5 Bed Detached House, Refurb/BRRR, Hull, HU8 9HT, £450,000

Saltshouse Road, Hull, HU8 9HT - 1 views - 3 months ago

Sold STC
Refurb/BRRR
~178 m²
+14 photos

ValuationOvervalued

Sold Prices£70K - £630K
Sold Prices/m²£441/m² - £3.4K/m²

 

 

Square Metres

~178.28 m²
Price/m²£2.5K/m²

Value Estimate

£229,131

 

 

End Value (After Refurb)

£348,209

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£24,700

Refurb Costs

£71,197

Bridging Loan Interest

£11,813

Total Cash In

£221,959

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£348,209

Mortgage (After Refinance)

£261,156

Mortgage LTV

75%

Cash Left In

£221,959

Equity

£87,052

Rent Range

£500 - £1,350

Rent Estimate

£819

Running Costs/mo

£1,272

Cashflow/mo

£-453

Cashflow/yr

£-5,435

Gross Yield

2%

Local Sold Prices

34 sold prices from £70K to £630K, average is £284.5K. £441/m² to £3.4K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£375K07/230.3 mi10, Clear View Close, Hull, City Of Kingston Upon Hull HU8 9GA5
£270K07/220.34 mi6, Ladybower Close, Hull, City Of Kingston Upon Hull HU8 9XB5
£292.5K03/210.41 mi32, Mallyan Close, Hull, City Of Kingston Upon Hull HU8 9TZ5
£279K07/210.65 mi25, Thamesbrook, Sutton On Hull, Hull, City Of Kingston Upon Hull HU7 4WL5
£266K05/210.65 mi27, Thamesbrook, Sutton On Hull, Hull, City Of Kingston Upon Hull HU7 4WL5
£245K04/210.65 mi8, Thamesbrook, Sutton On Hull, Hull, City Of Kingston Upon Hull HU7 4WL5
£130K02/230.8 mi75, Logan Close, Bransholme, Hull, City Of Kingston Upon Hull HU7 4PG5
£100K05/210.82 mi11, Patrington Garth, Bransholme, Hull, City Of Kingston Upon Hull HU7 4NZ5
£350K02/210.87 mi9, Hillsway Close, Hull, City Of Kingston Upon Hull HU8 0JH5
£119K12/210.97 mi136, Perran Close, Bransholme, Hull, City Of Kingston Upon Hull HU7 4PN5
£289K04/221.03 mi703, Marfleet Lane, Hull, City Of Kingston Upon Hull HU9 4TJ5
£140.5K03/231.14 mi20, Amberley Close, Bransholme, Hull, City Of Kingston Upon Hull HU7 6BQ5
£95.5K10/211.33 mi2, Innsworth Garth, Bransholme, Hull, City Of Kingston Upon Hull HU7 4LU5
£70K08/211.35 mi326, Stroud Crescent East, Bransholme, Hull, City Of Kingston Upon Hull HU7 4QN5
£360K11/211.37 mi51, Laburnum Avenue, Garden Village, Hull, City Of Kingston Upon Hull HU8 8PF5
£280K01/211.4 mi28, Daisyfield Drive, Bilton, Hull, City Of Kingston Upon Hull HU11 4BF5
£85K03/211.59 mi20, Pitsford Close, Bransholme, Hull, City Of Kingston Upon Hull HU7 4HT5
£312K03/231.59 mi69, Village Road, Hull, City Of Kingston Upon Hull HU8 8QP5
£73K04/211.76 mi22, Morrill Street, Hull, City Of Kingston Upon Hull HU9 2LJ5
£630K01/232.17 miMontpelier, Longdales Lane, Coniston, Hull, East Riding Of Yorkshire HU11 4LB5
£93.5K11/212.47 mi19, Ryde Street, Hull, City Of Kingston Upon Hull HU5 1PA5
£299K02/212.49 mi1, Bushey Park, Kingswood, Hull, City Of Kingston Upon Hull HU7 3JF5
£290K01/212.49 mi692, Beverley Road, Hull, City Of Kingston Upon Hull HU6 7JH5
£460K03/232.56 mi703, Beverley Road, Hull, City Of Kingston Upon Hull HU6 7JN5
£152K07/232.72 mi103, Lambert Street, Hull, City Of Kingston Upon Hull HU5 2SH5
£70K12/212.73 mi106, Grafton Street, Hull, City Of Kingston Upon Hull HU5 2NP5
£137K11/212.78 mi17, Harley Street, Hull, City Of Kingston Upon Hull HU2 9BE5
£325K11/202.81 mi95, Hornscroft Park, Kingswood, Hull, City Of Kingston Upon Hull HU7 3GS5
£350K02/212.81 mi74, Hornscroft Park, Kingswood, Hull, City Of Kingston Upon Hull HU7 3GS5
£460K11/222.88 mi31, The Pines, Kingswood, Hull, City Of Kingston Upon Hull HU7 3GT5
£415K03/212.88 mi11, The Pines, Kingswood, Hull, City Of Kingston Upon Hull HU7 3GT5
£410K01/232.89 mi16, Caledonia Park, Hull, City Of Kingston Upon Hull HU9 1TE5
£385K11/202.9 mi15, The Pines, Kingswood, Hull, City Of Kingston Upon Hull HU7 3GT5
£291K07/212.94 mi33, Staunton Park, Kingswood, Hull, City Of Kingston Upon Hull HU7 3GB5

Local Rents

46 rents from £500/mo to £1.4K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£85004/240.29 miSutton House Road, Hull, East Riding of Yorkshire, HU83
£79505/240.42 miLealholme Court, Howdale Road, Hull, Yorkshire, HU83
£87505/240.44 miIngs Road, HULL3
£89505/240.54 miApollo Walk, Hull, Yorkshire, HU84
£69504/240.55 miKestrel Avenue,Sutton-On-Hull,Hull,HU83
£70005/240.57 miBlossom Grove, Hull, East Yorkshire, HU83
£75004/240.59 miBirklands Drive, Hull, East Yorkshire, HU83
£87504/240.61 mi7 Foxholme Road, Sutton, Hull, HU7 4YQ3
£89506/240.67 miBellfield Avenue HU8 3
£75012/240.7 mi-3
£62504/240.7 miDorchester Road, Bransholme, Hull, East Riding of Yorkshi, HU73
£95011/230.72 mi-3
£69501/240.72 mi-3
£69506/240.74 miCorona Drive, Lambwath Road, Hull, East Yorkshire, HU83
£77511/240.75 mi-3
£1,34505/240.77 miMalet Close, James Reckitt Avenue, HU84
£1,35005/240.77 miMalet Close, James Reckitt Avenue, HU84
£65004/240.77 miUpavon Garth, Bransholme, Hull, East Riding of Yorkshi, HU73
£65006/240.77 mi-3
£1,34504/240.8 miMalet Close, James Reckitt Avenue, HU84
£1,35005/240.8 miMalet Close, James Reckitt Avenue, HU84
£72511/230.84 mi-3
£69507/240.86 mi34 Bridport Close, HU7 6AQ3
£75004/240.89 miWaveney Road, Hull, HU83
£1,00002/250.91 mi-5
£80510/240.92 mi-3
£62505/240.93 miThaxted Close, Hull, HU83
£85012/240.95 mi-3
£70005/240.96 miBrent Avenue, Hull, HU83
£67505/240.97 miDuddon Grove, Hull, East Yorkshire, HU83
£79512/240.97 miDuddon Grove, HULL3
£1,10005/240.99 miEildon Hills Close, Hull, Yorkshire, HU74
£72506/241.03 miWestminster Avenue, Hull3
£90002/241.04 mi-3
£50002/251.04 mi-3
£72501/251.06 mi-3
£89504/241.06 miPortobello Street, Hull3
£66502/241.08 mi-3
£80005/241.09 mi-4
£59505/241.13 miAberdeen Street, Hull, East Riding of Yorkshire, HU93
£77503/251.14 mi-3
£69501/241.14 miHeatherwood Court,Bransholme,Hull,HU73
£69512/241.16 mi-3
£72504/241.16 miStanhope Avenue, Holderness Road, Hull, East Yorkshire, HU93
£69504/241.18 mi-3
£67505/241.2 miDouglas Road, Hull, East Yorkshire, HU83

Local Area Statistics

Population in HU8

34,175

Population in Hull

313,622

Town centre distance

2.85 miles away

Nearest school

0.10 miles away

Nearest train station

3.24 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Seller's market

Capital growth (5yrs)

+16%

Property History

Listed for £450,000

January 17, 2025

Floor Plans

Description

  • EXCEPTIONAL 5 BEDROOM FAMILY HOME +
  • EXPANSIVE PRIVATE GATED PLOT WITH ONE DOUBLE GARAGE AND A SECOND GARAGE/WORKSHOP +
  • COUNCIL TAX BAND: E +
  • PERIOD PROPERTY +
  • RARE FIND +
  • SAUNA, CELLAR AND UTILITY ROOM +
  • EN-SUITE OFF MASTER BEDROOM +
  • EARLY VIEWINGS HIGHLY ADVISED +

SUMMARY
A Rare Opportunity to Transform a Period Gem - Set on an expansive private gated plot, this five-bedroom detached period property offers an incredible opportunity to create the ultimate family home.

DESCRIPTION
Nestled amidst mature lawns and featuring a double-fronted façade, the house boasts classic charm and the potential for restoration into something truly exceptional. A striking arched doorway welcomes you into the spacious entrance hall, a central hub with doors leading to the living spaces. To the right, the generous living room benefits from abundant natural light and a feature fireplace, perfect for family relaxation. To the left, the similarly sized dining room features a bay window that fills the space with warmth and opens into a conservatory-ideal for enjoying views of the garden all year round.

The hall also provides access to a downstairs bathroom, a sauna, the garage/workshop, and a substantial cellar, offering plentiful storage and development opportunities. At the rear of the home, the kitchen-diner has a charming, functional layout, accompanied by a utility room and a porch providing side access to the property.

Upstairs, you'll find five well-proportioned bedrooms, with the master bedroom benefitting from its own en-suite. A further family bathroom completes the upper level.

In need of modernisation, this property is a rare find with limitless potential to be transformed into a stunning family residence. With its impressive period features, large plot, and excellent location, this is not one to be missed.

Entrance Hall 24' 4" x 6' ( 7.42m x 1.83m )

Living Room 28' 5" x 14' 1" into bay ( 8.66m x 4.29m into bay )

Dining Room 22' 5" x 14' 1" ( 6.83m x 4.29m )

Kitchen-Diner 22' 5" x 18' 9" ( 6.83m x 5.71m )

Entrance Porch 7' 6" x 6' 5" ( 2.29m x 1.96m )

Utility Room 8' 4" x 5' ( 2.54m x 1.52m )

Conservatory 16' 1" x 14' 1" ( 4.90m x 4.29m )

Downstairs Bathroom 9' 4" x 5' 4" ( 2.84m x 1.63m )

Sauna 6' 1" x 4' 8" ( 1.85m x 1.42m )

Cellar 13' 7" max x 8' 7" max ( 4.14m max x 2.62m max )

Garage/Workshop 14' 7" x 13' 4" ( 4.45m x 4.06m )

Landing 

Bedroom 1 17' 2" x 14' 5" ( 5.23m x 4.39m )

Ensuite 7' 2" max x 4' 3" max ( 2.18m max x 1.30m max )

Bedroom 2 17' 5" x 14' ( 5.31m x 4.27m )

Bedroom 3 14' 1" x 11' 8" ( 4.29m x 3.56m )

Bedroom 4 14' x 11' 8" ( 4.27m x 3.56m )

Bedroom 5 7' 5" x 6' ( 2.26m x 1.83m )

Upstairs Bathroom  14' 1" x 5' 9" ( 4.29m x 1.75m )

Garage 21' 9" x 17' 8" ( 6.63m x 5.38m )

Agent's Note:  
It is our understanding that the Property is not registered at the Land Registry which is the case with a significant proportion of land across England and Wales. Your Conveyancer will take the necessary steps and advise you accordingly.

Please Note: 
We have been advised that there are structural issues with the conservatory and garage door, please enquire for further information.

Outside 
Externally, this property boasts ample parking, with one double garage detached at the end of the driveway, and a second garage/workshop attached to the house. The extensive lawned gardens provide a serene and private setting, perfectly surrounding the home.

DIRECTIONS
Please see below map, or 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 Holderness Road

01482 251615

Next Steps?

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