3 Bed Terraced House, Single Let, Hull, HU6 9EB, £75,000

Kerdane, , Hull, East Riding of Yorkshire, HU6 9EB - 15 views - 4 months ago

Sold STC
BTL
ROI: 15%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£54.5K - £186K
Sold Prices/m²£647/m² - £2.1K/m²

 

 

Square Metres

~93 m²
Price/m²£806/m²

Value Estimate

£97,600
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£3,600

Total Cash In

£22,350

 

 

Cash Out

 

Rent Range

£695 - £1,125

Rent Estimate

£700

Running Costs/mo

£394

Cashflow/mo

£306

Cashflow/yr

£3,668

ROI

16%

Gross Yield

11%

Local Sold Prices

50 sold prices from £54.5K to £186K, average is £90K. £647/m² to £2.1K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£91K07/230.08 mi49, Dane Park Road, Hull, City Of Kingston Upon Hull HU6 9AF3
£76.5K11/220.08 mi57, Dane Park Road, Hull, City Of Kingston Upon Hull HU6 9AF3
£85K05/210.1 mi34, Dringshaw, Hull, City Of Kingston Upon Hull HU6 9DA3
£110K06/230.1 mi30, Dringshaw, Hull, City Of Kingston Upon Hull HU6 9DA3
£78K03/210.12 mi27, Jipdane, Hull, City Of Kingston Upon Hull HU6 9EE3
£81K10/210.13 mi27, Cladshaw, Hull, City Of Kingston Upon Hull HU6 9DB3
£90K03/210.13 mi14, Blythorpe, Hull, City Of Kingston Upon Hull HU6 9HG3
£94K12/220.15 mi59, Clanthorpe, Hull, City Of Kingston Upon Hull HU6 9HE3
£82.5K01/210.17 mi24, Clanthorpe, Hull, City Of Kingston Upon Hull HU6 9HE3
£95K12/200.17 mi36, Clanthorpe, Hull, City Of Kingston Upon Hull HU6 9HE3
£85K03/230.17 mi75, Hardane, Hull, City Of Kingston Upon Hull HU6 9BG3
£84.5K01/230.2 mi183, Ellerburn Avenue, Hull, City Of Kingston Upon Hull HU6 9RH3
£77K05/230.21 mi20, Ainshaw, Hull, City Of Kingston Upon Hull HU6 9DG3
£80K12/220.24 mi2, Palmcourt, Hull, City Of Kingston Upon Hull HU6 9TH3
£75K01/210.24 mi18, Palmcourt, Hull, City Of Kingston Upon Hull HU6 9TH3
£75K01/230.28 mi26, Ribycourt, Hull, City Of Kingston Upon Hull HU6 9TN3
£109K10/210.32 mi13, 24th Avenue, Hull, City Of Kingston Upon Hull HU6 9LT3
£120K10/200.34 mi183, Orchard Park Road, Hull, City Of Kingston Upon Hull HU6 9BU3
£65K07/230.35 mi32, Dibsdane, Hull, City Of Kingston Upon Hull HU6 9AL3
£83K07/210.36 mi37, Homethorpe, Hull, City Of Kingston Upon Hull HU6 9ET3
£70K10/200.38 mi17, Bondane, Hull, City Of Kingston Upon Hull HU6 9AQ3
£70K01/210.38 mi15, Bondane, Hull, City Of Kingston Upon Hull HU6 9AQ3
£90K01/210.39 mi72, 22nd Avenue, Hull, City Of Kingston Upon Hull HU6 9LS3
£80K07/230.39 mi39, Mulcourt, Hull, City Of Kingston Upon Hull HU6 9TD3
£66K08/210.4 mi18, Axdane, Hull, City Of Kingston Upon Hull HU6 9AB3
£54.5K02/210.44 mi40, Lingcourt, Hull, City Of Kingston Upon Hull HU6 9TB3
£105K09/210.44 mi93, 8th Avenue, Hull, City Of Kingston Upon Hull HU6 9BT3
£80.5K03/230.47 mi2, Kinthorpe, Hull, City Of Kingston Upon Hull HU6 9EJ3
£90K01/230.49 mi10, Laxthorpe, Hull, City Of Kingston Upon Hull HU6 9EG3
£107.5K03/210.5 mi300, Greenwood Avenue, Hull, City Of Kingston Upon Hull HU6 9QE3
£123K11/210.53 mi528, Hall Road, Hull, City Of Kingston Upon Hull HU6 9BS3
£87.5K01/210.55 mi50, 31st Avenue, Hull, City Of Kingston Upon Hull HU6 8BT3
£73.5K05/210.56 mi32, Faircourt, Hull, City Of Kingston Upon Hull HU6 8BG3
£143.5K10/200.57 mi8, Coronet Close, Hull, City Of Kingston Upon Hull HU6 9UD3
£120K01/230.58 mi99, 5th Avenue, Hull, City Of Kingston Upon Hull HU6 8BS3
£125K11/200.61 mi5, Argent Close, Hull, City Of Kingston Upon Hull HU6 9UA3
£127K09/220.63 mi75, The Queensway, Hull, City Of Kingston Upon Hull HU6 9BH3
£150K03/210.63 mi128, Downfield Avenue, Hull, City Of Kingston Upon Hull HU6 7XF3
£186K11/220.63 mi35, The Queensway, Hull, City Of Kingston Upon Hull HU6 9BH3
£85K08/210.64 mi33, 6th Avenue, Hull, City Of Kingston Upon Hull HU6 9PW3
£75K07/230.64 mi2, Chadcourt, Hull, City Of Kingston Upon Hull HU6 8BA3
£95K02/210.66 mi5, 27th Avenue, Hull, City Of Kingston Upon Hull HU6 8EP3
£101.5K05/210.66 mi192, Hall Road, Hull, City Of Kingston Upon Hull HU6 8AT3
£105K12/200.68 mi251, Hall Road, Hull, City Of Kingston Upon Hull HU6 8AX3
£90K08/230.69 mi38, Blaycourt, Hull, City Of Kingston Upon Hull HU6 8AZ3
£90K12/220.69 mi33, Blaycourt, Hull, City Of Kingston Upon Hull HU6 8AZ3
£115K12/220.69 mi37, 29th Avenue, Hull, City Of Kingston Upon Hull HU6 8DQ3
£170K10/200.71 mi2, Birnam Court, Hull, City Of Kingston Upon Hull HU6 7WA3
£111K06/230.73 mi80, 21st Avenue, Hull, City Of Kingston Upon Hull HU6 8DL3
£138K06/230.79 mi551, Endike Lane, Hull, City Of Kingston Upon Hull HU6 8TH3

Local Rents

18 rents from £695/mo to £1.1K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£85003/250.1 mi-3
£80005/240.16 mi-3
£80002/250.16 mi-3
£72505/240.17 miClanthorpe, Hull3
£1,12005/240.19 miDane Park, Hull. HU63
£1,12504/240.19 miDane Park, Hull, HU63
£1,05004/240.19 miDane Park, Hull, HU63
£1,09004/240.19 miDane Park, Hull, HU63
£85004/240.19 miSir Leo Schultz Road, Hull3
£1,12506/240.19 miDane Park, Hull, HU63
£1,00004/240.29 mi-3
£90004/240.29 mi-3
£70004/240.29 mi-3
£70012/240.29 mi-3
£75001/250.37 mi-3
£69505/240.52 mi61 Tudor Drive3
£72505/240.53 mi-3
£80004/240.58 mi5th Avenue, HULL3

Local Area Statistics

Population in HU6

33,515

Population in Hull

313,622

Town centre distance

2.08 miles away

Nearest school

0.40 miles away

Nearest train station

1.10 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Seller's market

Capital growth (5yrs)

+30%

Property History

Price changed to £75,000

December 20, 2024

Listed for £80,000

November 29, 2024

Description

Two-bed, mid-terrace property located on Kerdane, HU6. The ground floor consists of an entrance hall, living/dining room and kitchen whilst the first floor comprises three double bedrooms and bathroom. There are also low-maintenance front and rear gardens.

The property is currently being run as an AirBnB but will be sold with vacant possession.

EPC rating: C (potential B)
Council Tax Band: A

The property overall is in very good condition with no works required.

Rental Information
Market rent: £700 pcm

Current yield is 10.5% based on market rent and purchasing for the guide price.

Council Tax Band: A
Tenure: Freehold

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

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