2 Bed Terraced House, Refurb/BRRR, Hull, HU8 9SS, £85,000

Wansbeck Road, Hull,HU8 9SS - 5 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 5%
~68 m²
+13 photos

ValuationUndervalued

Sold Prices£63.5K - £205K
Sold Prices/m²£956/m² - £4.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£90,000

 

 

End Value (After Refurb)

£110,969

Uplift in Value

+23%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£3,900

Refurb Costs

£27,200

Bridging Loan Interest

£2,231

Total Cash In

£56,331

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£110,969

Mortgage (After Refinance)

£83,227

Mortgage LTV

75%

Cash Released

£19,477

Cash Left In

£36,855

Equity

£27,742

Rent Range

£550 - £900

Rent Estimate

£740

Running Costs/mo

£515

Cashflow/mo

£225

Cashflow/yr

£2,703

ROI

5%

Gross Yield

10%

Local Sold Prices

50 sold prices from £63.5K to £205K, average is £103.5K. £956/m² to £4.5K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£111K02/230 mi86, Wansbeck Road, Hull, City Of Kingston Upon Hull HU8 9SS2
£205K11/200.08 mi88, Ganstead Lane, Bilton, Hull, City Of Kingston Upon Hull HU11 4BA2
£165K08/210.16 mi11, Belvedere Drive, Bilton, Hull, City Of Kingston Upon Hull HU11 4AX2
£165K08/210.16 mi12, Belvedere Drive, Bilton, Hull, City Of Kingston Upon Hull HU11 4AX2
£182.5K06/210.17 mi57, Belvedere Drive, Bilton, Hull, City Of Kingston Upon Hull HU11 4AY2
£85K10/210.22 mi413, Shannon Road, Hull, City Of Kingston Upon Hull HU8 9SB2
£63.5K08/210.24 mi406, Shannon Road, Hull, City Of Kingston Upon Hull HU8 9SA2
£82.5K12/210.24 mi398, Shannon Road, Hull, City Of Kingston Upon Hull HU8 9SA2
£190K06/230.24 mi32, Ridgestone Avenue, Bilton, Hull, City Of Kingston Upon Hull HU11 4AH2
£95K11/200.29 mi250, Shannon Road, Hull, City Of Kingston Upon Hull HU8 9RY2
£87.5K02/230.3 mi24, Plym Grove, Hull, City Of Kingston Upon Hull HU8 9RT2
£135K05/210.3 mi71, Ridgestone Avenue, Bilton, Hull, City Of Kingston Upon Hull HU11 4AJ2
£95K01/230.31 mi199, Wansbeck Road, Hull, City Of Kingston Upon Hull HU8 9SZ2
£85K11/200.32 mi11, Plym Grove, Hull, City Of Kingston Upon Hull HU8 9RR2
£148K04/230.33 mi3, Grenville Bay, Bilton, Hull, City Of Kingston Upon Hull HU11 4BZ2
£130K12/200.33 mi3, Grenville Bay, Bilton, Hull, City Of Kingston Upon Hull HU11 4BZ2
£90K11/210.34 mi199, Wansbeck Road, Hull, City Of Kingston Upon Hull HU8 9SZ2
£87K01/230.35 mi183, Ark Royal, Bilton, Hull, City Of Kingston Upon Hull HU11 4BP2
£69K01/210.36 mi27, Welland Road, Hull, City Of Kingston Upon Hull HU8 9TL2
£165K10/220.42 mi49, Ark Royal, Bilton, Hull, City Of Kingston Upon Hull HU11 4BN2
£111K02/230.42 mi3, Chesterholme, Bilton, Hull, City Of Kingston Upon Hull HU11 4BD2
£130K06/210.42 mi75, Ark Royal, Bilton, Hull, City Of Kingston Upon Hull HU11 4BN2
£150K11/200.43 mi35, Mount Vernon, Bilton, Hull, City Of Kingston Upon Hull HU11 4ET2
£120K05/230.45 mi95, Thanet Road, Hull, City Of Kingston Upon Hull HU9 4BL2
£97K03/210.47 mi23, Tedworth Road, Hull, Humberside HU9 4BD2
£80K07/210.5 mi40, Medina Road, Hull, City Of Kingston Upon Hull HU8 9QT2
£95K07/210.53 mi389, Staveley Road, Hull, City Of Kingston Upon Hull HU9 4BX2
£78K07/210.54 mi56, Tedworth Road, Hull, City Of Kingston Upon Hull HU9 4AY2
£95.5K03/230.54 mi59, Shannon Road, Hull, City Of Kingston Upon Hull HU8 9PS2
£65K11/200.54 mi2, Athlone Green, Hull, City Of Kingston Upon Hull HU8 9PG2
£79K12/220.54 mi10, Holtby Close, Hull, City Of Kingston Upon Hull HU9 4AZ2
£130K02/230.55 mi120, Jervis Road, Hull, City Of Kingston Upon Hull HU9 4BT2
£85K06/210.55 mi52, Shannon Road, Hull, City Of Kingston Upon Hull HU8 9PF2
£167K09/220.57 mi56, Green Island, Bilton, Hull, City Of Kingston Upon Hull HU11 4EP2
£110K10/210.58 mi112, Jervis Road, Hull, City Of Kingston Upon Hull HU9 4BT2
£160K10/220.58 mi8, Abbey Road, Bilton, Hull, East Riding Of Yorkshire HU11 4EF2
£92.5K02/210.6 mi362, Staveley Road, Hull, City Of Kingston Upon Hull HU9 4BY2
£75K01/210.6 mi108, Waveney Road, Hull, City Of Kingston Upon Hull HU8 9NA2
£95K11/210.61 mi79, Tedworth Road, Hull, City Of Kingston Upon Hull HU9 4AX2
£95K01/210.62 mi8, Jervis Road, Hull, City Of Kingston Upon Hull HU9 4BP2
£80K03/230.63 mi157, Waveney Road, Hull, City Of Kingston Upon Hull HU8 9LZ2
£75K03/230.64 mi9, Jervis Road, Hull, City Of Kingston Upon Hull HU9 4BS2
£158K12/220.66 mi34, St Peters View, Bilton, Hull, East Riding Of Yorkshire HU11 4AE2
£93.5K12/220.67 mi12, Nestor Grove, Hull, City Of Kingston Upon Hull HU9 4DB2
£110.5K09/210.67 mi365, Staveley Road, Hull, City Of Kingston Upon Hull HU9 4BZ2
£120K02/230.67 mi202, Barham Road, Hull, City Of Kingston Upon Hull HU9 4EL2
£140K06/230.69 mi7, Belfry Court, Hull, City Of Kingston Upon Hull HU8 9EF2
£173K10/200.73 mi230, Main Road, Bilton, Hull, East Riding Of Yorkshire HU11 4DY2
£175K05/210.73 mi224, Main Road, Bilton, Hull, East Riding Of Yorkshire HU11 4DY2
£128.5K07/220.76 mi2, England Road, Bilton, Hull, East Riding Of Yorkshire HU11 4HT2

Local Rents

10 rents from £550/mo to £900/mo, average is £625/mo.

RentDateDistanceAddressBeds 
£55002/250.44 mi-2
£59505/240.48 miLimerick Close, Hull2
£60004/240.53 miStaveley Road, Hull, East Riding, HU9 4BG2
£81504/250.57 mi-2
£65005/240.65 miLime Tree Lane, HU112
£90002/250.8 mi-2
£62505/241.12 miWivern Road, Hull, East Riding Of Yorkshire, HU92
£62505/241.12 mi93 Wivern Road, HU9 4HR2
£55005/241.21 miCrofton Avenue, Egton Street, Hull, East Yorkshire, HU82
£75005/241.21 mi-2

Local Area Statistics

Population in HU8

34,175

Population in Hull

313,622

Town centre distance

4.24 miles away

Nearest school

0.10 miles away

Nearest train station

4.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Seller's market

Capital growth (5yrs)

+16%

Property History

Price changed to £85,000

March 24, 2025

Listed for £90,000

February 5, 2025

Floor Plans

Description

  • Great 1st Time Buyers Opportunity Or Investment +
  • Tucked Away Position With Open Views +
  • Off Road Parking +
  • Chain Free +
  • Rear Garden +
  • Two Double Bedrooms +
  • Close To Bilton Village & Amenities +
  • Freehold +
  • Council Tax Band A +
  • EPC C +

INVITING OFFERS BETWEEN £90,000- £95,000

Summary: A delightful, move-in-ready, two double-bedroom end-terraced house with no chain involved, front and rear gardens, and off-road parking. Positioned in a quiet spot close to Bilton Village, schools, and amenities, this property is ideal for first-time buyers or investors. Don’t miss out on this fantastic opportunity!

Our Thoughts: This charming two double-bedroom end-terraced house is a rare find, offering a perfect combination of convenience and comfort. The property is presented to the market with no onward chain, making the moving process straightforward and stress-free for prospective buyers. Its tucked-away position offers privacy, while still being within easy walking distance of Bilton Village, local schools, and key amenities, making it ideal for young families, 1st time buyers or those who value convenience.

The house has off-road parking, which is a valuable feature, especially in such a well-connected area. The front and rear gardens provide outdoor spaces for relaxing, entertaining, or gardening. Internally, the property is in excellent move-in condition, meaning there’s no need for any immediate work or renovations. This is truly a turnkey home, perfect for first-time buyers looking to get onto the property ladder or investors seeking a property that’s ready to let.

With its quiet location, spacious layout, and desirable features, this house is a great opportunity for anyone looking to settle into a friendly, established community. Properties like this, offering such excellent value, rarely stay on the market for long!

Tenure The property is freehold.

Council Tax Council Tax is payable to the Kingston Upon Hull City Council. From verbal enquiries we are advised that the property is shown in the Council Tax Property Bandings List in Valuation Band A.*

Fixtures & Fittings Certain fixtures and fittings may be purchased with the property but may be subject to separate negotiation as to price.

Disclaimer *The agent has not had sight of confirmation documents and therefore the buyer is advised to obtain verification from their solicitor or surveyor.

Viewings Strictly by appointment with the sole agents.

Site Plan Disclaimer The site plan is for guidance only to show how the property sits within the plot and is not to scale.

Mortgages We will be pleased to offer expert advice regarding a mortgage for this property, details of which are available from our Holderness Road Office on . Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.

Agent Details

Beercocks, Holderness Road

01482 251850

Next Steps?

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

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