4 Bed HMO, Hull, HU5 1NB, £127,500

15 Brooklyn Street, Hull, HU5 1NB - 19 views - 3 months ago

Sold STC
HMO
ROI: 17%
109 m²
+5 photos

ValuationUndervalued

Sold Prices£81K - £595K
Sold Prices/m²£853/m² - £3.1K/m²

 

 

Square Metres

109 m²
Price/m²£1.2K/m²

Value Estimate

£153,552
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,875

Stamp Duty & Legal Fees

£5,025

Total Cash In

£36,900

 

 

Cash Out

 

Room Rate

£428

Gross Rent

£1,712

Running Costs/mo

£1,175

Cashflow/mo

£537

Cashflow/yr

£6,445

ROI

17%

Gross Yield

16%

Local Sold Prices

43 sold prices from £81K to £595K, average is £205K. £853/m² to £3.1K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£83.5K12/200.14 mi89, Worthing Street, Hull, Humberside HU5 1PP4
£81K10/200.17 mi37, Blaydes Street, Hull, City Of Kingston Upon Hull HU6 7RE4
£135K01/210.2 mi24, Houston Drive, Hull, City Of Kingston Upon Hull HU5 1NJ4
£255K04/230.28 mi4, The Rydales, Hull, City Of Kingston Upon Hull HU5 1QD4
£125K05/230.31 mi101, Grafton Street, Hull, City Of Kingston Upon Hull HU5 2NP4
£128K12/200.32 mi41, Walgrave Street, Hull, City Of Kingston Upon Hull HU5 2LT4
£280K02/230.32 mi42, Philip Larkin Close, Hull, City Of Kingston Upon Hull HU6 7FB4
£250K09/210.32 mi26, Philip Larkin Close, Hull, City Of Kingston Upon Hull HU6 7FB4
£226K09/220.33 mi4, Philip Larkin Close, Hull, City Of Kingston Upon Hull HU6 7FB4
£123K09/210.37 mi51, Ventnor Street, Hull, Humberside HU5 2LR4
£180K04/210.38 mi83, Desmond Avenue, Hull, Humberside HU6 7JX4
£301K09/220.4 mi3, Catherine Mcauley Close, Hull, City Of Kingston Upon Hull HU6 7FD4
£135K10/210.4 mi25, Abbey Way, Hull, City Of Kingston Upon Hull HU5 1DA4
£120K11/220.4 mi1, Abbey Way, Hull, City Of Kingston Upon Hull HU5 1DA4
£135K04/230.4 mi12, Abbey Way, Hull, City Of Kingston Upon Hull HU5 1DA4
£130K06/210.4 mi43, Abbey Way, Hull, City Of Kingston Upon Hull HU5 1DA4
£130K05/210.4 mi5, Abbey Way, Hull, City Of Kingston Upon Hull HU5 1DA4
£127.5K02/230.43 mi45, Abbey Way, Hull, City Of Kingston Upon Hull HU5 1DA4
£315K07/230.44 mi22, St Anthonys Close, Hull, City Of Kingston Upon Hull HU6 7FE4
£318.2K03/230.45 mi42, Inglemire Lane, Hull, City Of Kingston Upon Hull HU6 7TA4
£170K04/210.47 mi646, Beverley Road, Hull, City Of Kingston Upon Hull HU6 7JH4
£177.5K03/210.47 mi1, Etherington Road, Hull, City Of Kingston Upon Hull HU6 7JR4
£126K10/210.54 mi106, Needlers Way, Hull, City Of Kingston Upon Hull HU5 1DD4
£300K12/220.55 mi136, Cottingham Road, Hull, City Of Kingston Upon Hull HU6 7RY4
£435.5K08/220.56 mi19, Newland Park, Hull, City Of Kingston Upon Hull HU5 2DN4
£500K03/230.56 mi41, Newland Park, Hull, City Of Kingston Upon Hull HU5 2DN4
£595K09/220.56 mi15, Newland Park, Hull, City Of Kingston Upon Hull HU5 2DN4
£395.5K02/230.59 mi701, Beverley Road, Hull, City Of Kingston Upon Hull HU6 7JN4
£340K04/230.59 mi722, Beverley Road, Hull, City Of Kingston Upon Hull HU6 7JG4
£400K01/210.71 mi88, Newland Park, Hull, City Of Kingston Upon Hull HU5 2DS4
£430K03/230.71 mi74, Newland Park, Hull, City Of Kingston Upon Hull HU5 2DS4
£225K10/210.72 mi2, The Parade, Hull, City Of Kingston Upon Hull HU5 2UH4
£245K04/230.72 mi16, The Parade, Hull, City Of Kingston Upon Hull HU5 2UH4
£205K04/210.73 mi752, Beverley Road, Hull, City Of Kingston Upon Hull HU6 7EX4
£295K05/230.74 mi49, Allderidge Avenue, Hull, City Of Kingston Upon Hull HU5 4EG4
£255K08/210.75 mi2, Allderidge Avenue, Hull, City Of Kingston Upon Hull HU5 4EQ4
£250K09/210.76 mi83, Salisbury Street, Hull, City Of Kingston Upon Hull HU5 3DU4
£85K07/210.77 mi53, Pendrill Street, Hull, City Of Kingston Upon Hull HU3 1UU4
£85K07/210.77 mi53, Pendrill Street, Hull, City Of Kingston Upon Hull HU3 1UU4
£172K11/200.84 mi187, Goddard Avenue, Hull, City Of Kingston Upon Hull HU5 2BX4
£145K10/200.9 mi25, Strathmore Avenue, Hull, City Of Kingston Upon Hull HU6 7HJ4
£299K12/201 mi223, Cottingham Road, Hull, City Of Kingston Upon Hull HU5 4AU4
£175K10/221 mi7, Burslem Street, Hull, City Of Kingston Upon Hull HU2 9BP4

Local Area Statistics

Population in HU5

51,120

Population in Hull

313,622

Town centre distance

0.42 miles away

Nearest school

0.20 miles away

Nearest train station

1.67 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+24%

Property History

Listed for £127,500

January 7, 2025

Floor Plans

Description

  • Middle Terraced HMO +
  • 4 Lettings Room +
  • Gas Central Heating/uPVC Double Glazing +
  • COLU Currently Being Applied For +
  • Small Rear Garden +
  • Potential Yearly Income of £20,540 Gross +
  • Generously Proportioned +
  • No Chain Involved +

NO CHAIN INVOLVED. This is an ideal opportunity to purchase a generously proportioned 4 Bedroom middle house benefiting from gas central heating and UPVC double glazing. The property has previous use as a small House of Multiple Occupancy and an application for the Certificate of Lawful Use is currently with the Council being processed. Briefly the accommodation comprises Open Porch, Entrance Hall, Communal Lounge, Letting Room 1, fitted Dining Kitchen with lobby/WC (off) and on the first floor, 3 further, generous-size Bedrooms and Bathroom/WC. Outside there is a forecourt and small rear garden. Potential yearly income of £20,540 per annum gross if all four rooms are let out on a 12 month basis. 

LOCATION The property which is situated off Beverley Road, is conveniently placed for local amenities including shops, public transport, schools and for Hull University and also good travelling distance for Hull city centre.  

THE ACCOMMODATION COMPRISES  

GROUND FLOOR  

OPEN PORCH  

ENTRANCE HALL With an entry door, understairs storage cupboard, dado rail, single central heating radiator, staircase to first floor and cornice to the ceiling. 

COMMUNAL LOUNGE 15' 4" x 11' 9" (4.67m x 3.58m) Measured into bay and recess. uPVC double glazed bay window which overlooks the front, TV point, cornice and rose to the ceiling and double central heating radiator. 

LETTING ROOM 1 12' 6" x 9' 8" (3.81m x 2.95m) With uPVC double glazed window which overlooks the rear, single central heating radiator, picture rail, cornice to the ceiling, laminate flooring, double central heating radiator and rose to the ceiling. 

FITTED DINING KITCHEN 19' 5" x 10' 6" (5.92m x 3.2m) With a range of fitted base and wall mounted units with worktop surface areas and tiled surrounds, stainless steel single sink and drainer, wall-mounted boiler serving central heating and hot water, uPVC double glazed windows which overlook the side and rear of the property, four ring gas hob, extractor/cooker hood and door leading to the rear garden. 

SMALL LOBBY AND WC (OFF) With uPVC obscured double glazed windows overlooking the side and rear of the property, low level WC and pedestal wash hand basin. 

FIRST FLOOR  

LANDING  

LETTING ROOM 2 16' 4" x 12' 11" (4.98m x 3.94m) With two uPVC double glazed windows which overlook the front, double central heating radiator and cornice to ceiling. 

LETTING ROOM 3 10' 4" x 12' 5" (3.15m x 3.78m) With uPVC double glazed window which overlooks the rear, built-in cupboard and single central heating radiator. 

LETTING ROOM 4 10' 3" x 12' 8" (3.12m x 3.86m) With uPVC double glazed window which overlooks the rear and double central heating radiator. 

BATHROOM 6' 11" x 6' 4" (2.11m x 1.93m) With panelled bath having separate shower over, pedestal wash hand basin. low level WC, uPVC double glazed obscured window which overlooks the side, fully-tiled walls, extractor and single central heating radiator 

OUTSIDE To the front of the property there is a forecourt area and to the rear there is a garden area with fencing on the perimeters. 

TENURE We believe the tenure of this property to be Freehold (to be confirmed by the vendor's solicitors). 

VIEWING TO VIEW, PLEASE CALL OUR NEWLAND AVENUE OFFICE ON . 

ALL MEASUREMENTS ARE APPROXIMATE AND FOR GUIDANCE ONLY
The mention of any appliances and/or services within these particulars does not imply they are in full and efficient working order.
Whilst we endeavour to make our sales details accurate and reliable, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the information. Do so, particularly if travelling some distance to view the property.
Neil Kaye Estate Agents for themselves and the vendors or lessors of this property whose agents they are, given notice that these particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract.
NONE OF THE STATEMENTS CONTAINED IN THESE PARTICULARS AS TO THIS PROPERTY ARE TO BE RELIED UPON AS STATEMENTS OR REPRESENTATIONS OF FACT
Monday to Friday 9am to 5pm
Saturday 10am to 1pm.

Agent Details

Neil Kaye Estate Agents, Hull

01482 251746

Next Steps?

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