3 Bed Terraced House, Single Let, Hull, HU6 8BQ, £105,000

Wormley Court, Hull, East Yorkshire, HU6 8BQ - 2 views - 2 months ago

BTL
ROI: 8%
~93 m²
+2 photos

ValuationUndervalued

Sold Prices£54.5K - £180K
Sold Prices/m²£647/m² - £2.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£126,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£26,250

Stamp Duty & Legal Fees

£4,350

Total Cash In

£30,600

 

 

Cash Out

 

Rent Range

£600 - £1,000

Rent Estimate

£700

Running Costs/mo

£488

Cashflow/mo

£212

Cashflow/yr

£2,543

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £54.5K to £180K, average is £116K. £647/m² to £2.3K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£95K02/210.07 mi5, 27th Avenue, Hull, City Of Kingston Upon Hull HU6 8EP3
£120K01/230.17 mi99, 5th Avenue, Hull, City Of Kingston Upon Hull HU6 8BS3
£111K06/230.17 mi80, 21st Avenue, Hull, City Of Kingston Upon Hull HU6 8DL3
£116K03/210.17 mi285, Endike Lane, Hull, City Of Kingston Upon Hull HU6 8DX3
£85K08/210.24 mi33, 6th Avenue, Hull, City Of Kingston Upon Hull HU6 9PW3
£107.5K03/210.24 mi300, Greenwood Avenue, Hull, City Of Kingston Upon Hull HU6 9QE3
£87.5K01/210.25 mi50, 31st Avenue, Hull, City Of Kingston Upon Hull HU6 8BT3
£90K01/210.26 mi38, 11th Avenue, Hull, City Of Kingston Upon Hull HU6 8HT3
£87K05/210.26 mi164, 21st Avenue, Hull, City Of Kingston Upon Hull HU6 8HR3
£127K10/210.26 mi6, Westgarth Avenue, Hull, City Of Kingston Upon Hull HU6 8LS3
£156K07/230.27 mi51, Grangeside Avenue, Hull, City Of Kingston Upon Hull HU6 8LP3
£120K12/220.27 mi198, Endike Lane, Hull, City Of Kingston Upon Hull HU6 8DR3
£115K12/220.27 mi37, 29th Avenue, Hull, City Of Kingston Upon Hull HU6 8DQ3
£150K07/230.29 mi47, 7th Avenue, Hull, City Of Kingston Upon Hull HU6 8HX3
£180K03/230.31 mi115, Grangeside Avenue, Hull, City Of Kingston Upon Hull HU6 8LR3
£149K01/210.31 mi85, Grangeside Avenue, Hull, City Of Kingston Upon Hull HU6 8LR3
£137K02/210.31 mi93, Grangeside Avenue, Hull, City Of Kingston Upon Hull HU6 8LR3
£113K02/210.33 mi4, Woodcroft Avenue, Hull, City Of Kingston Upon Hull HU6 8LH3
£150K08/210.33 mi23, Woodcroft Avenue, Hull, City Of Kingston Upon Hull HU6 8LH3
£128K05/210.33 mi2, Woodcroft Avenue, Hull, City Of Kingston Upon Hull HU6 8LH3
£100K03/230.33 mi67, Oldstead Avenue, Hull, City Of Kingston Upon Hull HU6 8LN3
£118K01/230.33 mi68, Oldstead Avenue, Hull, City Of Kingston Upon Hull HU6 8LN3
£100K11/210.34 mi36, Oldstead Avenue, Hull, City Of Kingston Upon Hull HU6 8LL3
£90K01/210.34 mi72, 22nd Avenue, Hull, City Of Kingston Upon Hull HU6 9LS3
£155K05/230.36 mi313, Cranbrook Avenue, Hull, City Of Kingston Upon Hull HU6 9PF3
£92.5K10/200.36 mi474, Inglemire Lane, Hull, City Of Kingston Upon Hull HU6 8JQ3
£145.5K10/210.37 mi8a, Oldstead Avenue, Hull, City Of Kingston Upon Hull HU6 8LG3
£175K11/220.38 mi382, Inglemire Lane, Hull, City Of Kingston Upon Hull HU6 8JG3
£132K01/230.38 mi364, Inglemire Lane, Hull, City Of Kingston Upon Hull HU6 8JG3
£153K07/210.38 mi390, Inglemire Lane, Hull, City Of Kingston Upon Hull HU6 8JG3
£145K05/210.38 mi392, Inglemire Lane, Hull, City Of Kingston Upon Hull HU6 8JG3
£54.5K02/210.39 mi40, Lingcourt, Hull, City Of Kingston Upon Hull HU6 9TB3
£109K10/210.41 mi13, 24th Avenue, Hull, City Of Kingston Upon Hull HU6 9LT3
£80K07/230.42 mi39, Mulcourt, Hull, City Of Kingston Upon Hull HU6 9TD3
£120K10/200.43 mi183, Orchard Park Road, Hull, City Of Kingston Upon Hull HU6 9BU3
£122.5K10/200.44 mi25, Braemar Avenue, Hull, City Of Kingston Upon Hull HU6 7UE3
£116K11/220.44 mi21, Braemar Avenue, Hull, City Of Kingston Upon Hull HU6 7UE3
£105K09/210.44 mi93, 8th Avenue, Hull, City Of Kingston Upon Hull HU6 9BT3
£123K11/210.46 mi528, Hall Road, Hull, City Of Kingston Upon Hull HU6 9BS3
£101.5K05/210.46 mi192, Hall Road, Hull, City Of Kingston Upon Hull HU6 8AT3
£110K11/210.46 mi176, Hall Road, Hull, City Of Kingston Upon Hull HU6 8SE3
£97K05/230.46 mi180, Hall Road, Hull, City Of Kingston Upon Hull HU6 8SE3
£105.5K02/210.47 mi273, Cranbrook Avenue, Hull, City Of Kingston Upon Hull HU6 7TX3
£108.3K03/230.47 mi237, Cranbrook Avenue, Hull, City Of Kingston Upon Hull HU6 7TX3
£130K10/210.47 mi24, Newbald Grove, Hull, City Of Kingston Upon Hull HU6 8JR3
£151.5K09/220.47 mi34, Sutherland Avenue, Hull, City Of Kingston Upon Hull HU6 7UG3
£165.5K06/230.47 mi11, Sutherland Avenue, Hull, City Of Kingston Upon Hull HU6 7UG3
£135K10/200.47 mi32, Sutherland Avenue, Hull, City Of Kingston Upon Hull HU6 7UG3
£100K06/230.48 mi47, The Quadrant, Hull, City Of Kingston Upon Hull HU6 8NU3
£105K12/200.49 mi251, Hall Road, Hull, City Of Kingston Upon Hull HU6 8AX3

Local Rents

19 rents from £600/mo to £1K/mo, average is £785/mo.

RentDateDistanceAddressBeds 
£65005/240 mi7 Wormley Court, Riccal Close, Hull, HU6 8BQ3
£80004/240.17 mi5th Avenue, HULL3
£79505/240.26 miWestgarth Avenue, HULL3
£80005/240.26 miWestgarth Avenue, Hull3
£78504/240.31 mi8th Avenue, Hull, HU63
£75001/250.35 mi-3
£82504/240.36 miInglemire Lane, Hull, HU63
£82505/240.36 mi-3
£73004/240.47 miCranbrook Avenue, HULL3
£1,00004/240.48 mi-3
£90004/240.48 mi-3
£70004/240.48 mi-3
£70012/240.48 mi-3
£75004/240.51 mi-3
£60004/240.51 mi-3
£70005/240.52 mi-3
£82503/250.57 mi-3
£77504/240.6 miRedhill Park, Hall Road, Hull3
£80012/240.61 mi-3

Local Area Statistics

Population in HU6

33,515

Population in Hull

313,622

Town centre distance

1.39 miles away

Nearest school

0.20 miles away

Nearest train station

1.23 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Seller's market

Capital growth (5yrs)

+30%

Property History

Listed for £105,000

February 5, 2025

Floor Plans

Description

  • Offered with no onward chain, this three-bedroom, three-storey mid-terrace home, built in 2006, is part of a small HU6 development. +
  • Block paved cul-de-sac near the University, shops, schools, and transport links, it's an ideal opportunity for families or investors. +
  • With some TLC, this home can truly shine. +
  • The ground floor features a sitting room, kitchen/dining area and guest cloakroom. +
  • The first floor offers two bedrooms and a bathroom. +
  • A spacious double bedroom occupies the top floor. +
  • Outside, there is a lawned garden and parking space at the front, and a rear garden. +
  • With double glazing, gas central heating (not tested), an EPC rating of C, and council tax band B, this is a fantastic opportunity. +
  • Viewing is highly recommended. +

Offered to the market with no onward chain, this three-bedroom, three-storey mid-terrace home, built in 2006, forms part of a small development in the popular HU6 area of Hull.

Situated in a block paved cul-de-sac, it provides an excellent opportunity for families or investors looking for a property close to the University, local shops, schools, and transport links.

With a little TLC, this home offers great potential. The ground floor features an entrance hall leading to a comfortable sitting room, spacious kitchen/dining area and a guest cloakroom/WC.

On the first floor, a central landing gives access to two well-proportioned bedrooms and bathroom.

A staircase leads to the second floor, where a generous double bedroom offers a private retreat.

Outside, the property benefits from a lawned garden and parking space at the front, while the rear garden provides a mainly laid to lawn.

Double glazing and gas central heating (not tested) are already in place, ensuring a solid foundation for future improvements.

With an EPC rating of C and council tax band B, payable to Hull City Council, this is a fantastic opportunity to create a wonderful home in a great location. Viewing is highly recommended.

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.

HUL250114/2

Agent Details

Reeds Rains, Hull

01482 251835

Next Steps?

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