3 Bed Terraced House, Single Let, Hull, HU5 3LX, £100,000

Wharncliffe Street, Hull, HU5 3LX - 1 views - 4 months ago

BTL
ROI: 9%
~93 m²
+11 photos

ValuationUndervalued

Sold Prices£70K - £265K
Sold Prices/m²£683/m² - £2.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£122,000
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£4,200

Total Cash In

£29,200

 

 

Cash Out

 

Rent Range

£650 - £1,200

Rent Estimate

£694

Running Costs/mo

£471

Cashflow/mo

£223

Cashflow/yr

£2,672

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £70K to £265K, average is £142K. £683/m² to £2.4K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£85K12/200.04 mi70, Wharncliffe Street, Hull, City Of Kingston Upon Hull HU5 3LY3
£135K01/230.15 mi385, Spring Bank West, Hull, City Of Kingston Upon Hull HU3 1LD3
£230K09/210.22 mi28, Sunny Bank, Hull, Humberside HU3 1LH3
£156K10/210.24 mi37, Welbeck Street, Hull, City Of Kingston Upon Hull HU5 3SA3
£155K08/220.25 mi16, Spring Grove, Hull, City Of Kingston Upon Hull HU3 1JZ3
£176K10/210.25 mi5, Muirfield Park, Hull, City Of Kingston Upon Hull HU5 3JF3
£115K02/210.26 mi22, Dundee Street, Hull, City Of Kingston Upon Hull HU5 3TX3
£139K11/220.27 mi18, Dundee Street, Hull, City Of Kingston Upon Hull HU5 3TX3
£150K02/230.32 mi19, Belvoir Street, Hull, City Of Kingston Upon Hull HU5 3LP3
£131K03/230.33 mi7, Belvoir Street, Hull, City Of Kingston Upon Hull HU5 3LP3
£116K07/210.35 mi95, Dundee Street, Hull, City Of Kingston Upon Hull HU5 3TY3
£125K03/210.35 mi179, Chanterlands Avenue, Hull, City Of Kingston Upon Hull HU5 3TL3
£98K07/210.36 mi136, Chanterlands Avenue, Hull, City Of Kingston Upon Hull HU5 3TR3
£155K03/210.36 mi154, Chanterlands Avenue, Hull, City Of Kingston Upon Hull HU5 3TR3
£150K01/230.38 mi35, Aisne Street, Hull, City Of Kingston Upon Hull HU5 3SY3
£175K05/230.39 mi276, Westbourne Avenue West, Hull, City Of Kingston Upon Hull HU5 3JD3
£147.3K05/210.42 mi6, Tennyson Avenue, Hull, City Of Kingston Upon Hull HU5 3TW3
£135K07/220.46 mi8, Littlebeck Close, Hull, City Of Kingston Upon Hull HU3 6NQ3
£80K06/210.47 mi11, Mayfield Street, Hull, City Of Kingston Upon Hull HU3 1NS3
£145K04/210.48 mi57, Duesbery Street, Hull, City Of Kingston Upon Hull HU5 3QE3
£99K12/200.49 mi29, Stanley Street, Hull, City Of Kingston Upon Hull HU3 1JS3
£78.5K11/200.5 mi53, Mayfield Street, Hull, City Of Kingston Upon Hull HU3 1NT3
£78K10/210.52 mi12, Astley Street, Hull, City Of Kingston Upon Hull HU3 6PY3
£80K09/210.53 mi21, Brougham Street, Hull, City Of Kingston Upon Hull HU3 6PX3
£177K02/210.53 mi167, Ella Street, Hull, City Of Kingston Upon Hull HU5 3AT3
£185K08/210.53 mi203, Ella Street, Hull, City Of Kingston Upon Hull HU5 3AT3
£150K03/210.54 mi21, Huntley Drive, Hull, City Of Kingston Upon Hull HU5 4DP3
£105K07/210.54 mi169, Stanley Street, Hull, City Of Kingston Upon Hull HU3 1JU3
£135K03/210.55 mi20, Huntley Drive, Hull, City Of Kingston Upon Hull HU5 4DR3
£190K12/200.56 mi146, Ella Street, Hull, City Of Kingston Upon Hull HU5 3AU3
£131K12/220.56 mi48, Wenlock Street, Hull, City Of Kingston Upon Hull HU3 1DF3
£210K05/220.58 mi3, Woodgate Lane, Hull, City Of Kingston Upon Hull HU5 5AY3
£125K12/200.58 mi21, Murrayfield Road, Hull, City Of Kingston Upon Hull HU5 4DN3
£90.5K10/200.58 mi701, Spring Bank West, Hull, City Of Kingston Upon Hull HU3 6LG3
£70K01/230.59 mi9, Acland Street, Hull, City Of Kingston Upon Hull HU3 6QQ3
£185K04/210.61 mi75, Murrayfield Road, Hull, City Of Kingston Upon Hull HU5 4DU3
£205K06/230.63 mi24, Ella Street, Hull, City Of Kingston Upon Hull HU5 3AY3
£185K05/220.63 mi83, Murrayfield Road, Hull, City Of Kingston Upon Hull HU5 4DU3
£97K03/210.63 mi138, De La Pole Avenue, Hull, City Of Kingston Upon Hull HU3 6RQ3
£210K03/230.64 mi132, Windsor Road, Hull, City Of Kingston Upon Hull HU5 4HQ3
£172.5K04/210.64 mi27, Southfield Road, Hull, City Of Kingston Upon Hull HU5 4ES3
£137K11/200.64 mi15, Southfield Road, Hull, City Of Kingston Upon Hull HU5 4ES3
£169.9K06/210.65 mi199, Goddard Avenue, Hull, City Of Kingston Upon Hull HU5 2BX3
£196K03/220.65 mi77, Riley Way, Hull, City Of Kingston Upon Hull HU3 6DU3
£265K12/220.65 mi15, Bricknell Avenue, Hull, City Of Kingston Upon Hull HU5 4EP3
£96K10/210.66 mi33, Morpeth Street, Hull, City Of Kingston Upon Hull HU3 1RG3
£168K03/210.66 mi214, Goddard Avenue, Hull, City Of Kingston Upon Hull HU5 2BY3
£170.9K03/230.66 mi214, Goddard Avenue, Hull, City Of Kingston Upon Hull HU5 2BY3
£94K12/200.66 mi149, Goddard Avenue, Hull, City Of Kingston Upon Hull HU5 2BN3
£138.5K05/210.66 mi143, Goddard Avenue, Hull, City Of Kingston Upon Hull HU5 2BN3

Local Rents

22 rents from £650/mo to £1.2K/mo, average is £775/mo.

RentDateDistanceAddressBeds 
£75012/240.11 mi-3
£90004/250.28 mi-3
£1,10012/240.29 mi-3
£1,10012/240.29 mi-3
£92512/240.32 mi-3
£90003/250.34 mi-3
£1,20006/240.34 mi-3
£1,20005/240.34 miBlenheim Street, Hull, HU53
£72503/250.39 mi-3
£72504/240.4 miPerth Street West, Hull, East Riding Of Yorkshire, HU53
£86512/240.41 mi-3
£65005/240.43 miSpring Bank West, Hull, HU33
£65005/240.43 mi-3
£70011/240.46 mi-3
£75004/240.53 miElla Street, Hull, East Riding of Yorkshire, HU53
£95004/240.54 miElla Street, Hull3
£75002/250.56 mi-3
£75012/240.58 mi-3
£85004/240.61 mi-3
£72505/240.61 mi-3
£72504/240.61 miAlbert Avenue, Hull, HU33
£80003/250.61 mi-3

Local Area Statistics

Population in HU5

51,120

Population in Hull

313,622

Town centre distance

0.79 miles away

Nearest school

0.10 miles away

Nearest train station

1.13 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+24%

Property History

Listed for £100,000

January 8, 2025

Floor Plans

Description

  • Ideal First Home Or Investment Opportunity +
  • Currently Tenanted - Occupied +
  • Three Bedroom MId Terrace Property +
  • Convenient Location With Good Bus Routes +
  • Close To Local Amenities +
  • Freehold +
  • Council Tax Band A +

INVITING OFFERS BETWEEN £100,000- £110,000

Three bedroom mid-terraced property located on Wharncliffe Street, perfectly positioned for convenient city living. Situated just a short walk from the KC Stadium and with easy access to public transport, this home is ideal for landlords or first-time buyers. Currently tenant-occupied, the property features an open plan living and dining area, a well-appointed kitchen with ample storage, and three bedrooms. Enjoy a practical layout with a house bathroom equipped with both bath and shower facilities. With local shops nearby, this property offers both comfort and convenience.

Our Thoughts As you step into this home, you'll find an entrance hallway that leads you into the heart of the property: an open plan living and dining room. This space is perfect for relaxing or entertaining, with plenty of room for your furniture and personal touches. The kitchen, situated at the rear, is equipped with substantial wall and base units, providing plenty of storage and workspace for your culinary endeavours.

Upstairs, the property boasts a large primary bedroom at the front, offering ample space and natural light. A second double bedroom provides flexibility, whether for guests, family, or a home office plus the third single bedroom. The house bathroom completes the upstairs, featuring a bath, shower, basin, and WC, catering to all your needs.

This property is a fantastic opportunity for those seeking a solid investment or a welcoming first home, with the added benefit of being in a vibrant community with easy city centre access.

Tenure The property is freehold.

Council Tax Council Tax is payable to the Kingston Upon Hull City Council. From verbal enquiries we are advised that the property is shown in the Council Tax Property Bandings List in Valuation Band A.*

Fixtures & Fittings Certain fixtures and fittings may be purchased with the property but may be subject to separate negotiation as to price.

Disclaimer *The agent has not had sight of confirmation documents and therefore the buyer is advised to obtain verification from their solicitor or surveyor.

Viewings Strictly by appointment with the sole agents.

Site Plan Disclaimer The site plan is for guidance only to show how the property sits within the plot and is not to scale.

Mortgages We will be pleased to offer expert advice regarding a mortgage for this property, details of which are available from our Newland office on . Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.

Valuation/Market Appraisal: Thinking of selling or struggling to sell your house? More people choose beercocks in this region than any other agent. Book your free valuation now!

Agent Details

Beercocks, Newland Avenue, Hull

01482 425394

Next Steps?

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