4 Bed Terraced House, Single Let, Hull, HU5 2TA, £120,000

Park Road, Hull, HU5 2TA - 2 months ago

BTL
ROI: 6%
~129 m²
+9 photos

ValuationUndervalued

Sold Prices£57.5K - £595K
Sold Prices/m²£805/m² - £3.1K/m²

 

 

Square Metres

~129.26 m²
Price/m²£928/m²

Value Estimate

£146,400
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,800

Total Cash In

£34,800

 

 

Cash Out

 

Rent Range

£600 - £3,200

Rent Estimate

£697

Running Costs/mo

£534

Cashflow/mo

£163

Cashflow/yr

£1,951

ROI

6%

Gross Yield

7%

Local Sold Prices

44 sold prices from £57.5K to £595K, average is £173.5K. £805/m² to £3.1K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£225K10/210.1 mi2, The Parade, Hull, City Of Kingston Upon Hull HU5 2UH4
£245K04/230.1 mi16, The Parade, Hull, City Of Kingston Upon Hull HU5 2UH4
£85K07/210.23 mi53, Pendrill Street, Hull, City Of Kingston Upon Hull HU3 1UU4
£85K07/210.23 mi53, Pendrill Street, Hull, City Of Kingston Upon Hull HU3 1UU4
£133K01/230.35 mi74, Leonard Street, Hull, City Of Kingston Upon Hull HU3 1RZ4
£57.5K02/210.37 mi31, Leonard Street, Hull, City Of Kingston Upon Hull HU3 1SA4
£92K07/210.42 mi3, Mayfield Street, Hull, City Of Kingston Upon Hull HU3 1NS4
£175K10/220.42 mi7, Burslem Street, Hull, City Of Kingston Upon Hull HU2 9BP4
£125K05/230.47 mi101, Grafton Street, Hull, City Of Kingston Upon Hull HU5 2NP4
£127.5K02/230.51 mi45, Abbey Way, Hull, City Of Kingston Upon Hull HU5 1DA4
£135K10/210.52 mi25, Abbey Way, Hull, City Of Kingston Upon Hull HU5 1DA4
£120K11/220.52 mi1, Abbey Way, Hull, City Of Kingston Upon Hull HU5 1DA4
£135K04/230.52 mi12, Abbey Way, Hull, City Of Kingston Upon Hull HU5 1DA4
£130K06/210.52 mi43, Abbey Way, Hull, City Of Kingston Upon Hull HU5 1DA4
£130K05/210.52 mi5, Abbey Way, Hull, City Of Kingston Upon Hull HU5 1DA4
£126K10/210.55 mi106, Needlers Way, Hull, City Of Kingston Upon Hull HU5 1DD4
£250K09/210.6 mi83, Salisbury Street, Hull, City Of Kingston Upon Hull HU5 3DU4
£255K04/230.62 mi4, The Rydales, Hull, City Of Kingston Upon Hull HU5 1QD4
£83.5K12/200.63 mi89, Worthing Street, Hull, Humberside HU5 1PP4
£135K01/210.66 mi24, Houston Drive, Hull, City Of Kingston Upon Hull HU5 1NJ4
£104K02/230.67 mi293, Spring Bank West, Hull, City Of Kingston Upon Hull HU3 1LA4
£270K03/230.69 mi37, Hymers Avenue, Hull, City Of Kingston Upon Hull HU3 1LL4
£205K06/230.71 mi3c, Richmond Street, Hull, City Of Kingston Upon Hull HU5 3JY4
£188K03/210.71 mi6, Richmond Street, Hull, City Of Kingston Upon Hull HU5 3JY4
£160K09/210.71 mi309, Spring Bank West, Hull, City Of Kingston Upon Hull HU3 1LB4
£200K08/230.71 mi301, Spring Bank West, Hull, City Of Kingston Upon Hull HU3 1LB4
£185K03/230.71 mi309, Spring Bank West, Hull, City Of Kingston Upon Hull HU3 1LB4
£123K09/210.75 mi51, Ventnor Street, Hull, Humberside HU5 2LR4
£128K12/200.78 mi41, Walgrave Street, Hull, City Of Kingston Upon Hull HU5 2LT4
£172K11/200.81 mi187, Goddard Avenue, Hull, City Of Kingston Upon Hull HU5 2BX4
£126K11/200.84 mi393, Spring Bank West, Hull, City Of Kingston Upon Hull HU3 1LD4
£255K08/210.84 mi2, Allderidge Avenue, Hull, City Of Kingston Upon Hull HU5 4EQ4
£295K05/230.85 mi49, Allderidge Avenue, Hull, City Of Kingston Upon Hull HU5 4EG4
£160K04/220.87 mi25, John Street, Hull, City Of Kingston Upon Hull HU2 8DH4
£500K03/230.88 mi41, Newland Park, Hull, City Of Kingston Upon Hull HU5 2DN4
£595K09/220.88 mi15, Newland Park, Hull, City Of Kingston Upon Hull HU5 2DN4
£435.5K08/220.89 mi19, Newland Park, Hull, City Of Kingston Upon Hull HU5 2DN4
£400K01/210.93 mi88, Newland Park, Hull, City Of Kingston Upon Hull HU5 2DS4
£430K03/230.93 mi74, Newland Park, Hull, City Of Kingston Upon Hull HU5 2DS4
£300K12/220.97 mi136, Cottingham Road, Hull, City Of Kingston Upon Hull HU6 7RY4
£280K02/230.97 mi42, Philip Larkin Close, Hull, City Of Kingston Upon Hull HU6 7FB4
£250K09/210.97 mi26, Philip Larkin Close, Hull, City Of Kingston Upon Hull HU6 7FB4
£230K05/230.98 mi19, Mons Street, Hull, City Of Kingston Upon Hull HU5 3SZ4
£226K09/220.99 mi4, Philip Larkin Close, Hull, City Of Kingston Upon Hull HU6 7FB4

Local Rents

53 rents from £600/mo to £3.2K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£87504/240.08 miPark Grove, Hull, HU53
£87505/240.08 miPark Grove, Hull, HU53
£94502/250.14 mi-3
£1,25004/240.17 mi-5
£1,15012/240.18 miMargaret Street, Hull4
£89512/240.19 mi-4
£1,00011/240.24 mi-4
£1,00004/250.24 mi-4
£2,08704/240.24 miDover Street, Hull, East Riding Of Yorkshire, HU36
£1,00012/240.26 mi-4
£1,71105/240.26 mi-5
£1,71104/240.26 miAdderbury Grove, Hull, HU55
£75004/240.27 miBeverley Road, Hull4
£69504/240.28 miBeverley Road, Hull3
£3,20012/240.29 mi-7
£1,38712/240.3 mi-4
£89004/240.3 mi-4
£75004/240.3 miFlat 322, Beverley RoadHull3
£75005/240.3 miFlat 322, Beverley RoadHull3
£60012/240.32 mi-3
£90004/240.36 mi-3
£90004/240.36 mi-3
£80001/250.36 mi-3
£2,19503/250.36 mi-7
£85004/240.38 mi-3
£1,20005/240.38 miBlenheim Street, Hull, HU53
£1,20006/240.38 mi-3
£95012/240.38 mi-4
£1,49001/250.38 mi-6
£70004/240.41 mi-3
£67512/240.41 mi-3
£85012/240.41 mi-3
£2,60701/240.41 miHutt Street, Hull, East Riding Of Yorkshire, HU38
£2,27504/240.43 miLambert Street, Hull, East Riding Of Yorkshire, HU57
£1,20002/250.43 mi-5
£92512/240.43 mi-3
£1,00005/240.43 mi-4
£1,00003/250.43 mi-4
£77504/250.44 mi-4
£90003/250.44 mi-3
£1,40004/240.44 mi-3
£1,40006/240.44 mi-3
£1,40004/240.44 miLambert Street, Hull, HU53
£1,50002/250.44 mi-3
£1,05006/240.44 mi-3
£1,05006/240.44 mi-3
£1,00012/240.44 mi-3
£90004/240.45 miReynoldson Street, HULL4
£1,10012/240.45 mi-3
£1,10012/240.45 mi-3
£1,43006/240.46 mi-4
£70011/240.46 mi-3
£1,62902/250.46 mi-5

Local Area Statistics

Population in HU5

51,120

Population in Hull

313,622

Town centre distance

0.46 miles away

Nearest school

0.20 miles away

Nearest train station

1 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+24%

Property History

Listed for £120,000

January 29, 2025

Floor Plans

Description

  • Reservation Fee Applicable +
  • T&C's Apply +
  • Walking distance to Princes Avenue and Beverley Road, with excellent local amenities. +
  • Blank canvas, ready for your personal touch. +
  • No chain involved and vacant possession for a smooth purchase. +
  • Low-maintenance rear yard for easy outdoor upkeep. +
  • Two large reception rooms offering versatile living space. +
  • Generous open-plan kitchen and dining area. +
  • Spacious four-bedroom terrace home near Pearson Park. Two bathrooms for added practicality. +

*Guide Price £120,000 - £130,000 plus Reservation Fee* Spacious Four-Bedroom Terrace Home on the Edge of Pearson Park This generously sized four-bedroom terrace property offers an incredible opportunity to create your dream home. Perfectly positioned just a stone’s throw from Pearson Park and within walking distance of Princes Avenue and Beverley Road, you'll have a fantastic selection of coffee bars, shops, and restaurants right on your doorstep. Key Features: **Four well-proportioned bedrooms, providing ample living space.
**Two bathrooms for added convenience.
**Generous open-plan kitchen and dining area, ideal for family living and entertaining.
**Two large reception rooms, offering flexibility and versatility.
**Low-maintenance rear yard, perfect for easy outdoor living.
**No chain involved and vacant possession, making for a hassle-free purchase.
**A blank canvas, ready for you to add your personal touch and style.
**Unbeatable location near Pearson Park and excellent local amenities. This property combines space, potential, and a prime location—early viewings are highly recommended! 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.

Agent Details

Rezee, Hull

01482 251686

Next Steps?

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