2 Bed Flat, Single Let, Hull, HU6 7BQ, £60,000





ValuationUndervalued
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £15,000£15,000 |
Stamp Duty & Legal Fees | £4,200£4,200 |
Total Cash In | £19,200£19,200 |
| |
Cash Out | |
Rent Range | £550 - £915£550 - £915 |
Rent Estimate | £600 |
Running Costs/mo | £328£328 |
Cashflow/mo | £273£273 |
Cashflow/yr | £3,270£3,270 |
ROI | 17%17% |
Gross Yield | 12%12% |
Local Sold Prices
49 sold prices from £41K to £135K, average is £87K. £667/m² to £2.3K/m², average is £1.5K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£81K | 07/22 | 0.34 mi | 20, Gullane Drive, Hull, City Of Kingston Upon Hull HU6 7XQ | £1,841 | 44 | 2 | Flat | |
£56K | 02/21 | 0.36 mi | 13, Gullane Drive, Hull, Humberside HU6 7XQ | £1,217 | 46 | 2 | Flat | |
£57K | 05/22 | 0.36 mi | 8, Gullane Drive, Hull, City Of Kingston Upon Hull HU6 7XQ | - | - | 2 | Flat | |
£115K | 10/22 | 0.65 mi | 19, Linn Park, Kingswood, Hull, City Of Kingston Upon Hull HU7 3GD | - | - | 2 | Flat | |
£127K | 06/21 | 0.77 mi | 51, Rivelin Park, Kingswood, Hull, City Of Kingston Upon Hull HU7 3GP | £1,924 | 66 | 2 | Flat | |
£85K | 06/22 | 1.45 mi | 69, Hainsworth Park, Hull, City Of Kingston Upon Hull HU6 8QQ | £1,371 | 62 | 2 | Flat | |
£80K | 07/21 | 1.45 mi | 61, Hainsworth Park, Hull, City Of Kingston Upon Hull HU6 8QQ | £1,488 | 54 | 2 | Flat | |
£80K | 07/21 | 1.48 mi | 61, Hainsworth Park, Hull, City Of Kingston Upon Hull HU6 8QQ | £1,488 | 54 | 2 | Flat | |
£62K | 03/23 | 1.84 mi | 46, Lambwath Hall Court, Bransholme, Hull, City Of Kingston Upon Hull HU7 4WN | £1,028 | 60 | 2 | Flat | |
£90K | 10/22 | 2.01 mi | 11, St Marys Mount, Cottingham, East Riding Of Yorkshire HU16 4LQ | £1,475 | 61 | 2 | Flat | |
£65K | 04/22 | 2.03 mi | 2, Poplar Court, Sutton On Hull, Hull, City Of Kingston Upon Hull HU7 4YX | £1,680 | 39 | 2 | Flat | |
£67.5K | 06/21 | 2.04 mi | 11, Poplar Court, Sutton On Hull, Hull, City Of Kingston Upon Hull HU7 4YX | £1,534 | 44 | 2 | Flat | |
£75K | 10/20 | 2.04 mi | 19, Poplar Court, Sutton On Hull, Hull, City Of Kingston Upon Hull HU7 4YX | £1,704 | 44 | 2 | Flat | |
£118K | 04/22 | 2.11 mi | Flat 23, Shardeloes Court, Newgate Street, Cottingham, East Riding Of Yorkshire HU16 4EB | - | - | 2 | Flat | |
£125K | 08/23 | 2.13 mi | Flat 10, Shardeloes Court, Newgate Street, Cottingham, East Riding Of Yorkshire HU16 4EB | £1,894 | 66 | 2 | Flat | |
£125K | 08/23 | 2.13 mi | Flat 10, Shardeloes Court, Newgate Street, Cottingham, East Riding Of Yorkshire HU16 4EB | £1,894 | 66 | 2 | Flat | |
£135K | 06/21 | 2.13 mi | Flat 14, Shardeloes Court, Newgate Street, Cottingham, East Riding Of Yorkshire HU16 4EB | - | - | 2 | Flat | |
£132.5K | 10/22 | 2.13 mi | Flat 5, Shardeloes Court, Newgate Street, Cottingham, East Riding Of Yorkshire HU16 4EB | - | - | 2 | Flat | |
£115.5K | 06/22 | 2.14 mi | Flat 26, Shardeloes Court, Newgate Street, Cottingham, East Riding Of Yorkshire HU16 4EB | - | - | 2 | Flat | |
£115K | 11/22 | 2.16 mi | 12, Madeira Court, Hull, City Of Kingston Upon Hull HU5 4BS | £2,018 | 57 | 2 | Flat | |
£107.5K | 03/21 | 2.16 mi | 10, Madeira Court, Hull, City Of Kingston Upon Hull HU5 4BS | £1,886 | 57 | 2 | Flat | |
£41K | 03/22 | 2.18 mi | 27, Cave Street, Hull, City Of Kingston Upon Hull HU5 2TZ | - | - | 2 | Flat | |
£93K | 03/23 | 2.28 mi | 52, King Street, Cottingham, East Riding Of Yorkshire HU16 5QE | £1,240 | 75 | 2 | Flat | |
£120K | 06/21 | 2.28 mi | 64, King Street, Cottingham, East Riding Of Yorkshire HU16 5QE | £1,967 | 61 | 2 | Flat | |
£108K | 11/21 | 2.32 mi | 26, Elm Tree Court, Cottingham, East Riding Of Yorkshire HU16 5PZ | £1,871 | 58 | 2 | Flat | |
£120K | 09/22 | 2.32 mi | 18, Elm Tree Court, Cottingham, East Riding Of Yorkshire HU16 5PZ | £2,182 | 55 | 2 | Flat | |
£85K | 05/21 | 2.32 mi | 18, Elm Tree Court, Cottingham, East Riding Of Yorkshire HU16 5PZ | £1,545 | 55 | 2 | Flat | |
£65K | 03/21 | 2.32 mi | 16, Elm Tree Court, Cottingham, East Riding Of Yorkshire HU16 5PZ | £985 | 66 | 2 | Flat | |
£110K | 11/21 | 2.32 mi | 28, Elm Tree Court, Cottingham, East Riding Of Yorkshire HU16 5PZ | £1,719 | 64 | 2 | Flat | |
£120K | 06/22 | 2.32 mi | 12, Elm Tree Court, Cottingham, East Riding Of Yorkshire HU16 5PZ | - | - | 2 | Flat | |
£125K | 12/22 | 2.33 mi | 26, Finkle Street, Cottingham, East Riding Of Yorkshire HU16 4AZ | - | - | 2 | Flat | |
£50K | 07/21 | 2.46 mi | 108, St Pauls Street, Hull, City Of Kingston Upon Hull HU2 0DG | £667 | 75 | 2 | Flat | |
£50K | 07/21 | 2.47 mi | 108, St Pauls Street, Hull, City Of Kingston Upon Hull HU2 0DG | £667 | 75 | 2 | Flat | |
£90.5K | 11/22 | 2.52 mi | 10, High Trees Mount, Hull, City Of Kingston Upon Hull HU8 9EZ | £1,740 | 52 | 2 | Flat | |
£92K | 12/20 | 2.52 mi | 6, High Trees Mount, Hull, City Of Kingston Upon Hull HU8 9EZ | £1,804 | 51 | 2 | Flat | |
£87K | 12/21 | 2.53 mi | 292a, James Reckitt Avenue, Hull, City Of Kingston Upon Hull HU8 8LJ | £1,130 | 77 | 2 | Flat | |
£71.3K | 04/22 | 2.61 mi | 32, Lowdale Close, Hull, City Of Kingston Upon Hull HU5 5DS | £1,414 | 50 | 2 | Flat | |
£70K | 10/20 | 2.65 mi | 345, Spring Bank West, Hull, City Of Kingston Upon Hull HU3 1LD | - | - | 2 | Flat | |
£98K | 10/22 | 2.68 mi | 6, Lea Crescent, Cottingham, East Riding Of Yorkshire HU16 5BX | £1,394 | 70 | 2 | Flat | |
£92K | 10/22 | 2.68 mi | 5, Lea Crescent, Cottingham, East Riding Of Yorkshire HU16 5BX | £1,165 | 79 | 2 | Flat | |
£100K | 08/22 | 2.69 mi | 43, Hymers Avenue, Hull, City Of Kingston Upon Hull HU3 1LL | - | - | 2 | Flat | |
£75K | 10/22 | 2.7 mi | 17, Bermondsey Drive, Hull, City Of Kingston Upon Hull HU5 5EH | - | - | 2 | Flat | |
£62K | 07/21 | 2.7 mi | 11, Bermondsey Drive, Hull, City Of Kingston Upon Hull HU5 5EH | £1,240 | 50 | 2 | Flat | |
£73K | 05/22 | 2.7 mi | 55, Winteringham Walk, Cottingham, East Riding Of Yorkshire HU16 5HL | - | - | 2 | Flat | |
£73.5K | 10/22 | 2.72 mi | 50, Dayton Road, Hull, City Of Kingston Upon Hull HU5 5TF | - | - | 2 | Flat | |
£70K | 06/22 | 2.84 mi | 147, Clarendon Street, Hull, City Of Kingston Upon Hull HU3 1AN | £1,399 | 50 | 2 | Flat | |
£72.5K | 01/23 | 2.85 mi | 137, Clarendon Street, Hull, City Of Kingston Upon Hull HU3 1AN | £1,422 | 51 | 2 | Flat | |
£127K | 07/22 | 2.87 mi | 2, Chelsea Court, Cottingham, East Riding Of Yorkshire HU16 5DU | £2,309 | 55 | 2 | Flat | |
£48.5K | 05/22 | 2.91 mi | 59, Sykes Street, Hull, City Of Kingston Upon Hull HU2 8AZ | £933 | 52 | 2 | Flat |
Local Rents
30 rents from £550/mo to £915/mo, average is £713/mo.
Rent | Date | Distance | Address | Beds | Type | |
£825 | 05/24 | 0.2 mi | Greylees Avenue, Hull | 2 | Bungalow | |
£675 | 06/24 | 0.31 mi | - | 2 | Flat | |
£675 | 06/24 | 0.31 mi | Dovestone Way, Hull, HU7 | 2 | Flat | |
£675 | 05/24 | 0.31 mi | Dovestone Way, Kingswood, HULL | 2 | Flat | |
£675 | 06/24 | 0.31 mi | Dovestone Way, Kingswood, HULL | 2 | Flat | |
£675 | 06/24 | 0.31 mi | Dovestone Way, Kingswood, HULL | 2 | Flat | |
£550 | 04/24 | 0.33 mi | Bronte Court, Haworth Park, Hull, East Yorkshire, HU6 | 2 | Flat | |
£650 | 04/24 | 0.45 mi | Thirlmere Way, Kingswood, Hull, HU7 | 2 | Semi-Detached House | |
£675 | 04/24 | 0.47 mi | Ladybower Way, Kingswood, Hull, East Yorkshire, HU7 | 2 | Terraced House | |
£725 | 04/24 | 0.61 mi | - | 2 | Terraced House | |
£725 | 05/24 | 0.84 mi | - | 2 | Semi-Detached House | |
£649 | 03/25 | 0.89 mi | - | 2 | Terraced House | |
£775 | 12/23 | 0.89 mi | - | 2 | Terraced House | |
£800 | 06/24 | 0.96 mi | School Lane, Kingswood, HULL | 2 | Terraced House | |
£895 | 06/24 | 0.97 mi | School Lane, Kingswood, Hull | 2 | Terraced House | |
£850 | 10/24 | 0.99 mi | - | 2 | Terraced House | |
£605 | 04/24 | 0.99 mi | - | 2 | Terraced House | |
£835 | 04/24 | 0.99 mi | Dane Park, Hull, HU6 | 2 | Semi-Detached House | |
£835 | 05/24 | 0.99 mi | Dane Park, Hull, HU6 | 2 | Semi-Detached House | |
£890 | 05/24 | 1.01 mi | Dane Park, Hull, HU6 | 2 | Semi-Detached House | |
£750 | 04/24 | 1.01 mi | Chartwell Gardens, Kingswood, HULL | 2 | Terraced House | |
£700 | 01/24 | 1.01 mi | Chartwell Gardens, Hull, East Riding Of Yorkshire, HU7 | 2 | Terraced House | |
£915 | 05/24 | 1.02 mi | Dane Park, Hull, HU6 | 2 | Semi-Detached House | |
£850 | 04/24 | 1.03 mi | Dane Park, Hull, HU6 | 2 | Semi-Detached House | |
£800 | 06/24 | 1.05 mi | - | 2 | Flat | |
£695 | 06/24 | 1.05 mi | Boston Court, Kingswood, Hull | 2 | Semi-Detached House | |
£695 | 05/24 | 1.1 mi | 631 Beverley Road, Hull, HU6 | 2 | Flat | |
£675 | 04/24 | 1.2 mi | - | 2 | Terraced House | |
£750 | 03/24 | 1.2 mi | - | 2 | Terraced House | |
£650 | 06/24 | 1.2 mi | Foxglove Close, Kingswood, Hull, East Riding Of Yorkshire, HU7 | 2 | Terraced House |
Property History
Listed for £60,000
January 22, 2025
Floor Plans

Description
- Reservation Fee Applicable +
- T&C's Apply +
- Ideal for investors seeking a high-yield opportunity +
- 12% gross yield based on a purchase price of £60,000 +
- Currently tenanted, achieving £600 PCM rental income +
- Within walking distance of a large Tesco supermarket +
- Located on the corner of Compass Road, a sought-after area +
- First floor: Two generously sized bedrooms and a bathroom +
- Ground floor: Entrance hall, fitted kitchen, and living room +
- Spacious duplex apartment with accommodation over two floors +
*Guide Price £60,000 - £70,000 plus Reservation Fee*
Spacious Two-Bedroom Duplex Apartment – Fantastic Investment Opportunity
This large duplex apartment spans two floors, offering well-proportioned accommodation that’s ideal for tenants or owner-occupiers. Currently tenanted and achieving £600 PCM, this property delivers a 12% gross yield based on a purchase price of £60,000, making it a standout investment opportunity.
Key Features:
Accommodation over two floors providing ample space
Ground floor: Entrance hall, fitted kitchen, and living room
First floor: Two generously sized bedrooms and a bathroom
Located on the corner of Compass Road, a fantastic area
Within walking distance to a large Tesco supermarket
Currently tenanted, achieving £600 PCM for immediate rental income
Situated in a highly convenient location, this duplex apartment offers excellent value and strong rental returns. Arrange your viewing today!
Fees, Exclusivity, and Disclaimer:
Fees:
Reservation Fee: Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 1.5% to a minimum of £2500 plus VAT. The Reservation Fee is paid on top of the purchase price. This reservation fee ensures that the property is taken off the market as soon as a sale is agreed, eliminating gazumping, time wasting, and financial loss.
The Reservation Fee can be refunded under certain circumstances;
i.e the seller deciding to pull out, a chain collapsing or structural issues verified by a structural survey. For more information on what would qualify for a refund then please speak to the office
Exclusivity:
Following the payment of the reservation fee, Rezee will facilitate a fixed exclusivity period of 90 days from draft contracts being issued. During this time the property will be reserved, so there will be no risk of gazumping.
Process:
Our process:
1. Register your interest
2. Prepare your finances for the purchase
3. Arrange a viewing
4. Make an offer
5. Secure your sale using our secure system
6. Exchange and complete
Disclaimer:
The property has a Ready Sale Pack, which gives additional information regarding the property. It is the Buyer’s responsibility to request & examine the Ready Sale Pack before committing to purchase the property. We advise you also carry out your own due diligence prior to making an offer.
The Buyer is required to verify their ID & show proof of funds.
Rezee offers additional services, such as conveyancing, financial advice, surveying & other services associated with selling & buying a property. Rezee may receive a referral fee for these third-party services.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Stamp Duty, It's important for buyers to understand that not all property purchases incur Stamp Duty Land Tax (SDLT). Certain exemptions and thresholds exist, which may mean that some buyers won't have to pay SDLT at all. However, the specifics can vary based on several factors such as the purchase price, the buyer's circumstances and seller’s circumstances. To determine whether SDLT applies to their purchase and to understand the amount they may be required to pay, buyers are encouraged to seek advice from a solicitor. Rezee innovative way of selling is a secure and straightforward way to buy property. Please note: to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.
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