3 Bed Semi-Detached House, Refurb/BRRR, Hull, HU6 9BU, £115,000

Orchard Park Road, Hull, HU6 9BU - 3 months ago

Refurb/BRRR
ROI: 4%
~93 m²
+9 photos

ValuationFair Value

Sold Prices£54.5K - £190K
Sold Prices/m²£647/m² - £2.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.2K/m²

Value Estimate

£117,300

 

 

End Value (After Refurb)

£126,893

Uplift in Value

+10%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£4,650

Refurb Costs

£37,200

Bridging Loan Interest

£3,019

Total Cash In

£75,369

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£126,893

Mortgage (After Refinance)

£95,170

Mortgage LTV

75%

Cash Released

£8,920

Cash Left In

£66,449

Equity

£31,723

Rent Range

£650 - £1,125

Rent Estimate

£863

Running Costs/mo

£589

Cashflow/mo

£274

Cashflow/yr

£3,286

ROI

4%

Gross Yield

9%

Local Sold Prices

50 sold prices from £54.5K to £190K, average is £94.5K. £647/m² to £2.2K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£120K10/200 mi183, Orchard Park Road, Hull, City Of Kingston Upon Hull HU6 9BU3
£109K10/210.06 mi13, 24th Avenue, Hull, City Of Kingston Upon Hull HU6 9LT3
£90K01/210.1 mi72, 22nd Avenue, Hull, City Of Kingston Upon Hull HU6 9LS3
£105K09/210.11 mi93, 8th Avenue, Hull, City Of Kingston Upon Hull HU6 9BT3
£84.5K01/230.14 mi183, Ellerburn Avenue, Hull, City Of Kingston Upon Hull HU6 9RH3
£123K11/210.2 mi528, Hall Road, Hull, City Of Kingston Upon Hull HU6 9BS3
£90K01/230.23 mi10, Laxthorpe, Hull, City Of Kingston Upon Hull HU6 9EG3
£83K07/210.26 mi37, Homethorpe, Hull, City Of Kingston Upon Hull HU6 9ET3
£80.5K03/230.26 mi2, Kinthorpe, Hull, City Of Kingston Upon Hull HU6 9EJ3
£85K05/210.28 mi34, Dringshaw, Hull, City Of Kingston Upon Hull HU6 9DA3
£110K06/230.28 mi30, Dringshaw, Hull, City Of Kingston Upon Hull HU6 9DA3
£90K03/210.3 mi14, Blythorpe, Hull, City Of Kingston Upon Hull HU6 9HG3
£85K08/210.31 mi33, 6th Avenue, Hull, City Of Kingston Upon Hull HU6 9PW3
£125K11/200.31 mi5, Argent Close, Hull, City Of Kingston Upon Hull HU6 9UA3
£82.5K01/210.34 mi24, Clanthorpe, Hull, City Of Kingston Upon Hull HU6 9HE3
£95K12/200.34 mi36, Clanthorpe, Hull, City Of Kingston Upon Hull HU6 9HE3
£81K10/210.34 mi27, Cladshaw, Hull, City Of Kingston Upon Hull HU6 9DB3
£143.5K10/200.35 mi8, Coronet Close, Hull, City Of Kingston Upon Hull HU6 9UD3
£186K11/220.36 mi35, The Queensway, Hull, City Of Kingston Upon Hull HU6 9BH3
£107.5K03/210.36 mi300, Greenwood Avenue, Hull, City Of Kingston Upon Hull HU6 9QE3
£80K12/220.36 mi2, Palmcourt, Hull, City Of Kingston Upon Hull HU6 9TH3
£75K01/210.37 mi18, Palmcourt, Hull, City Of Kingston Upon Hull HU6 9TH3
£94K12/220.37 mi59, Clanthorpe, Hull, City Of Kingston Upon Hull HU6 9HE3
£127K09/220.39 mi75, The Queensway, Hull, City Of Kingston Upon Hull HU6 9BH3
£80K07/230.4 mi39, Mulcourt, Hull, City Of Kingston Upon Hull HU6 9TD3
£120K01/230.41 mi99, 5th Avenue, Hull, City Of Kingston Upon Hull HU6 8BS3
£91K07/230.42 mi49, Dane Park Road, Hull, City Of Kingston Upon Hull HU6 9AF3
£54.5K02/210.42 mi40, Lingcourt, Hull, City Of Kingston Upon Hull HU6 9TB3
£76.5K11/220.42 mi57, Dane Park Road, Hull, City Of Kingston Upon Hull HU6 9AF3
£87.5K01/210.43 mi50, 31st Avenue, Hull, City Of Kingston Upon Hull HU6 8BT3
£77K05/230.43 mi20, Ainshaw, Hull, City Of Kingston Upon Hull HU6 9DG3
£78K03/210.43 mi27, Jipdane, Hull, City Of Kingston Upon Hull HU6 9EE3
£95K02/210.44 mi5, 27th Avenue, Hull, City Of Kingston Upon Hull HU6 8EP3
£150K03/210.46 mi128, Downfield Avenue, Hull, City Of Kingston Upon Hull HU6 7XF3
£75K01/230.48 mi26, Ribycourt, Hull, City Of Kingston Upon Hull HU6 9TN3
£150K07/230.49 mi47, 7th Avenue, Hull, City Of Kingston Upon Hull HU6 8HX3
£85K03/230.5 mi75, Hardane, Hull, City Of Kingston Upon Hull HU6 9BG3
£170K10/200.51 mi2, Birnam Court, Hull, City Of Kingston Upon Hull HU6 7WA3
£90K01/210.51 mi38, 11th Avenue, Hull, City Of Kingston Upon Hull HU6 8HT3
£111K06/230.55 mi80, 21st Avenue, Hull, City Of Kingston Upon Hull HU6 8DL3
£157K07/230.55 mi4, Tarran Avenue, Hull, City Of Kingston Upon Hull HU6 7AL3
£180K04/230.56 mi14, Forbes Avenue, Hull, City Of Kingston Upon Hull HU6 7AJ3
£190K12/220.56 mi27, Forbes Avenue, Hull, City Of Kingston Upon Hull HU6 7AJ3
£127K11/220.56 mi16, Knowles Avenue, Hull, City Of Kingston Upon Hull HU6 7BT3
£115K12/220.56 mi37, 29th Avenue, Hull, City Of Kingston Upon Hull HU6 8DQ3
£155K05/230.56 mi313, Cranbrook Avenue, Hull, City Of Kingston Upon Hull HU6 9PF3
£142K08/210.57 mi6, Mizzen Road, Hull, City Of Kingston Upon Hull HU6 7AG3
£66K08/210.58 mi18, Axdane, Hull, City Of Kingston Upon Hull HU6 9AB3
£87K05/210.58 mi164, 21st Avenue, Hull, City Of Kingston Upon Hull HU6 8HR3
£116K03/210.59 mi285, Endike Lane, Hull, City Of Kingston Upon Hull HU6 8DX3

Local Rents

20 rents from £650/mo to £1.1K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£78504/240.29 mi8th Avenue, Hull, HU63
£75001/250.29 mi-3
£69505/240.31 mi61 Tudor Drive3
£72505/240.32 mi-3
£72505/240.34 miClanthorpe, Hull3
£1,00004/240.36 mi-3
£90004/240.36 mi-3
£70004/240.36 mi-3
£70012/240.36 mi-3
£85003/250.4 mi-3
£80004/240.41 mi5th Avenue, HULL3
£65005/240.43 mi7 Wormley Court, Riccal Close, Hull, HU6 8BQ3
£80005/240.49 mi-3
£80002/250.49 mi-3
£1,12005/240.51 miDane Park, Hull. HU63
£1,12504/240.51 miDane Park, Hull, HU63
£1,05004/240.51 miDane Park, Hull, HU63
£1,09004/240.51 miDane Park, Hull, HU63
£85004/240.51 miSir Leo Schultz Road, Hull3
£1,12506/240.51 miDane Park, Hull, HU63

Local Area Statistics

Population in HU6

33,515

Population in Hull

313,622

Town centre distance

1.78 miles away

Nearest school

0.10 miles away

Nearest train station

1.28 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Seller's market

Capital growth (5yrs)

+30%

Property History

Listed for £115,000

January 8, 2025

Floor Plans

Description

  • 3 Bedroom Semi-Detached Property +
  • Off Street Parking +
  • Requires A Degree Of Upgrading +
  • Great Local Amenities +
  • Popular Bus Routes +

SUMMARY
William H. Brown is delighted to market this 3 bedroom semi detached property! The property compromises of off street parking and great local amenities!

DESCRIPTION
Welcome to this 3 bedroom semi-detached property, offering a fantastic opportunity for those looking to invest in a home with great potential. Requiring a degree of upgrading, this property features off-street parking and is ideally situated close to excellent local amenities and convenient bus routes.

As you enter, you are greeted by a spacious hallway leading to two well-proportioned reception rooms. The living room provides a cosy and inviting space for relaxation and family gatherings, while the dining room is perfect for entertaining and enjoying meals together. Both rooms are filled with natural light, creating a warm and welcoming atmosphere.

The kitchen, while in need of modernisation, offers ample space to be transformed into a functional and stylish cooking area. With a little vision and creativity, this kitchen could become the heart of the home.

Upstairs, the property boasts three generously sized bedrooms, each offering a peaceful retreat. The family bathroom, also ready for updating, completes the upper level and has the potential to be redesigned into a contemporary and inviting space.

Outside, the property benefits from off-street parking, ensuring secure and convenient access. The garden provides a private outdoor space for relaxation and leisure, with plenty of potential to create a beautiful, low-maintenance area.

Situated in a vibrant neighbourhood, this home is within easy reach of a variety of local amenities.

Entrance Hall 
Double glazed entrance door to the front, double glazed window to the front and a radiator.

Lounge 19' 8" max x 13' 1" max ( 5.99m max x 3.99m max )
Double glazed window to the front, double glazed window to the side, electric fire, radiator and coving to the ceiling.

Kitchen 11' 1" x 7' 11" ( 3.38m x 2.41m )
Fitted kitchen with a range of wall and base units, work surfaces, gas cooker point, stainless steel sink, plumbing for an automatic washing machine, radiator, tiled floors, understairs cupboard and double glazed window to the rear.

Utility Room 5' 11" x 7' 9" ( 1.80m x 2.36m )
Double glazed door to the rear, double glazed window to the rear, tiled floors and a radiator.

Landing 
Two storage cupboards and access to the loft.

Bedroom 1 9' 5" x 13' 2" max ( 2.87m x 4.01m max )
Double glazed window to the front, fitted wardrobes, storage cupboard and a radiator.

Bedroom 2 8' 8" x 8' 1" ( 2.64m x 2.46m )
Double glazed window to the rear, radiator and coving to the ceiling.

Bedroom 3 6' 7" x 10' 2" ( 2.01m x 3.10m )
Double glazed window to the side and a radiator.

Upstairs W/C 
Double glazed door to the rear and high cistern W/C.

Wet Room 
Wet room with wet room style shower, pedestal wash hand basin, radiator, tiled walls and double glazed window to the rear.

Front Garden 
Concrete driveway.

Rear Driveway 
Artificial lawned area, paved patio and fence surround.

Garage 15' 11" x 8' 10" ( 4.85m x 2.69m )
Manual overhead door to the front, wooden door to the side and single glazed window to the rear.

DIRECTIONS
See below map for property location, for further information please contact the Residential Sales Team on .

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Hull Newland Avenue

01482 251831

Next Steps?

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