2 Bed Terraced House, Single Let, Hull, HU6 8BA, £95,000

40 Chadcourt, Hull, HU6 8BA - 2 months ago

Sold STC
BTL
ROI: 7%
~71 m²
+9 photos

ValuationUndervalued

Sold Prices£60K - £287.5K
Sold Prices/m²£932/m² - £2.8K/m²

 

 

Square Metres

~70.70 m²
Price/m²£1.3K/m²

Value Estimate

£115,222
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£5,950

Total Cash In

£29,700

 

 

Cash Out

 

Rent Range

£595 - £925

Rent Estimate

£604

Running Costs/mo

£438

Cashflow/mo

£166

Cashflow/yr

£1,996

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £60K to £287.5K, average is £105.5K. £932/m² to £2.8K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£86K12/210.02 mi17, Chadcourt, Hull, City Of Kingston Upon Hull HU6 8BA2
£92.5K07/230.02 mi15, Chadcourt, Hull, City Of Kingston Upon Hull HU6 8BA2
£73K03/210.05 mi25, Didscourt, Hull, City Of Kingston Upon Hull HU6 8BB2
£60K02/210.11 mi8, Faircourt, Hull, City Of Kingston Upon Hull HU6 8BG2
£120K01/210.16 mi7, Amanda Close, Hull, City Of Kingston Upon Hull HU6 8BJ2
£87.5K05/210.24 mi27, Westway Avenue, Hull, City Of Kingston Upon Hull HU6 9SP2
£76.5K03/210.24 mi336, Greenwood Avenue, Hull, City Of Kingston Upon Hull HU6 8AP2
£125K08/210.25 mi46, Endyke Lane, Cottingham, East Riding Of Yorkshire HU16 4QD2
£125.2K08/220.26 mi52, Endyke Lane, Cottingham, East Riding Of Yorkshire HU16 4QD2
£119.5K12/220.26 mi44, Endyke Lane, Cottingham, East Riding Of Yorkshire HU16 4QD2
£127.5K02/230.27 mi7, Formby Close, Cottingham, East Riding Of Yorkshire HU16 4QW2
£116K02/210.29 mi28, Lytham Drive, Cottingham, East Riding Of Yorkshire HU16 4QN2
£149K06/210.29 mi4, Lytham Drive, Cottingham, East Riding Of Yorkshire HU16 4QN2
£105K04/210.29 mi26, Lytham Drive, Cottingham, Humberside HU16 4QN2
£148.5K06/230.3 mi7, Hoylake Close, Cottingham, East Riding Of Yorkshire HU16 4QP2
£235K03/230.31 mi16, Stephensons Walk, Cottingham, East Riding Of Yorkshire HU16 4QG2
£164K05/230.31 mi50, Brockenhurst Avenue, Cottingham, East Riding Of Yorkshire HU16 4PD2
£150K04/230.31 mi3, Brockenhurst Avenue, Cottingham, East Riding Of Yorkshire HU16 4PD2
£88.8K08/210.32 mi11, 29th Avenue, Hull, City Of Kingston Upon Hull HU6 8DQ2
£97.5K01/230.33 mi23c, Newbald Grove, Hull, City Of Kingston Upon Hull HU6 8JR2
£105K06/230.36 mi158, Hall Road, Hull, City Of Kingston Upon Hull HU6 8SD2
£106K08/210.36 mi597, Inglemire Lane, Hull, City Of Kingston Upon Hull HU6 8SW2
£80K10/210.38 mi72, Quillcourt, Hull, City Of Kingston Upon Hull HU6 9TL2
£98K04/230.38 mi294, Greenwood Avenue, Hull, City Of Kingston Upon Hull HU6 9QE2
£137K01/230.41 mi93, Oldstead Avenue, Hull, City Of Kingston Upon Hull HU6 8LN2
£80K12/200.43 mi4, 26th Avenue, Hull, City Of Kingston Upon Hull HU6 9SH2
£100K06/230.43 mi61, 29th Avenue, Hull, City Of Kingston Upon Hull HU6 8DG2
£220K12/210.44 mi7, Allanson Drive, Cottingham, East Riding Of Yorkshire HU16 4PF2
£95.5K10/200.47 mi23, Sylvia Close, Hull, City Of Kingston Upon Hull HU6 8JF2
£85K07/210.5 mi305, Orchard Park Road, Hull, City Of Kingston Upon Hull HU6 9BZ2
£185K11/210.52 mi57, New Village Road, Cottingham, East Riding Of Yorkshire HU16 4ND2
£95K12/200.54 mi292, Endike Lane, Hull, City Of Kingston Upon Hull HU6 8DN2
£103K07/230.55 mi26, Ellerburn Avenue, Hull, City Of Kingston Upon Hull HU6 8EJ2
£180K04/210.55 mi12, Cleminson Gardens, Cottingham, East Riding Of Yorkshire HU16 4RW2
£70K07/230.57 mi46, 22nd Avenue, Hull, City Of Kingston Upon Hull HU6 9LR2
£130K11/210.6 mi27, Cornwall Street, Cottingham, East Riding Of Yorkshire HU16 4NB2
£116K01/210.6 mi13, Cornwall Street, Cottingham, East Riding Of Yorkshire HU16 4NB2
£127.5K08/210.6 mi7, Cornwall Street, Cottingham, East Riding Of Yorkshire HU16 4NB2
£115.7K06/220.61 mi9, Cornwall Street, Cottingham, East Riding Of Yorkshire HU16 4NB2
£80K11/200.62 mi224, Greenwood Avenue, Hull, City Of Kingston Upon Hull HU6 9RT2
£75K04/230.66 mi130, 21st Avenue, Hull, City Of Kingston Upon Hull HU6 8HD2
£145K01/210.67 mi327a, Endike Lane, Hull, City Of Kingston Upon Hull HU6 8DX2
£155K11/210.7 mi45, Exeter Street, Cottingham, East Riding Of Yorkshire HU16 4LU2
£190K12/200.7 mi66, Exeter Street, Cottingham, East Riding Of Yorkshire HU16 4LU2
£68K12/200.76 mi42, 16th Avenue, Hull, City Of Kingston Upon Hull HU6 9JP2
£287.5K09/210.77 mi44, Hornbeam Drive, Cottingham, East Riding Of Yorkshire HU16 4RU2
£240K08/230.77 mi26, Hornbeam Drive, Cottingham, East Riding Of Yorkshire HU16 4RU2
£70K12/200.77 mi1, 23rd Avenue, Hull, City Of Kingston Upon Hull HU6 8HP2
£100K06/210.78 mi9, Oakfield Court, Hull, City Of Kingston Upon Hull HU6 8QF2
£100K01/210.78 mi27, Oakfield Court, Hull, City Of Kingston Upon Hull HU6 8QF2

Local Rents

15 rents from £595/mo to £925/mo, average is £770/mo.

RentDateDistanceAddressBeds 
£60504/240.33 mi-2
£60005/240.39 miHainsworth Park, Hull, HU62
£64904/250.48 mi-2
£77004/240.5 mi-2
£75001/250.5 mi-2
£59504/250.69 mi-2
£89005/240.8 miDane Park, Hull, HU62
£91505/240.8 miDane Park, Hull, HU62
£83504/240.81 miDane Park, Hull, HU62
£83505/240.81 miDane Park, Hull, HU62
£85004/240.82 miDane Park, Hull, HU62
£72504/241.14 miFinkle Street, Cottingham2
£65004/241.16 mi, HU162
£78011/241.21 mi-2
£92504/241.23 miApartment 5, 36 Newland Park2

Local Area Statistics

Population in HU6

33,515

Population in Hull

313,622

Town centre distance

1.78 miles away

Nearest school

0.20 miles away

Nearest train station

0.65 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Seller's market

Capital growth (5yrs)

+30%

Property History

Listed for £95,000

February 17, 2025

Floor Plans

Description

Nestled in the charming area of Chadcourt, this delightful end terrace house presents an excellent opportunity for both first-time buyers and savvy investors, given the high rental demand in the locality. The property is conveniently located just off Endyke Lane, ensuring easy access to well-regarded schools and a variety of local amenities. Additionally, it is a mere short drive from Kingswood Retail Park, which boasts a supermarket, a cinema, and an array of retail outlets and restaurants, making it an ideal spot for modern living.

The generous hallway, currently utilised as a beauty room, offers versatility and could easily be transformed into a home office, catering to the needs of today’s lifestyle. The generous lounge/diner and the modern kitchen with breakfast area off, complete the ground floor. This first floor features two spacious double bedrooms, providing ample space for relaxation and rest as well as the stylish family bathroom.

Furthermore, the property includes a garage, ensuring off-street parking for your convenience. This end terrace home not only offers comfort and practicality but also the potential for a rewarding investment in a thriving community. With its appealing location and thoughtful layout, this property is a must-see for anyone looking to make their mark in the housing market.

Ground Floor -

Breakfast Area - 2.41m max x 1.55m max (7'11 max x 5'1 max) -

Kitchen - 3.89m max x 2.29m max (12'9 max x 7'6 max ) - With a range of eye level and base level units with complementing work surfaces, sink and drainer unit, electric cooker, gas hob, space for fridge-freezer, plumbing for washing machine, plumbing for dishwasher.

Lounge/Diner - 6.35m max x 3.02m max (20'10 max x 9'11 max) - with gas fire

Internal Hall - with stairs to first floor

Hallway/Office - 3.20m max x 1.60m max (10'6 max x 5'3 max) - currently used as a beauty room, with door to rear garden.

First Floor -

Bedroom 1 - 5.05m max x 2.57m max (16'7 max x 8'5 max) - with storage cupboard

Bedroom 2 - 3.66m max x 2.87m max (12' max x 9'5 max) -

Bathroom - With low-level WC, pedestal handbasin, panelled bath with overhead shower, heated towel rail, floor to ceiling tiles.

Outside - The front of the property is mainly laid with gravel.
The rear garden is mainly paved with an area laid with artificial grass and a garage with vehicular access via the rear.

Central Heating - The property has the benefit of gas central heating (not tested).

Double Glazing - The property has the benefit of double glazing.

Tenure - Symonds + Greenham have been informed that this property is Freehold.

Council Tax Band - Symonds + Greenham have been informed that this property is in Council Tax Band A.

Disclaimer - Symonds + Greenham do their utmost to ensure all the details advertised are correct however any viewer or potential buyer are advised to conduct their own survey prior to making an offer.

Viewings - Please contact Symonds + Greenham on to arrange a viewing on this property.

Agent Details

Symonds & Greenham, Hull

01482 425034

Next Steps?

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