2 Bed Terraced House, Refurb/BRRR, Hull, HU9 5AF, £110,000

Rolston Close, Hull, HU9 5AF - 3 months ago

Sold STC
Refurb/BRRR
ROI: 3%
~68 m²
+8 photos

ValuationOvervalued

Sold Prices£53.5K - £147.5K
Sold Prices/m²£771/m² - £2.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.6K/m²

Value Estimate

£87,090

 

 

End Value (After Refurb)

£108,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£4,500

Refurb Costs

£27,244

Bridging Loan Interest

£2,888

Total Cash In

£63,882

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£108,500

Mortgage (After Refinance)

£81,375

Mortgage LTV

75%

Cash Left In

£63,882

Equity

£27,125

Rent Range

£490 - £1,000

Rent Estimate

£672

Running Costs/mo

£493

Cashflow/mo

£179

Cashflow/yr

£2,142

ROI

3%

Gross Yield

7%

Local Sold Prices

51 sold prices from £53.5K to £147.5K, average is £84K. £771/m² to £2.5K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£96.5K02/230.05 mi279, Preston Road, Hull, City Of Kingston Upon Hull HU9 5AJ2
£95K02/230.08 mi6, Northorpe Close, Hull, City Of Kingston Upon Hull HU9 5AH2
£75.5K07/210.15 mi8, Horbury Avenue, Hull, City Of Kingston Upon Hull HU9 4QP2
£92K12/220.15 mi75, Wakefield Avenue, Hull, City Of Kingston Upon Hull HU9 4RD2
£127K06/230.24 mi39, Grantley Grove, Hull, City Of Kingston Upon Hull HU9 4RU2
£80K03/210.38 mi55, Hornby Grove, Hull, City Of Kingston Upon Hull HU9 4PG2
£80K06/210.43 mi34, Taylor Avenue, Hull, City Of Kingston Upon Hull HU9 4PH2
£89.5K03/210.5 mi58, Ashwell Avenue, Hull, City Of Kingston Upon Hull HU9 5LJ2
£75.5K04/230.5 mi11, The Cotswolds, Hull, City Of Kingston Upon Hull HU9 4QJ2
£74K11/200.51 mi3, Tonbridge Grove, Hull, City Of Kingston Upon Hull HU9 5BH2
£59.9K01/210.51 mi16, Tonbridge Grove, Hull, City Of Kingston Upon Hull HU9 5BH2
£93K03/230.51 mi16, Tonbridge Grove, Hull, City Of Kingston Upon Hull HU9 5BH2
£85K10/200.53 mi133, Staveley Road, Hull, City Of Kingston Upon Hull HU9 4SH2
£64K12/200.53 mi32, Corbridge Close, Hull, City Of Kingston Upon Hull HU9 5BB2
£80K02/210.53 mi1, Corbridge Close, Hull, City Of Kingston Upon Hull HU9 5BB2
£90K11/200.54 mi20, The Chilterns, Hull, City Of Kingston Upon Hull HU9 4QL2
£76.5K01/210.54 mi11, The Chilterns, Hull, City Of Kingston Upon Hull HU9 4QL2
£80K09/210.54 mi8, The Chilterns, Hull, City Of Kingston Upon Hull HU9 4QL2
£84K10/200.55 mi45, Anson Road, Hull, City Of Kingston Upon Hull HU9 4SN2
£90K10/210.56 mi76, Parthian Road, Hull, City Of Kingston Upon Hull HU9 4SX2
£60K12/200.56 mi30, Griffin Road, Hull, Humberside HU9 4TD2
£82.5K03/210.58 mi15, Hopkins Street, Hull, City Of Kingston Upon Hull HU9 5XU2
£90K04/210.58 mi49, Hopkins Street, Hull, City Of Kingston Upon Hull HU9 5XU2
£85K04/210.58 mi73, Hopkins Street, Hull, City Of Kingston Upon Hull HU9 5XU2
£77K11/210.62 mi23, Oban Avenue, Hull, City Of Kingston Upon Hull HU9 3NH2
£76K04/210.62 mi52, Ceylon Street, Hull, City Of Kingston Upon Hull HU9 5RE2
£88.5K01/210.64 mi90, Anson Road, Hull, City Of Kingston Upon Hull HU9 4SP2
£83K11/200.64 mi59, Falkland Road, Hull, City Of Kingston Upon Hull HU9 5ER2
£76K06/210.65 mi24, Bideford Grove, Hull, City Of Kingston Upon Hull HU9 5EB2
£60K02/210.67 mi1061, Hedon Road, Hull, City Of Kingston Upon Hull HU9 5QJ2
£77K07/230.67 mi1099, Hedon Road, Hull, City Of Kingston Upon Hull HU9 5QJ2
£77K07/230.67 mi1099, Hedon Road, Hull, City Of Kingston Upon Hull HU9 5QJ2
£75K11/210.67 mi153, Annandale Road, Hull, City Of Kingston Upon Hull HU9 4NR2
£79.5K02/230.68 mi1043, Hedon Road, Hull, City Of Kingston Upon Hull HU9 5QJ2
£54.8K04/230.69 mi17, Egypt Street, Hull, City Of Kingston Upon Hull HU9 5QZ2
£88K12/210.71 mi16, Stapleford Close, Hull, City Of Kingston Upon Hull HU9 4NE2
£55K07/210.72 mi55, Delhi Street, Hull, Humberside HU9 5QR2
£90K11/210.72 mi274, Hopewell Road, Hull, City Of Kingston Upon Hull HU9 4HH2
£135K12/220.72 mi300, Parthian Road, Hull, City Of Kingston Upon Hull HU9 4TA2
£110K12/200.73 mi56, Barham Road, Hull, City Of Kingston Upon Hull HU9 4JL2
£140K06/230.73 mi60, Barham Road, Hull, City Of Kingston Upon Hull HU9 4JL2
£87K02/210.73 mi187, Hermes Close, Hull, City Of Kingston Upon Hull HU9 4DR2
£101.6K06/210.74 mi26, Wivern Road, Hull, City Of Kingston Upon Hull HU9 4HR2
£118K03/230.75 mi24, Wivern Road, Hull, City Of Kingston Upon Hull HU9 4HR2
£75K06/230.75 mi39, Castleford Grove, Hull, City Of Kingston Upon Hull HU9 4NP2
£53.5K10/210.76 mi101, Bradford Avenue, Hull, City Of Kingston Upon Hull HU9 4NL2
£133K12/210.77 mi28, Harewood Avenue, Hull, City Of Kingston Upon Hull HU9 3LE2
£130K02/230.77 mi7, Harewood Avenue, Hull, City Of Kingston Upon Hull HU9 3LE2
£85K08/210.77 mi7a, Milne Road, Hull, City Of Kingston Upon Hull HU9 4UB2
£147.5K12/220.79 mi24, Winchester Avenue, Hull, City Of Kingston Upon Hull HU9 4TS2
£90K12/200.79 mi1, Larne Road, Hull, City Of Kingston Upon Hull HU9 4UD2

Local Rents

35 rents from £490/mo to £1K/mo, average is £625/mo.

RentDateDistanceAddressBeds 
£50002/250.14 mi-2
£77505/240.4 miPriestman Way, Dream, Hull, East Riding Of Yorkshire, HU92
£76505/240.4 miPriestman Way, Dream, Hull, East Riding Of Yorkshire, HU92
£59505/240.4 mi5 Acasta Way, Hull, HU9 5SE2
£59504/240.44 miAcasta Way, Hull, East Riding Of Yorkshire, HU92
£65005/240.48 miHopewell Road, Hull, East Riding, HU92
£67505/240.52 miHemswell Avenue, HULL2
£59504/240.55 miBothwell Grove, Hull, Yorkshire, HU92
£57504/240.58 miAnnandale Road, Greatfield, Hull, HU92
£62002/250.65 mi-2
£62001/250.65 mi-2
£62001/250.65 mi-2
£62001/250.65 mi-2
£72502/250.65 mi-2
£70004/240.67 miHedon Road, HULL2
£67504/250.68 mi-2
£49005/240.69 miRegis Court, Hull, East Riding Of Yorkshire, HU92
£59504/240.71 miStapleford Close, Greatfield, HU92
£55004/240.72 miCarlton Avenue, Delhi St, Hull, HU92
£62504/240.72 miHedon Road, Hull2
£57506/240.73 mi60 Wexford Avenue, Hull, HU9 5DT2
£62504/240.74 mi-2
£67501/250.74 mi-2
£62505/240.74 miWivern Road, Hull, East Riding Of Yorkshire, HU92
£62505/240.74 mi93 Wivern Road, HU9 4HR2
£69505/240.88 mi2 Willows Avenue, Hull, HU9 3JN2
£67504/240.88 mi20 Willows Avenue, Hull, HU9 3JN2
£75006/240.89 mi-2
£90002/250.95 mi-2
£60005/241.08 miHolderness Road, HULL2
£1,00004/251.19 mi-2
£1,00005/241.2 miMills Court, Hull, HU92
£1,00007/241.2 mi-2
£81504/251.23 mi-2
£60004/241.24 miStaveley Road, Hull, East Riding, HU9 4BG2

Local Area Statistics

Population in HU9

40,948

Population in Hull

313,622

Town centre distance

3.68 miles away

Nearest school

0.20 miles away

Nearest train station

3.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £110,000

January 23, 2025

Floor Plans

Description

  • Semi Detached +
  • 2 Bedrooms +
  • 2 Reception Rooms +
  • NO CHAIN +
  • Driveway/Garage +
  • Freehold +

Asking Price £110,000

SELLING WITH NO CHAIN! This semi-detached property has lots of potential and is a perfect investment opportunity or first home. Upon entering, you are greeted by a welcoming entrance hall that leads to a kitchen, ideal for cooking family meals and entertaining guests. The ground floor also features a cosy lounge and a conservatory, creating ample living space for relaxation and gatherings.

Moving to the first floor, you'll find two well-proportioned bedrooms, offering plenty of room for family or guests, alongside a bathroom that awaits your renovation ideas. The property boasts a rear garden, providing a fantastic outdoor space for gardening, play, or simply enjoying the fresh air. The property offers a driveway with a garage to the front aspect. This semi-detached home presents an exciting refurbishment project in a tranquil setting, perfect for those looking to create their dream living space.

This property is situated in a small cul-de-sac off Preston Road, within walking distance of local amenities, shops, including an Aldi and Heron Foods. Well regarded schools such as St Richards Academy and Aspire Academy are also a short distance away. The area also offers excellent bus routes to and from the Hull City Centre and surrounding areas.

Agent Details

Wigwam Homes, Hull

01482 251836

Next Steps?

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

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