2 Bed Terraced House, Single Let, Hull, HU9 2JW, £55,000

Eastern Villas, Holland Street, Hull, East Yorkshire, HU9 2JW - 3 views - 3 months ago

Auction

BTL

ROI: 15%

~68 m²

+2 photos

ValuationUndervalued

Sold Prices	£50K - £136K
Sold Prices/m²	£619/m² - £2.7K/m²

Square Metres	~68.11 m²
Price/m²	£808/m²
Value Estimate	£67,650£67,650
BMV	23%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£13,750£13,750
Stamp Duty & Legal Fees	£2,850£2,850
Total Cash In	£16,600£16,600

Cash Out
Rent Range	£417 - £2,375£417 - £2,375
Rent Estimate	£500
Running Costs/mo	£292£292
Cashflow/mo	£208£208
Cashflow/yr	£2,498£2,498
ROI	15%15%
Gross Yield	11%11%

Local Sold Prices

50 sold prices from £50K to £136K, average is £76K. £619/m² to £2.7K/m², average is £1.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£67.5K	11/20	0.02 mi	65, New Bridge Road, Hull, Humberside HU9 2RB	£786	86	2	Terraced House
£65K	05/23	0.07 mi	25, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TG	-	-	2	Terraced House
£77K	04/23	0.07 mi	15, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TG	£987	78	2	Terraced House
£96K	02/23	0.1 mi	71, Victor Street, Hull, City Of Kingston Upon Hull HU9 2EX	£1,600	60	2	Terraced House
£64K	11/20	0.12 mi	44, Holland Street, Hull, City Of Kingston Upon Hull HU9 2JB	£736	87	2	Terraced House
£52K	11/20	0.12 mi	73, Belmont Street, Hull, City Of Kingston Upon Hull HU9 2RH	£924	56	2	Terraced House
£62.5K	04/21	0.12 mi	89, Belmont Street, Hull, Humberside HU9 2RH	-	-	2	Terraced House
£70K	12/21	0.12 mi	99, Belmont Street, Hull, City Of Kingston Upon Hull HU9 2RH	£1,346	52	2	Terraced House
£80K	01/23	0.14 mi	21, Middleburg Street, Hull, City Of Kingston Upon Hull HU9 2QN	£1,058	76	2	Terraced House
£57K	01/21	0.14 mi	61, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TF	£731	78	2	Terraced House
£70K	07/21	0.15 mi	60, Belmont Street, Hull, City Of Kingston Upon Hull HU9 2RL	£1,111	63	2	Terraced House
£86K	07/23	0.15 mi	80, Belmont Street, Hull, City Of Kingston Upon Hull HU9 2RL	-	-	2	Terraced House
£62.5K	02/23	0.19 mi	86, Estcourt Street, Hull, City Of Kingston Upon Hull HU9 2RR	£1,059	59	2	Terraced House
£90.5K	01/23	0.22 mi	21, Staxton Court, Hull, City Of Kingston Upon Hull HU9 2RW	-	-	2	Semi-Detached House
£70K	03/21	0.22 mi	191, Belmont Street, Hull, City Of Kingston Upon Hull HU9 2RJ	£1,111	63	2	Terraced House
£70K	11/20	0.22 mi	115, Belmont Street, Hull, City Of Kingston Upon Hull HU9 2RJ	£1,148	61	2	Terraced House
£59K	02/21	0.22 mi	111, Belmont Street, Hull, City Of Kingston Upon Hull HU9 2RJ	£1,054	56	2	Terraced House
£51K	12/20	0.23 mi	111, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TE	£662	77	2	Terraced House
£52K	03/21	0.24 mi	2, Dene Street, Hull, City Of Kingston Upon Hull HU9 2LX	£619	84	2	Terraced House
£95K	10/21	0.25 mi	97, Steynburg Street, Hull, City Of Kingston Upon Hull HU9 2PE	£1,277	74	2	Terraced House
£75K	03/21	0.25 mi	97, Steynburg Street, Hull, City Of Kingston Upon Hull HU9 2PE	£1,008	74	2	Terraced House
£80K	09/21	0.25 mi	49, Steynburg Street, Hull, City Of Kingston Upon Hull HU9 2PE	£1,081	74	2	Terraced House
£80K	02/23	0.26 mi	57, Steynburg Street, Hull, City Of Kingston Upon Hull HU9 2PE	£1,055	76	2	Terraced House
£55.9K	03/23	0.26 mi	80, Wynburg Street, Hull, City Of Kingston Upon Hull HU9 2PB	£765	73	2	Terraced House
£88.5K	06/23	0.26 mi	38, Mersey Street, Hull, City Of Kingston Upon Hull HU8 8SG	-	-	2	Terraced House
£87.5K	01/23	0.26 mi	88, Rustenburg Street, Hull, City Of Kingston Upon Hull HU9 2PS	£1,006	87	2	Terraced House
£74.2K	06/23	0.26 mi	87, Rustenburg Street, Hull, City Of Kingston Upon Hull HU9 2PS	-	-	2	Terraced House
£66.5K	11/20	0.27 mi	159, Estcourt Street, Hull, City Of Kingston Upon Hull HU9 2RS	£782	85	2	Terraced House
£75K	03/23	0.27 mi	159, Estcourt Street, Hull, City Of Kingston Upon Hull HU9 2RS	£882	85	2	Terraced House
£136K	02/23	0.3 mi	29, Kent Close, Hull, City Of Kingston Upon Hull HU9 2AU	£2,720	50	2	Semi-Detached House
£105K	01/21	0.3 mi	30, Kent Close, Hull, City Of Kingston Upon Hull HU9 2AU	£1,458	72	2	Semi-Detached House
£55K	12/22	0.3 mi	145, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TA	£724	76	2	Terraced House
£126K	06/23	0.31 mi	14, James Niven Court, Hull, City Of Kingston Upon Hull HU9 3AQ	-	-	2	Terraced House
£71K	06/21	0.34 mi	64, Severn Street, Hull, City Of Kingston Upon Hull HU8 8TQ	£1,044	68	2	Terraced House
£117.5K	08/21	0.34 mi	44, Jalland Street, Hull, City Of Kingston Upon Hull HU8 8RB	£1,046	112	2	Terraced House
£60K	12/20	0.41 mi	76, Brazil Street, Hull, City Of Kingston Upon Hull HU9 1JZ	£710	84	2	Semi-Detached House
£115K	09/21	0.42 mi	1, Dovedale Grove, Hull, City Of Kingston Upon Hull HU9 3UF	£1,983	58	2	Terraced House
£115K	09/21	0.42 mi	1, Dovedale Grove, Hull, City Of Kingston Upon Hull HU9 3UF	£1,983	58	2	Terraced House
£77K	05/21	0.43 mi	124, Severn Street, Hull, City Of Kingston Upon Hull HU8 8TH	£1,167	66	2	Terraced House
£113K	10/21	0.44 mi	48, Swaledale Avenue, Hull, City Of Kingston Upon Hull HU9 3UE	£1,794	63	2	Semi-Detached House
£110K	02/23	0.46 mi	33, Rosedale Avenue, Hull, City Of Kingston Upon Hull HU9 2PL	-	-	2	Terraced House
£80K	11/20	0.46 mi	127, Durham Street, Hull, City Of Kingston Upon Hull HU8 8RQ	£952	84	2	Semi-Detached House
£103.5K	07/21	0.47 mi	28, Teesdale Avenue, Hull, City Of Kingston Upon Hull HU9 3UG	-	-	2	Semi-Detached House
£110K	03/23	0.47 mi	107, Barnsley Street, Hull, City Of Kingston Upon Hull HU8 7SF	-	-	2	Terraced House
£123K	11/21	0.47 mi	8, Bannister Drive, Hull, City Of Kingston Upon Hull HU9 1EJ	£2,158	57	2	Semi-Detached House
£120K	12/21	0.47 mi	62, Bannister Drive, Hull, City Of Kingston Upon Hull HU9 1EJ	£2,143	56	2	Semi-Detached House
£100K	02/21	0.47 mi	11, Bannister Drive, Hull, City Of Kingston Upon Hull HU9 1EJ	£1,787	56	2	Semi-Detached House
£50K	05/21	0.49 mi	13, Berkshire Street, Hull, City Of Kingston Upon Hull HU8 8TJ	£873	57	2	Terraced House
£61K	12/20	0.49 mi	9, Berkshire Street, Hull, Humberside HU8 8TJ	£965	63	2	Terraced House
£75K	04/21	0.49 mi	48, Field Street, Hull, City Of Kingston Upon Hull HU9 1HS	-	-	2	Semi-Detached House

Local Rents

50 rents from £417/mo to £2.4K/mo, average is £600/mo.

Rent	Date	Distance	Address	Beds	Type
£550	03/25	0.03 mi	-	2	Terraced House
£595	04/25	0.03 mi	-	2	Terraced House
£575	04/24	0.04 mi	New Bridge Road, Southcoates, Hull, HU9 2RF	2	Terraced House
£575	05/24	0.04 mi	-	2	Terraced House
£650	02/24	0.04 mi	-	2	Terraced House
£700	12/24	0.04 mi	-	2	Terraced House
£550	04/24	0.04 mi	Mables Villas, Holland Street, Hull, HU9	2	Terraced House
£550	04/24	0.04 mi	Mables Villas, Holland Street, Hull	2	House
£575	05/24	0.09 mi	Albert Avenue, Hull, HU9	2	Terraced House
£600	05/24	0.11 mi	-	2	Terraced House
£575	03/25	0.12 mi	-	2	Terraced House
£595	02/25	0.13 mi	-	2	Flat
£625	06/24	0.14 mi	Middleburg Street, Hull	2	Terraced House
£575	12/24	0.14 mi	-	2	Terraced House
£550	05/24	0.15 mi	-	2	Terraced House
£550	04/24	0.15 mi	Middleburg Street, HU9	2	Terraced House
£650	04/25	0.15 mi	-	2	Terraced House
£625	03/25	0.16 mi	-	2	Terraced House
£625	05/24	0.17 mi	Jesmond Gardens, Hull	2	House
£600	05/24	0.17 mi	Madoline Grove, Estcourt Street, Hull, East Yorkshire, HU9	2	Terraced House
£575	05/24	0.17 mi	9 Allendale, Middleburg Street, Newbridge Road, Hull,HU9 2QX	2	Terraced House
£650	04/24	0.17 mi	-	2	Terraced House
£630	04/24	0.17 mi	-	2	Terraced House
£675	04/25	0.17 mi	-	2	Terraced House
£650	04/24	0.17 mi	Rensburg St, Hull, HU9	2	Terraced House
£650	05/24	0.17 mi	-	2	Terraced House
£525	04/24	0.18 mi	5 Rosebury Villas, Rosmead Street, Hull, HU9 2TN	2	Terraced House
£625	03/25	0.2 mi	-	2	Terraced House
£700	05/24	0.21 mi	-	2	Terraced House
£750	04/25	0.21 mi	-	2	Terraced House
£600	12/24	0.21 mi	-	2	Terraced House
£475	03/24	0.22 mi	Belmont Street, Hull, East Riding Of Yorkshire, HU9	2	Terraced House
£595	06/24	0.23 mi	113 Rosmead Street, HU9 2TE	2	Terraced House
£700	02/25	0.23 mi	-	2	Terraced House
£650	02/25	0.24 mi	-	2	Semi-Detached House
£750	03/25	0.24 mi	-	2	Terraced House
£595	05/24	0.24 mi	4 Crompton Villas	2	Terraced House
£2,375	02/24	0.24 mi	-	2	Terraced House
£625	05/24	0.25 mi	Byland Court, Hull, East Riding Of Yorkshire, HU9	2	Semi-Detached House
£625	05/24	0.25 mi	6 Byland Court, HU9 2RQ	2	Semi-Detached House
£495	05/24	0.25 mi	Avon Vale, HU9	2	Terraced House
£600	01/25	0.25 mi	-	2	Terraced House
£595	04/24	0.25 mi	Avon Vale, Estcourt St, Hull, HU9	2	Terraced House
£625	03/25	0.26 mi	-	2	Terraced House
£417	04/24	0.26 mi	-	2	Flat
£560	04/24	0.26 mi	Wenlock Terrace, Rustenburg Street, Hull, East Yorkshire, HU9	2	Terraced House
£600	04/24	0.26 mi	-	2	Terraced House
£500	01/24	0.26 mi	-	2	Terraced House
£545	04/24	0.26 mi	-	2	Terraced House
£650	04/25	0.27 mi	-	2	Terraced House

Local Area Statistics

Population in HU9	40,94840,948
Population in Hull	313,622313,622
Town centre distance	2.17 miles away2.17 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	1.69 miles away1.69 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+8%+8%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+17%+17%

Property History

Listed for £55,000

January 23, 2025

Floor Plans

Description

Two-Bedroom Period Property with Potential For Refurbishment - FOR SALE by ONLINE NATIONAL TIMED AUCTION on TUESDAY 18TH FEBRUARY at 1:00 pm - GUIDE PRICE £55,000 +
Brimming with potential, making it an excellent opportunity for first-time buyers or investors. +
Conveniently located just off Holderness Road, it offers easy access to shops, amenities, and public transport. +
Situated on Eastern Villas, a pedestrian-friendly terrace off Holland Street in the popular HU9 district. +
Gas central heating. +
Well-proportioned rooms, perfect for updating to your taste. +
Enclosed front courtyard with gated access. +
Rear courtyard garden. +
Spacious sitting/dining room. +
Kitchen, ready for personalisation. +

Two-Bedroom Period Property with Potential For Refurbishment - FOR SALE by ONLINE NATIONAL TIMED AUCTION on TUESDAY 18TH FEBRUARY at 1:00 pm - GUIDE PRICE £55,000

This two-bedroom middle-terrace property is brimming with potential, making it an excellent opportunity for first-time buyers or investors. Conveniently located just off Holderness Road, it offers easy access to shops, amenities, and public transport.

Situated on Eastern Villas, a pedestrian-friendly terrace off Holland Street in the popular HU9 district.

Property Features

• Gas central heating.

• Well-proportioned rooms, perfect for updating to your taste.

• Enclosed front courtyard with gated access.

• Rear courtyard garden.

Ground Floor

• Spacious sitting/dining room.

• Kitchen, ready for personalisation.

• Rear lobby leading to a bathroom.

First Floor

• Central landing accessing two generously sized bedrooms.

Key Details

• Offered with no chain for a smooth transaction.

• EPC Rating: Awaited.

• Council Tax Band: A (Hull City Council).

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our 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. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

HUL250041/2