2 Bed Terraced House, Single Let, Hull, HU5 3PD, £70,000

Fern Grove, Perth Street, Hull, East Riding of Yorkshire, HU5 3PD - 4 months ago

Sold STC
BTL
ROI: 11%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£52K - £220K
Sold Prices/m²£765/m² - £2.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1K/m²

Value Estimate

£86,100
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£3,300

Total Cash In

£20,800

 

 

Cash Out

 

Rent Range

£525 - £950

Rent Estimate

£547

Running Costs/mo

£348

Cashflow/mo

£199

Cashflow/yr

£2,386

ROI

11%

Gross Yield

9%

Local Sold Prices

50 sold prices from £52K to £220K, average is £93.3K. £765/m² to £2.4K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£90K05/230.03 mi11, Renfrew Street, Hull, City Of Kingston Upon Hull HU5 3NP2
£82.5K09/210.03 mi4, Roxburgh Street, Hull, City Of Kingston Upon Hull HU5 3NR2
£125K10/210.05 mi55, Hardwick Street, Hull, City Of Kingston Upon Hull HU5 3PJ2
£100K08/210.07 mi46, Wharncliffe Street, Hull, City Of Kingston Upon Hull HU5 3LY2
£83K07/210.07 mi36, Wharncliffe Street, Hull, City Of Kingston Upon Hull HU5 3LY2
£74K05/210.08 mi15, Wharncliffe Street, Hull, City Of Kingston Upon Hull HU5 3LX2
£78.8K11/210.09 mi11, Selkirk Street, Hull, City Of Kingston Upon Hull HU5 3NS2
£100K02/230.1 mi83, Wharncliffe Street, Hull, City Of Kingston Upon Hull HU5 3LZ2
£80K03/210.12 mi186, Belvoir Street, Hull, City Of Kingston Upon Hull HU5 3LT2
£101K10/210.12 mi139, Newstead Street, Hull, Humberside HU5 3NF2
£94K01/210.13 mi126, Wharncliffe Street, Hull, City Of Kingston Upon Hull HU5 3NA2
£100K03/210.13 mi132, Clumber Street, Hull, City Of Kingston Upon Hull HU5 3RN2
£100K05/230.13 mi114, Clumber Street, Hull, City Of Kingston Upon Hull HU5 3RN2
£91.5K06/210.14 mi105, Clumber Street, Hull, City Of Kingston Upon Hull HU5 3RJ2
£105K02/230.17 mi127, Thoresby Street, Hull, City Of Kingston Upon Hull HU5 3RB2
£87.5K03/210.17 mi113, Thoresby Street, Hull, City Of Kingston Upon Hull HU5 3RB2
£115K01/230.21 mi89, Welbeck Street, Hull, City Of Kingston Upon Hull HU5 3SB2
£81K03/230.22 mi7, Hildas Avenue, Hull, City Of Kingston Upon Hull HU5 3UJ2
£110K01/230.25 mi113, Perth Street West, Hull, City Of Kingston Upon Hull HU5 3UN2
£82K05/210.26 mi141, Perth Street West, Hull, City Of Kingston Upon Hull HU5 3UN2
£90K01/230.26 mi5, Warneford Gardens, Hull, City Of Kingston Upon Hull HU5 3SX2
£98K12/200.26 mi23, Warneford Gardens, Hull, City Of Kingston Upon Hull HU5 3SX2
£133K06/230.28 mi77, Clumber Street, Hull, City Of Kingston Upon Hull HU5 3RH2
£100K12/200.28 mi9, Belvoir Street, Hull, City Of Kingston Upon Hull HU5 3LP2
£122.5K05/210.28 mi75, Belvoir Street, Hull, City Of Kingston Upon Hull HU5 3LP2
£90K04/230.29 mi64, Welbeck Street, Hull, City Of Kingston Upon Hull HU5 3SQ2
£112.5K03/210.29 mi54, Welbeck Street, Hull, City Of Kingston Upon Hull HU5 3SQ2
£135.5K12/210.29 mi99, Blenheim Street, Hull, City Of Kingston Upon Hull HU5 3PR2
£80K12/200.29 mi117, Blenheim Street, Hull, City Of Kingston Upon Hull HU5 3PR2
£113.2K05/230.29 mi117, Blenheim Street, Hull, City Of Kingston Upon Hull HU5 3PR2
£115K09/210.32 mi36, Dundee Street, Hull, City Of Kingston Upon Hull HU5 3TY2
£158K06/210.51 mi131, Ella Street, Hull, City Of Kingston Upon Hull HU5 3AJ2
£142K07/210.51 mi129, Ella Street, Hull, City Of Kingston Upon Hull HU5 3AJ2
£68K01/210.55 mi246, De La Pole Avenue, Hull, Humberside HU3 6RJ2
£92.5K05/230.56 mi209, National Avenue, Hull, City Of Kingston Upon Hull HU5 4JB2
£132K03/230.56 mi257, National Avenue, Hull, City Of Kingston Upon Hull HU5 4JB2
£87K08/210.56 mi219, National Avenue, Hull, City Of Kingston Upon Hull HU5 4JB2
£52K04/210.56 mi21, Chatham Street, Hull, City Of Kingston Upon Hull HU3 6PP2
£52K04/210.56 mi21, Chatham Street, Hull, City Of Kingston Upon Hull HU3 6PP2
£70K08/210.58 mi201, De La Pole Avenue, Hull, City Of Kingston Upon Hull HU3 6RF2
£80K03/210.58 mi207, De La Pole Avenue, Hull, City Of Kingston Upon Hull HU3 6RF2
£66K04/210.58 mi13, Pitt Street, Hull, City Of Kingston Upon Hull HU3 6PN2
£105K03/230.58 mi112, Reynoldson Street, Hull, City Of Kingston Upon Hull HU5 3BS2
£65K01/210.61 mi155, De La Pole Avenue, Hull, Humberside HU3 6RE2
£220K07/210.62 mi48, Bricknell Avenue, Hull, City Of Kingston Upon Hull HU5 4JS2
£110K01/230.63 mi22, Woodgate Road, Hull, City Of Kingston Upon Hull HU5 5AH2
£83.5K01/210.63 mi53, Reynoldson Street, Hull, City Of Kingston Upon Hull HU5 3BH2
£100K02/230.64 mi27, Reynoldson Street, Hull, City Of Kingston Upon Hull HU5 3BH2
£73K08/210.64 mi163, National Avenue, Hull, City Of Kingston Upon Hull HU5 4JA2
£60K10/210.67 mi25, Marshall Street, Hull, City Of Kingston Upon Hull HU5 3DA2

Local Rents

51 rents from £525/mo to £950/mo, average is £660/mo.

RentDateDistanceAddressBeds 
£65004/240.04 miPerth Street, HULL, HU5 3NL2
£62504/240.05 mi-2
£65004/240.07 miSelkirk Street, Hull2
£55005/240.09 miWharncliffe Street, Hull2
£65004/240.11 mi-2
£62503/240.12 mi-2
£75002/250.12 mi-2
£67503/250.12 mi-2
£75004/240.12 mi-2
£77504/240.13 mi-2
£75012/240.14 mi-2
£65005/240.15 miBelvoir Street, Princes Avenue, HU52
£75004/250.15 mi-2
£62504/240.16 miPerth Street, HULL, HU5 3NZ2
£62505/240.16 miPerth Street, HULL, HU5 3NZ2
£75005/240.16 miBelvoir Street, Hull2
£55005/240.18 mi-2
£55005/240.18 miPerth Street West, Hull, HU52
£65004/240.2 mi-2
£65011/240.2 mi-2
£60005/240.21 miClumber Street, Hull, East Riding of Yorkshire, HU52
£95012/240.21 mi-2
£65004/250.22 mi-2
£67504/240.22 miBlenheim Street, Hull2
£62504/240.22 mi-2
£65004/240.26 mi35 Blenheim Street2
£65001/250.27 mi-2
£60004/240.29 miPerth Street West, HU52
£66012/240.29 mi-2
£62502/250.29 mi-2
£89504/240.3 mi-2
£89504/240.3 miClumber Street, Hull, HU52
£70005/240.31 miPrinces Avenue, HULL2
£85006/240.32 mi-2
£85006/240.32 mi-2
£95004/240.32 miThoresby Street, Hull, HU52
£95005/240.32 miThoresby Street, Hull, HU52
£72505/240.34 miWestbourne Avenue West, Hull, HU5 3JE2
£60012/240.34 mi-2
£52505/240.39 miSpring Bank West, Hull, HU3 6LB2
£65012/240.43 mi-2
£68504/250.44 mi-2
£77502/250.45 mi-2
£57505/240.45 miSanderson Close, Ella Street, Hull2
£69512/240.48 mi-2
£55012/240.48 mi-2
£79504/250.48 mi-2
£89004/250.49 mi-2
£70012/240.5 mi-2
£72505/240.53 miAlbert Square, Ella Street, Hull2
£87506/240.53 mi-2

Local Area Statistics

Population in HU5

51,120

Population in Hull

313,622

Town centre distance

0.75 miles away

Nearest school

0.10 miles away

Nearest train station

1.20 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+24%

Property History

Listed for £70,000

December 23, 2024

Floor Plans

Description

  • NO FORWARD CHAIN +
  • Ideal for first time buyers +
  • Two double bedrooms +
  • Popular location +
  • On street parking +
  • Freehold +
  • Council tax band - A +
  • EPC - D +

Here at Linley and simpson we are delighted to offer for sale this lovely two bedroom terraced property with NO FORWARD CHAIN, making it an ideal property for first time buyers or investors!

Fern grove is an ideal location, situated off the popular Chanterlands Avenue close to local shops, amenities and schools. This property is perfect for those looking to step onto the ladder.

The property briefly comprises; lounge, kitchen, bathroom, two double bedrooms, rear courtyard and front paved garden.

Lounge 12'2" x 12'2" (3.7m x 3.7m)
Composite door to front elevation, UPVC D/G bay window to front elevation, fireplace, storage space, radiator, wooden flooring.

Kitchen 12'2" x 8'9" (3.7m x 2.67m)
UPVC D/G window to rear elevation, range of wall and base units, stainless steel sink with drainer, oven with gas hob, space for washer, under stairs cupboard, radiator, wooden effect flooring.

Bathroom
UPVC D/G window to side elevation, bath with shower over, wash basin, tile effect flooring.

Main Bedroom 12'2" x 11'1" (3.7m x 3.38m)
UPVC D/G window to front elevation, fireplace, radiator, wooden flooring.

Bedroom 2 9'8" x 9'3" (2.95m x 2.82m)
UPVC D/G window to rear elevation, storage cupboard with boiler, radiator, carpeted.

External
Rear courtyard, front paved garden, on street parking.

Material information
Freehold
Council tax band - A
EPC - D
NO FORWARD CHAIN

Agent Details

Linley & Simpson, Hull & Surrounding

01482 251653

Next Steps?

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