2 Bed Terraced House, Single Let, Hull, HU5 1BU, £77,500

8 Folkestone Avenue, Hull, HU5 1BU - 4 views - 2 months ago

Sold STC
BTL
ROI: 3%
67 m²
+6 photos

ValuationUndervalued

Sold Prices£58.8K - £215K
Sold Prices/m²£703/m² - £2K/m²

 

 

Square Metres

67 m²
Price/m²£1.2K/m²

Value Estimate

£79,535
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£19,375

Stamp Duty & Legal Fees

£3,525

Total Cash In

£22,900

 

 

Cash Out

 

Rent Range

£85 - £1,590

Rent Estimate

£407

Running Costs/mo

£344

Cashflow/mo

£63

Cashflow/yr

£761

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £58.8K to £215K, average is £87.3K. £703/m² to £2K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£76K06/230.02 mi8, Folkestone Street, Hull, City Of Kingston Upon Hull HU5 1BH2
£98K02/230.06 mi58, Folkestone Street, Hull, City Of Kingston Upon Hull HU5 1BJ2
£73K11/200.11 mi69, Nicholson Street, Hull, City Of Kingston Upon Hull HU5 1EY2
£65K01/230.19 mi5, Farringdon Street, Hull, City Of Kingston Upon Hull HU5 1JA2
£80K06/230.21 mi49, Worthing Street, Hull, City Of Kingston Upon Hull HU5 1PD2
£64K01/230.21 mi23, Stepney Lane, Hull, City Of Kingston Upon Hull HU5 1HZ2
£105K04/230.29 mi2, Rydale Court, Hull, City Of Kingston Upon Hull HU5 1QE2
£85K07/230.3 mi79, Worthing Street, Hull, City Of Kingston Upon Hull HU5 1PP2
£85K05/230.3 mi48, Grafton Street, Hull, City Of Kingston Upon Hull HU5 2NR2
£72.5K06/210.34 mi1c, Cave Street, Hull, City Of Kingston Upon Hull HU5 2TZ2
£115K08/210.38 mi102, Ryde Avenue, Hull, City Of Kingston Upon Hull HU5 1QG2
£85K12/220.42 mi19, Tattershall Close, Hull, City Of Kingston Upon Hull HU2 0BA2
£87K11/200.43 mi8, Knightsbridge Court, Hull, City Of Kingston Upon Hull HU3 1UG2
£115K05/230.46 mi26, Clough Road, Hull, City Of Kingston Upon Hull HU5 1QN2
£89K08/230.48 mi20, Fountain Road, Hull, City Of Kingston Upon Hull HU2 9PF2
£58.8K05/210.5 mi24, Lichfield Close, Hull, City Of Kingston Upon Hull HU2 9PE2
£65K08/220.5 mi24, Lichfield Close, Hull, City Of Kingston Upon Hull HU2 9PE2
£100K12/200.5 mi188, Newland Avenue, Hull, City Of Kingston Upon Hull HU5 2NE2
£86K09/220.5 mi5, Sophia Close, Hull, City Of Kingston Upon Hull HU2 9PG2
£78K05/230.51 mi69, Hardy Street, Hull, City Of Kingston Upon Hull HU5 2PJ2
£87.5K05/210.51 mi62, Hardy Street, Hull, City Of Kingston Upon Hull HU5 2PJ2
£90K10/210.52 mi17, Edgecumbe Street, Hull, City Of Kingston Upon Hull HU5 2EU2
£85K01/220.53 mi196, Waterloo Street, Hull, City Of Kingston Upon Hull HU2 9LP2
£60K10/210.54 mi25, Marshall Street, Hull, City Of Kingston Upon Hull HU5 3DA2
£110K11/210.55 mi59, Goddard Avenue, Hull, City Of Kingston Upon Hull HU5 2AN2
£100K02/230.55 mi27, Reynoldson Street, Hull, City Of Kingston Upon Hull HU5 3BH2
£83.5K01/210.55 mi53, Reynoldson Street, Hull, City Of Kingston Upon Hull HU5 3BH2
£92.5K01/210.57 mi78, Sharp Street, Hull, City Of Kingston Upon Hull HU5 2AB2
£72K12/210.58 mi145, St Pauls Street, Hull, City Of Kingston Upon Hull HU2 0DH2
£75K05/230.59 mi17, Exmouth Street, Hull, City Of Kingston Upon Hull HU5 2HX2
£80K12/210.59 mi5, Torrington Street, Hull, City Of Kingston Upon Hull HU5 2EW2
£107.5K05/230.62 mi34, Haworth Street, Hull, City Of Kingston Upon Hull HU6 7RQ2
£77K09/210.62 mi38, Manvers Street, Hull, City Of Kingston Upon Hull HU5 2HW2
£90K12/200.63 mi45, Raglan Street, Hull, City Of Kingston Upon Hull HU5 2JA2
£158K06/210.69 mi131, Ella Street, Hull, City Of Kingston Upon Hull HU5 3AJ2
£142K07/210.69 mi129, Ella Street, Hull, City Of Kingston Upon Hull HU5 3AJ2
£105K03/230.72 mi112, Reynoldson Street, Hull, City Of Kingston Upon Hull HU5 3BS2
£135.5K12/210.79 mi99, Blenheim Street, Hull, City Of Kingston Upon Hull HU5 3PR2
£80K12/200.79 mi117, Blenheim Street, Hull, City Of Kingston Upon Hull HU5 3PR2
£113.2K05/230.79 mi117, Blenheim Street, Hull, City Of Kingston Upon Hull HU5 3PR2
£110K01/230.81 mi39, Bridlington Avenue, Hull, City Of Kingston Upon Hull HU2 0DU2
£67K08/230.82 mi4, Kirkstead Street, Hull, City Of Kingston Upon Hull HU8 8DR2
£100K12/200.82 mi9, Belvoir Street, Hull, City Of Kingston Upon Hull HU5 3LP2
£122.5K05/210.82 mi75, Belvoir Street, Hull, City Of Kingston Upon Hull HU5 3LP2
£150K11/220.84 mi42, Kirkham Drive, Hull, City Of Kingston Upon Hull HU5 2BT2
£133K06/230.84 mi77, Clumber Street, Hull, City Of Kingston Upon Hull HU5 3RH2
£65K08/210.86 mi7, Kathleen Road, Hull, City Of Kingston Upon Hull HU8 8EB2
£215K07/230.87 mi74, Inglemire Lane, Hull, City Of Kingston Upon Hull HU6 7TA2
£76K03/230.87 mi10, Norfolk Street, Hull, City Of Kingston Upon Hull HU2 9AA2
£112.5K03/210.88 mi54, Welbeck Street, Hull, City Of Kingston Upon Hull HU5 3SQ2

Local Rents

51 rents from £85/mo to £1.6K/mo, average is £625/mo.

RentDateDistanceAddressBeds 
£55005/240.04 mi3 Folkstone Avenue, Hull, HU5 1BU2
£55005/240.04 mi3 Folkstone Avenue, Hull, HU5 1BU2
£58301/250.06 mi-2
£57503/240.08 mi-2
£60005/240.13 mi-2
£65001/250.13 mi-2
£70004/250.13 mi-2
£59504/240.17 miCranbourne Avenue, Fenchurch Street, Hull, East Riding Of Yorkshire, HU52
£52410/230.18 miSculcoates Lane, , Hull2
£59505/240.18 miFarringdon Street, HULL, HU5 1JA2
£65005/240.18 miFarringdon Street, Hull, East Riding Of Yorkshire, HU52
£41212/230.2 miDe Grey Street, Hull2
£41212/230.2 miDe Grey Street, Hull2
£65004/240.2 miFarringdon Street, Hull2
£52505/240.2 mi-2
£84512/240.22 mi-2
£60004/250.24 mi-2
£65004/240.25 miFlat C 2 Pearson Park, Hull, HU5 2SY2
£69512/240.26 mi-2
£60004/240.26 miFlat 3, 6 Pearson Park, Beverley Road2
£52005/240.27 miPearson Park, Hull, East Riding Of Yorkshire, HU52
£8512/230.27 miGrafton Street, Hull2
£75012/240.28 mi-2
£62504/240.29 miNeedlers Way, Hull, East Riding of Yorkshire, HU52
£60005/240.31 miTemple Street, Sculcoates, Hull, HU5 1AD2
£67504/240.32 mi-2
£68504/240.32 mi-2
£72501/240.33 miFlat 4,BeechwoodPearson Park,Hull,HU52
£72501/240.33 miFlat 1, Beechwood, 49 Pearson Park,Hull,HU52
£76004/240.33 mi43 Pearson Park, Flat 2 Studley House, Hull, East Riding Of Yorkshire, HU52
£62504/240.33 miSt Vincents Court, 36 Queens Road, Hull, East Riding of Yorkshi, HU52
£55012/240.33 mi-2
£95012/240.35 mi-2
£55004/240.36 mi-2
£55004/240.36 mi-2
£55004/240.36 mi-2
£79504/240.36 miPearson Park, HULL2
£1,59002/250.36 mi-2
£36805/240.36 miGrafton Street, Hull2
£79506/240.37 mi-2
£79504/240.37 miKingston Villas, Hull, HU52
£62512/240.39 mi-2
£62512/240.4 mi-2
£50004/240.42 mi-2
£47504/240.42 mi-2
£65012/240.47 mi-2
£80001/250.48 mi-2
£52504/240.49 miPark Road, Hull, HU32
£52505/240.49 miPark Road, Hull, HU32
£74505/240.5 miVictoria Avenue, Princes Avenue, Sculcoates, Hull, HU5 3DR2
£66004/250.51 mi-2

Local Area Statistics

Population in HU5

51,120

Population in Hull

313,622

Town centre distance

0.47 miles away

Nearest school

0.20 miles away

Nearest train station

1.28 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+24%

Property History

Listed for £77,500

February 5, 2025

Floor Plans

Description

  • Extended two bedroom terrace property +
  • Freehold tenureship +
  • Council tax band - A +
  • EPC rating - D +
  • Popular residential location with easy access to the Hull city center +
  • Kitchen, inner lobby and bathroom extension +
  • Open plan lounge / dining room +
  • Ideal for an investor +

Introducing this traditional mid-terrace style property which is conveniently placed on a private residential location off Beverley High Road to enjoy easy access to the Hull city center.

The main features include entrance hall, bay fronted lounge with open aspect to the dining room and fitted kitchen with inner lobby leading to the bathroom furnished with a three-piece suite.

Externally to the front aspect there is a partly gravelled courtyard which is enclosed by wrought iron fencing.

The rear courtyard is paved with brick walling to the surround. A gate opens to the pedestrian ten-foot and the residence benefits from having an outside tap.

Taken together, the property would make an ideal investment as it is currently being sold with a long standing tenant in situ.

The Accommodation Comprises -

Front External - Externally to the front aspect there is a partly gravelled courtyard which is enclosed by wrought iron fencing.

Ground Floor -

Entrance Hall - Wooden entrance door, under stairs storage and laminate flooring. Leading to :

Lounge - 3.30m x 3.39m maximum (10'9" x 11'1" maximum ) - UPVC double glazed bay window, central heating radiator and laminate flooring.

Dining Room - 3.67m x 3.38m (12'0" x 11'1" ) - UPVC double glazed window, central heating radiator and laminate flooring.

Kitchen - 3.75m x 2.39m (12'3" x 7'10" ) - UPVC double glazed window, laminate flooring and fitted with a range of floor and eye level units, contemporary worktops with splashback tiles above, sink with mixer tap, plumbing for a washing machine and oven with hob and extractor hood above.

Inner Lobby - Wooden door to the rear courtyard and laminate flooring. Opening to :

Bathroom - UPVC double glazed window, central heating radiator, partly tiled to splashback areas with limo flooring and furnished with a three-piece suite comprising panelled bath with dual taps and electric shower, pedestal sink with dual taps and low flush W.C.

First Floor -

Landing - With access to the loft hatch, UPVC double glazed window and carpeted flooring.

Bedroom One - 3.21m x 4.42m (10'6" x 14'6" ) - UPVC double glazed window, central heating radiator, built-in storage cupboard and laminate flooring.

Bedroom Two - 3.20m x 3.40m (10'5" x 11'1" ) - UPVC double glazed window, central heating radiator and laminate flooring.

Rear External - The rear courtyard is paved with brick walling to the surround. A gate opens to the pedestrian ten-foot and the residence benefits from having an outside tap.

Tenure - The property is held under Freehold tenureship

Council Tax Band - Council tax band - A
Local Authority - Kingston Upon Hull

Epc Rating - EPC rating - D

Material Information - Construction - Standard
Conservation Area - No
Flood Risk - Low
Mobile Coverage / Signal - EE / Vodafone / Three / O2
Broadband - Basic 6 Mbps / Ultrafast 1000 Mbps
Coastal Erosion - No
Coalfield or Mining Area - No

Additional Services - Whitaker Estate Agents offer additional services via third parties: surveying, financial services, investment insurance, conveyancing and other services associated with the sale and purchase of your property.

We are legally obliged to advise a vendor of any additional services a buyer has applied to use in connection with their purchase. We will do so in our memorandum of sale when the sale is instructed to both parties solicitors, the vendor and the buyer.

Agents Notes - Services, fittings & equipment referred to in these sale particulars have not been tested ( unless otherwise stated ) and no warranty can be given as to their condition. Please note that all measurements are approximate and for general guidance purposes only.

Free Market Appraisals / Valuations - We offer a free sales valuation service, as an Independent company we have a strong interest in making sure you achieve a quick sale. If you need advice on any aspect of buying or selling please do not hesitate to ask.

Whitakers Estate Agent Declaration - Whitakers Estate Agents for themselves and for the lessors of the property, whose agents they are give notice that these particulars are produced in good faith, are set out as a general guide only & do not constitute any part of a contract. No person in the employ of Whitakers Estate Agents has any authority to make or give any representation or warranty in relation to this property.

Agent Details

Whitakers, Hull West

01482 251706

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