenities and bus routes to the city centre. Installed with gas central heating and double glazing. This property requires some modernisation which would result in a lovely family home. Accommodation briefly comprises; entrance hall, lounge, conservatory, kitchen, dining room and a lean to storage room the ground floor. The first floor comprises; landing, three bedrooms and a wet room. To the front of the property is a garden designed for ease of maintenance and to the rear is a large south facing garden, fully enclosed with lawn, and overlooking Marvell College Fields.

Arrange your viewing today!

Ground floor

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

Lounge
With window to the front aspect and patio doors to:

Conservatory
Overlooking the rear garden.

Kitchen
With window to the rear aspect, wall and base units with contrasting work surfaces, sink, space for plumbing for automatic washing machine, integrated electric oven, gas hob and extractor over.

Dining Room
With window to the front aspect.

Lean to storage room with entrance door.

First floor

Landing
With window to rear aspect and doors leading to :

Bedroom one 12'1" x 10'3"
With window to the front aspect.

Bedroom two 10'7" x 9'6"
With window to the front aspect.

Bedroom three 8'1" x 7'6"
With window to the rear aspect.

Wet Room
Two windows to the rear aspect, low flush wc, pedestal wash basin and electric shower.

Exterior
This property is on a large plot, to the front aspect is a garden designed for ease of maintenance and to the rear is a large south facing garden, fully enclosed with lawn, and overlooking Marvell College Fields.

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 0 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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