2 Bed Bungalow, Single Let, Hornsea, HU18 1BA, £270,000

2 Malaga Back, Southgate, Hornsea, HU18 1BA - 3 months ago

BTL
~99 m²
+13 photos

ValuationOvervalued

Sold Prices£85K - £305K
Sold Prices/m²£1.1K/m² - £4.1K/m²

 

 

Square Metres

~99 m²
Price/m²£2.7K/m²

Value Estimate

£179,360

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£15,700

Total Cash In

£83,200

 

 

Cash Out

 

Rent Range

£350 - £1,350

Rent Estimate

£363

Running Costs/mo

£936

Cashflow/mo

£-573

Cashflow/yr

£-6,880

Gross Yield

2%

Local Sold Prices

50 sold prices from £85K to £305K, average is £152.4K. £1.1K/m² to £4.1K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£115K11/200.01 miDe-novo, Back Southgate, Hornsea, East Riding Of Yorkshire HU18 1BA2
£120K06/220.05 mi6, Southgate, Hornsea, East Riding Of Yorkshire HU18 1AQ2
£185K09/210.17 miGrasmere, Southgate, Hornsea, East Riding Of Yorkshire HU18 1RE2
£122K09/210.18 mi2, Mereside Terrace, Hornsea, East Riding Of Yorkshire HU18 1AZ2
£149.9K05/210.19 mi2, Beckside, Hornsea, East Riding Of Yorkshire HU18 1RT2
£91K10/200.2 mi13, Eastgate View, Hornsea, East Riding Of Yorkshire HU18 1DT2
£120K09/220.22 mi14, Mount Pleasant, Hornsea, East Riding Of Yorkshire HU18 1DX2
£140K05/220.22 mi5, Mount Pleasant, Hornsea, East Riding Of Yorkshire HU18 1DX2
£190K01/210.25 mi29, Tranmere Park, Hornsea, East Riding Of Yorkshire HU18 1QZ2
£145K10/210.25 mi31, Tranmere Park, Hornsea, East Riding Of Yorkshire HU18 1QZ2
£305K10/220.33 miSheridan, Seaton Road, Hornsea, East Riding Of Yorkshire HU18 1BS2
£104.5K07/210.35 mi2, South Terrace, Hornsea, East Riding Of Yorkshire HU18 1QT2
£169.9K09/220.35 mi2, South Terrace, Hornsea, East Riding Of Yorkshire HU18 1QT2
£154.9K10/210.35 mi7, Cliff Road, Hornsea, Humberside HU18 1LL2
£143K06/210.38 miCote Green, Graingers Road, Hornsea, East Riding Of Yorkshire HU18 1QE2
£125K02/210.39 mi31, Hull Road, Hornsea, East Riding Of Yorkshire HU18 1RL2
£125K02/210.39 mi31, Hull Road, Hornsea, East Riding Of Yorkshire HU18 1RL2
£125K02/210.39 mi31, Hull Road, Hornsea, East Riding Of Yorkshire HU18 1RL2
£299.9K01/230.41 mi70, Eastgate, Hornsea, East Riding Of Yorkshire HU18 1LW2
£187.5K01/230.42 mi2, The Greenway, Hornsea, East Riding Of Yorkshire HU18 1SL2
£220K06/230.44 miOnyx, Pasture Road, Hornsea, East Riding Of Yorkshire HU18 1QB2
£180K08/230.44 miCranbrook, Pasture Road, Hornsea, East Riding Of Yorkshire HU18 1QB2
£135K10/200.44 miFenella, Pasture Road, Hornsea, East Riding Of Yorkshire HU18 1QB2
£118K06/210.44 miCranbrook, Pasture Road, Hornsea, East Riding Of Yorkshire HU18 1QB2
£110K11/200.44 miSouthend, Pasture Road, Hornsea, East Riding Of Yorkshire HU18 1QB2
£265K01/230.47 mi4, Ambaston Road, Hornsea, East Riding Of Yorkshire HU18 1HB2
£98K02/210.49 mi48, Marlborough Avenue, Hornsea, East Riding Of Yorkshire HU18 1UA2
£180K06/210.49 mi6, Chrystals Road, Hornsea, East Riding Of Yorkshire HU18 1PJ2
£195K10/210.49 mi59, New Road, Hornsea, East Riding Of Yorkshire HU18 1PH2
£140K04/230.49 mi45, New Road, Hornsea, East Riding Of Yorkshire HU18 1PH2
£115K06/210.49 mi45, New Road, Hornsea, East Riding Of Yorkshire HU18 1PH2
£169.9K11/200.5 mi2, Belgrave Drive, Hornsea, East Riding Of Yorkshire HU18 1LU2
£265K10/220.52 mi32, Cheyne Walk, Hornsea, East Riding Of Yorkshire HU18 1BX2
£290K12/200.52 mi7, St Nicholas Drive, Hornsea, Humberside HU18 1EW2
£279.9K08/220.52 mi6, Chrystals Walk, Hornsea, East Riding Of Yorkshire HU18 1PL2
£110K11/200.52 mi15, Stanley Avenue, Hornsea, East Riding Of Yorkshire HU18 1UQ2
£127.5K03/210.52 mi21, Stanley Avenue, Hornsea, East Riding Of Yorkshire HU18 1UQ2
£265K08/230.53 mi3, Shaftesbury Avenue, Hornsea, East Riding Of Yorkshire HU18 1LX2
£240K04/210.53 mi14, Shaftesbury Avenue, Hornsea, East Riding Of Yorkshire HU18 1LX2
£159K02/210.53 mi8, Shaftesbury Avenue, Hornsea, East Riding Of Yorkshire HU18 1LX2
£187.9K10/220.54 mi37, Ranby Drive, Hornsea, East Riding Of Yorkshire HU18 1SZ2
£215K02/230.58 mi42, Ranby Crescent, Hornsea, East Riding Of Yorkshire HU18 1SY2
£179.9K03/230.59 mi1, Elvaston Avenue, Hornsea, East Riding Of Yorkshire HU18 1HA2
£245K12/220.6 mi19, Mere View Avenue, Hornsea, East Riding Of Yorkshire HU18 1RR2
£132K08/220.6 mi55, Ebor Avenue, Hornsea, East Riding Of Yorkshire HU18 1SS2
£192.5K12/220.6 mi9, Edenfield Avenue, Hornsea, East Riding Of Yorkshire HU18 1UL2
£85K04/230.62 mi9, Rowan Walk, Hornsea, East Riding Of Yorkshire HU18 1TT2
£85K04/230.63 mi74, Ashcourt Drive, Hornsea, East Riding Of Yorkshire HU18 1HF2
£142.5K01/210.63 mi65, Pickering Avenue, Hornsea, East Riding Of Yorkshire HU18 1TR2
£190K07/230.63 mi57, Pickering Avenue, Hornsea, East Riding Of Yorkshire HU18 1TR2

Local Rents

28 rents from £350/mo to £1.4K/mo, average is £695/mo.

RentDateDistanceAddressBeds 
£87504/240.08 miStrickland Drive, Hornsea3
£37004/240.09 miNewbegin, Hornsea, HU181
£37004/240.09 mi-1
£42003/240.09 mi-1
£50003/250.09 mi-1
£37005/240.09 mi-1
£35003/250.09 mi-1
£37012/240.09 mi-1
£45004/250.09 mi-1
£70004/240.17 miMarket Place, Hornsea, East Riding Of Yorkshire, HU182
£70005/240.17 miMarket Place, Hornsea, East Riding Of Yorkshire, HU182
£80004/240.22 miBeckside, Hornsea2
£47505/240.38 mi-1
£47503/250.38 mi-1
£47504/240.38 miNew Road, Hornsea, HU181
£67505/240.43 miRailway Street, Hornsea2
£1,35005/240.44 mi-2
£1,35008/240.44 mi-2
£69504/240.48 miBroadway, Hornsea1
£57504/240.49 miBroadway, Hornsea1
£77503/250.62 mi-3
£69504/240.63 miPickering Avenue, Hornsea, East Riding Of Yorkshire, HU182
£75001/250.67 mi-3
£85001/250.67 mi-2
£79504/240.69 miCliff Terrace, Hornsea4
£87504/240.7 miStrickland Drive, Hornsea3
£79506/230.72 mi-3
£85008/240.72 mi-3

Local Area Statistics

Population in HU18

8,603

Town centre distance

0.68 miles away

Nearest school

0.20 miles away

Nearest train station

10.45 miles away

 

 

Rental growth (12m)

-28%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Listed for £270,000

January 21, 2025

Floor Plans

Description

  • DETACHED +
  • 2 BEDROOMS +
  • BUNGALOW +
  • DOUBLE GARAGE +
  • SPACIOUS FRONT GARDEN +
  • NO CHAIN +

*NO CHAIN*

This delightful detached bungalow offers a perfect blend of comfort and tranquillity. With two well-proportioned bedrooms and spacious reception room providing a welcoming atmosphere, perfect for relaxation or entertaining guests.

One of the standout features of this bungalow is it's generous garden, which is a true haven for gardening enthusiasts. The garden is not only of good size but also offers a sense of privacy, as it is not overlooked by neighbouring properties. Whether you are looking to downsize, purchase your first home, or simply enjoy the bungalow lifestyle, this property presents an excellent opportunity to become something more.

In summary, this detached bungalow in Back Southgate is a charming and practical home, complete with a lovely garden and a peaceful setting. It is a must-see for anyone seeking a comfortable and inviting living space in a desirable location.

EPC - D
Council Tax - C
Tenure - Freehold

Front Garden - Includes lawn and pavement, no pedestrian access.

Entrance Porch - Door to front.

Entrance Hall - Features coving, large walk in cupboard with built in storage with loft access and radiator.

Cloak Room - Side window, Wash hand basin and W.C.

Lounge - 4.87 x 4.57 (15'11" x 14'11") - Front facing window, Gas fireplace, coving ceilings, radiator and carpeted.

Kitchen - 4.26x 2.73 (13'11"x 8'11") - Window to rear, Fitted wall and base units, Work surfaces, Single drainer, 1/2 bowl sink, Gas hob, Built in gas double oven, Partly tiled walls, Coving ceilings, Extractor fan, Radiator, Vinyl floor and space for under counter storage.

Utility - 4.25x 1.83 (13'11"x 6'0") - Side window, Base units, Work surfaces, Space for dryer, dishwasher and washmachine, Radiator, Coving ceiling and boiler.

Conservatory - 3.45x 2.4 (11'3"x 7'10") - Windows facing side and rear with tiled floors.

Master Bedroom - 4.46 x 3.33 (14'7" x 10'11") - Front facing window, Built in wardrobes, Coving ceilings, Radiator and Carpeted.

Bedroom 2 - 3.96x 2.45 (12'11"x 8'0" ) - Rear window, Built in wardrobes, Coving ceiling, Radiator and carpeted.

Shower Room - 2.9 x 2.7 (9'6" x 8'10") - Rear window, W.C, Pedestal wash hand basin, Step in shower, Tiled walls, Extractor fan and Radiator.

Rear Garden - Laid mainly to lawn but inlcudess gravelled and paved area, Garden shed, Walled and hedge boundaries, planted borders and greenhouse.

Double Garage - 8.51 x 3.2 (27'11" x 10'5") - Detached with barnstyle double doors, light and power points and window to side.

Agent Details

Our House Estate Agents, Hornsea

01964 775308

Next Steps?

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