2 Bed Terraced House, Single Let, Hull, HU8 7HS, £79,995

Egton Street, Hull, HU8 7HS - 3 views - 4 months ago

Sold STC

BTL

ROI: 6%

~68 m²

+5 photos

ValuationUndervalued

Sold Prices	£50K - £175K
Sold Prices/m²	£710/m² - £3.2K/m²

Square Metres	~68.11 m²
Price/m²	£1.2K/m²
Value Estimate	£99,329£99,329
BMV	17%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£19,999£19,999
Stamp Duty & Legal Fees	£3,750£3,750
Total Cash In	£23,749£23,749

Cash Out
Rent Range	£475 - £4,300£475 - £4,300
Rent Estimate	£525
Running Costs/mo	£375£375
Cashflow/mo	£150£150
Cashflow/yr	£1,800£1,800
ROI	8%8%
Gross Yield	8%8%

Local Sold Prices

50 sold prices from £50K to £175K, average is £98K. £710/m² to £3.2K/m², average is £1.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£58.5K	04/21	0.01 mi	5, Egton Street, Hull, City Of Kingston Upon Hull HU8 7HU	£957	61	2	Terraced House
£50K	04/23	0.01 mi	39, Egton Street, Hull, City Of Kingston Upon Hull HU8 7HU	-	-	2	Terraced House
£69.5K	03/23	0.01 mi	78, Egton Street, Hull, City Of Kingston Upon Hull HU8 7HU	£1,139	61	2	Terraced House
£67K	02/23	0.07 mi	92, Egton Street, Hull, City Of Kingston Upon Hull HU8 7HS	-	-	2	Terraced House
£80K	04/23	0.09 mi	6, Whitby Street, Hull, City Of Kingston Upon Hull HU8 7HN	£1,111	72	2	Terraced House
£65K	10/22	0.34 mi	34, New George Street, Hull, City Of Kingston Upon Hull HU2 8AY	£1,121	58	2	Semi-Detached House
£75K	04/21	0.38 mi	48, Field Street, Hull, City Of Kingston Upon Hull HU9 1HS	-	-	2	Semi-Detached House
£60K	12/20	0.43 mi	76, Brazil Street, Hull, City Of Kingston Upon Hull HU9 1JZ	£710	84	2	Semi-Detached House
£127.5K	01/23	0.48 mi	70, Bannister Drive, Hull, City Of Kingston Upon Hull HU9 1EJ	£2,261	56	2	Semi-Detached House
£123K	11/21	0.49 mi	8, Bannister Drive, Hull, City Of Kingston Upon Hull HU9 1EJ	£2,158	57	2	Semi-Detached House
£120K	12/21	0.49 mi	62, Bannister Drive, Hull, City Of Kingston Upon Hull HU9 1EJ	£2,143	56	2	Semi-Detached House
£100K	02/21	0.49 mi	11, Bannister Drive, Hull, City Of Kingston Upon Hull HU9 1EJ	£1,787	56	2	Semi-Detached House
£50K	09/21	0.52 mi	13, Montrose Street, Hull, City Of Kingston Upon Hull HU8 7RU	£936	53	2	Terraced House
£110K	01/23	0.55 mi	39, Bridlington Avenue, Hull, City Of Kingston Upon Hull HU2 0DU	-	-	2	Terraced House
£110K	03/23	0.58 mi	107, Barnsley Street, Hull, City Of Kingston Upon Hull HU8 7SF	-	-	2	Terraced House
£72.5K	02/21	0.59 mi	127, Barnsley Street, Hull, City Of Kingston Upon Hull HU8 7SA	£1,133	64	2	Terraced House
£136K	02/23	0.6 mi	29, Kent Close, Hull, City Of Kingston Upon Hull HU9 2AU	£2,720	50	2	Semi-Detached House
£105K	01/21	0.62 mi	30, Kent Close, Hull, City Of Kingston Upon Hull HU9 2AU	£1,458	72	2	Semi-Detached House
£77.5K	03/21	0.63 mi	50, Endymion Street, Hull, City Of Kingston Upon Hull HU8 8TY	£790	98	2	Terraced House
£65K	03/23	0.64 mi	177, Buckingham Street, Hull, City Of Kingston Upon Hull HU8 8TL	£1,016	64	2	Terraced House
£77K	12/22	0.65 mi	148, Buckingham Street, Hull, City Of Kingston Upon Hull HU8 8TL	£1,055	73	2	Terraced House
£72K	12/21	0.66 mi	145, St Pauls Street, Hull, City Of Kingston Upon Hull HU2 0DH	-	-	2	Terraced House
£106.5K	02/21	0.66 mi	39, James Reckitt Avenue, Hull, City Of Kingston Upon Hull HU8 7TH	£1,543	69	2	Terraced House
£85K	01/22	0.67 mi	196, Waterloo Street, Hull, City Of Kingston Upon Hull HU2 9LP	£1,103	77	2	Terraced House
£145K	07/21	0.67 mi	32, Bridgegate Drive, Hull, City Of Kingston Upon Hull HU9 1SY	£2,736	53	2	Semi-Detached House
£117K	02/21	0.67 mi	6, Bridgegate Drive, Hull, Humberside HU9 1SY	-	-	2	Semi-Detached House
£175K	07/23	0.67 mi	28, Bridgegate Drive, Hull, City Of Kingston Upon Hull HU9 1SY	£3,212	54	2	Semi-Detached House
£50K	05/21	0.68 mi	13, Berkshire Street, Hull, City Of Kingston Upon Hull HU8 8TJ	£873	57	2	Terraced House
£61K	12/20	0.68 mi	9, Berkshire Street, Hull, Humberside HU8 8TJ	£965	63	2	Terraced House
£96K	02/23	0.69 mi	71, Victor Street, Hull, City Of Kingston Upon Hull HU9 2EX	£1,600	60	2	Terraced House
£167.5K	06/23	0.7 mi	7, Maldon Drive, Hull, City Of Kingston Upon Hull HU9 1QA	£3,045	55	2	Semi-Detached House
£77K	05/21	0.7 mi	124, Severn Street, Hull, City Of Kingston Upon Hull HU8 8TH	£1,167	66	2	Terraced House
£71K	06/21	0.71 mi	64, Severn Street, Hull, City Of Kingston Upon Hull HU8 8TQ	£1,044	68	2	Terraced House
£155K	07/21	0.71 mi	69, Navigation Way, Hull, City Of Kingston Upon Hull HU9 1SW	-	-	2	Semi-Detached House
£152K	04/23	0.71 mi	20, Navigation Way, Hull, City Of Kingston Upon Hull HU9 1SW	-	-	2	Terraced House
£64K	11/20	0.73 mi	44, Holland Street, Hull, City Of Kingston Upon Hull HU9 2JB	£736	87	2	Terraced House
£137.5K	03/21	0.73 mi	10, Pilots Way, Hull, City Of Kingston Upon Hull HU9 1PS	£2,331	59	2	Semi-Detached House
£175K	06/22	0.74 mi	1, Appledore Close, Hull, City Of Kingston Upon Hull HU9 1PZ	-	-	2	Detached House
£145K	01/21	0.74 mi	1, Appledore Close, Hull, City Of Kingston Upon Hull HU9 1PZ	-	-	2	Semi-Detached House
£76K	03/23	0.74 mi	10, Norfolk Street, Hull, City Of Kingston Upon Hull HU2 9AA	-	-	2	Terraced House
£88.5K	06/23	0.75 mi	38, Mersey Street, Hull, City Of Kingston Upon Hull HU8 8SG	-	-	2	Terraced House
£125K	11/20	0.75 mi	35, Ashendon Drive, Hull, City Of Kingston Upon Hull HU8 8DY	£2,155	58	2	Semi-Detached House
£137K	10/21	0.75 mi	28, Idas Close, Hull, City Of Kingston Upon Hull HU9 1TF	£2,446	56	2	Terraced House
£138K	11/21	0.75 mi	24, Idas Close, Hull, City Of Kingston Upon Hull HU9 1TF	£2,488	55	2	Terraced House
£135K	12/20	0.75 mi	29, Idas Close, Hull, City Of Kingston Upon Hull HU9 1TF	£2,368	57	2	Terraced House
£131K	11/20	0.76 mi	19, Bibury Close, Hull, City Of Kingston Upon Hull HU8 8HQ	£1,770	74	2	Semi-Detached House
£85K	12/22	0.77 mi	19, Tattershall Close, Hull, City Of Kingston Upon Hull HU2 0BA	£1,417	60	2	Terraced House
£139K	07/21	0.77 mi	40, Mast Drive, Hull, City Of Kingston Upon Hull HU9 1ST	£2,172	64	2	Semi-Detached House
£67K	08/23	0.77 mi	4, Kirkstead Street, Hull, City Of Kingston Upon Hull HU8 8DR	£985	68	2	Terraced House
£115K	04/21	0.77 mi	32, Charlestown Way, Hull, City Of Kingston Upon Hull HU9 1PJ	£2,054	56	2	Semi-Detached House

Local Rents

51 rents from £475/mo to £4.3K/mo, average is £825/mo.

Rent	Date	Distance	Address	Beds	Type
£550	05/24	0.01 mi	70 Egton Street	2	Terraced House
£550	01/25	0.03 mi	-	2	Terraced House
£625	02/25	0.03 mi	-	2	Terraced House
£475	05/24	0.04 mi	Egton Street, Hull, HU8	2	Terraced House
£600	04/25	0.08 mi	-	2	Terraced House
£525	04/24	0.09 mi	Whitby Street, Hull, HU8	2	Terraced House
£600	10/24	0.09 mi	-	2	Terraced House
£525	05/24	0.09 mi	Ferndale, Redcar St, Hull, HU8	2	Terraced House
£900	03/25	0.1 mi	-	2	Terraced House
£900	05/24	0.23 mi	Charterhouse School, Hull, HU2	2	Flat
£900	06/24	0.23 mi	-	2	Flat
£795	12/24	0.24 mi	-	2	Flat
£725	03/25	0.24 mi	-	2	Flat
£650	04/24	0.24 mi	24, Tradewinds, Old Harbour Court	2	Flat
£750	12/24	0.25 mi	-	2	Flat
£900	01/24	0.33 mi	-	2	Flat
£825	05/24	0.33 mi	-	2	Flat
£700	01/25	0.33 mi	-	2	Flat
£775	01/25	0.33 mi	-	2	Flat
£600	04/24	0.38 mi	26 Field Street	2	Terraced House
£600	04/24	0.39 mi	-	2	Terraced House
£600	04/24	0.39 mi	8 Ormington Villas	2	Terraced House
£1,400	02/25	0.4 mi	-	2	Flat
£1,350	02/25	0.4 mi	-	2	Flat
£1,700	02/25	0.4 mi	-	2	Flat
£1,450	04/24	0.4 mi	The Glass House, Queens Gardens	2	Flat
£2,250	05/24	0.4 mi	Penthouse The Glass House, Queens Gardens	2	Detached House
£550	05/24	0.43 mi	Henley Avenue, Brazil Street, Hull, East Riding Of Yorkshire, HU9	2	Terraced House
£550	05/24	0.43 mi	5 Henley Avenue, HU9 1JU	2	Terraced House
£525	05/24	0.44 mi	-	2	Terraced House
£525	05/24	0.44 mi	Henley Avenue, Hull, HU9	2	Terraced House
£600	06/24	0.44 mi	Abbey Street, HULL	2	Terraced House
£595	05/24	0.45 mi	Brentwood Avenue, Brazil St, Hull, HU9	2	Terraced House
£550	05/24	0.46 mi	Dansom Lane North, HULL	2	Terraced House
£595	05/24	0.46 mi	Damson Lane North, Garden Village, Hull, HU8 7RR	2	Terraced House
£3,400	04/24	0.46 mi	-	2	Flat
£3,400	06/24	0.46 mi	-	2	Flat
£4,300	06/24	0.46 mi	-	2	Flat
£4,300	06/24	0.46 mi	-	2	Flat
£1,700	02/25	0.46 mi	-	2	Flat
£1,650	01/25	0.46 mi	-	2	Flat
£1,500	01/25	0.46 mi	-	2	Flat
£1,450	01/25	0.46 mi	-	2	Flat
£1,250	02/25	0.46 mi	-	2	Flat
£1,700	03/25	0.46 mi	-	2	Flat
£1,250	04/25	0.46 mi	-	2	Flat
£1,100	07/24	0.48 mi	Cooper House, Silvester Street, Hull	2	Flat
£1,950	06/24	0.48 mi	-	2	Flat
£1,950	06/24	0.49 mi	-	2	Flat
£1,950	07/24	0.5 mi	-	2	Flat
£1,950	02/25	0.5 mi	-	2	Flat

Local Area Statistics

Population in HU8	34,17534,175
Population in Hull	313,622313,622
Town centre distance	1.56 miles away1.56 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.91 miles away0.91 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-4%-4%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+16%+16%

Property History

Price changed to £79,995

January 15, 2025

Listed for £85,000

December 20, 2024

Floor Plans

Description

BTL Investors Only +
Sold with tenants in situ paying £750pcm +
Excellent ROI of 14.5% +
No onward chain +
Property Recently Refurbished +
EPC Rating C +
Close to shops and local amenties +
Buyer's Premium Applies* +

*INVESTORS ONLY - SOLD WITH TENANTS IN SITU*

BRH are excited to present this recently refurbished 2-bedroom mid-terrace property, perfect for BTL Investors looking for immediate rental returns with stable tenants already in situ. With a competitive asking price of just £85,000, this property offers an excellent opportunity for those looking for a turn key investment opportunity to build their investment portfolio.

Key Features:

2 Bedrooms: Well-proportioned rooms, ideal for a small family, a couple, or sharers.
Fully Refurbished: The property has been completely renovated throughout, offering a modern and stylish finish.

Turn key investment opportunity: With a passing rental income of £750pcm, this property offers an exceptional ROI of 14.5%, making it an ideal choice for those looking to enter the buy-to-let market.

EPC Rating C: The property benefits from excellent energy efficiency future-proofing the property against anticipated changes in government legislation.

No Chain: The property is offered with no chain allowing for a swift and hassle-free purchase.

Popular Residential Area: Situated in a sought-after part of Hull, the property is within easy reach of the city centre and all local amenities, including shops, schools, parks, and transport links.

This property is an excellent investment opportunity for those looking to make a move in Hull's thriving property market.

Viewing is highly recommended – contact BRH to arrange your viewing today!

*A buyer's premium of 1% + VAT, (subject to a minimum of £2995 + VAT) of the agreed sale fee applies to this property. 25% of the total fee (a minimum of £995 + VAT) must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see the 'Buyer's Premium' page on our website for more information.

Agent Details

BRH, Doncaster

01302 490712

Next Steps?

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

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