3 Bed Semi-Detached House, Refurb/BRRR, Hull, HU9 2AU, £130,000

Kent Close, East Hull, HU9 2AU - 1 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 3%
~93 m²
+4 photos

ValuationUndervalued

Sold Prices£50K - £273.5K
Sold Prices/m²£619/m² - £3.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.4K/m²

Value Estimate

£133,900
BMV3%

 

 

End Value (After Refurb)

£141,640

Uplift in Value

+9%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Refurb Costs

£37,200

Bridging Loan Interest

£3,413

Total Cash In

£79,963

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£141,640

Mortgage (After Refinance)

£106,230

Mortgage LTV

75%

Cash Released

£8,730

Cash Left In

£71,233

Equity

£35,410

Rent Range

£625 - £2,973

Rent Estimate

£855

Running Costs/mo

£634

Cashflow/mo

£221

Cashflow/yr

£2,657

ROI

3%

Gross Yield

8%

Local Sold Prices

50 sold prices from £50K to £273.5K, average is £135K. £619/m² to £3.4K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£135K06/210.06 mi6, Wentworth Way, Hull, City Of Kingston Upon Hull HU9 2AX3
£145.5K10/200.19 mi34, Bannister Drive, Hull, City Of Kingston Upon Hull HU9 1EJ3
£90K10/210.19 mi49, Brazil Street, Hull, City Of Kingston Upon Hull HU9 1JR3
£93K04/210.19 mi9, Brazil Street, Hull, City Of Kingston Upon Hull HU9 1JR3
£141K06/220.25 mi1, Alderson Mews, Hull, City Of Kingston Upon Hull HU9 1EE3
£75K11/200.26 mi61, Sweet Dews Grove, Hull, City Of Kingston Upon Hull HU9 2EW3
£52K01/210.28 mi61, New Bridge Road, Hull, City Of Kingston Upon Hull HU9 2RB3
£155K10/200.35 mi57, Navigation Way, Hull, City Of Kingston Upon Hull HU9 1SW3
£175K02/210.35 mi2, Navigation Way, Hull, City Of Kingston Upon Hull HU9 1SW3
£88K04/230.38 mi17, Sherburn Street, Hull, City Of Kingston Upon Hull HU9 2LA3
£90K03/210.38 mi43, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TF3
£240K01/210.38 mi1, Bridgegate Drive, Hull, City Of Kingston Upon Hull HU9 1SY3
£190K06/230.38 mi14, Bridgegate Drive, Hull, City Of Kingston Upon Hull HU9 1SY3
£50K04/210.39 mi120, New Bridge Road, Hull, City Of Kingston Upon Hull HU9 2NH3
£71.8K10/210.43 mi141, New Bridge Road, Hull, City Of Kingston Upon Hull HU9 2LP3
£112.5K03/210.45 mi19, Middleham Close, Hull, City Of Kingston Upon Hull HU9 2RN3
£130K06/230.45 mi99, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TE3
£125K11/200.45 mi97, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TE3
£91K11/200.46 mi57, Barnsley Street, Hull, City Of Kingston Upon Hull HU8 7SZ3
£260K03/220.47 mi6, Corinthian Way, Hull, City Of Kingston Upon Hull HU9 1UF3
£165K04/230.47 mi26, Sailors Wharf, Hull, City Of Kingston Upon Hull HU9 1UJ3
£236.5K06/220.47 mi16, Corinthian Way, Hull, City Of Kingston Upon Hull HU9 1UF3
£257K01/220.47 mi14, Helm Drive, Hull, City Of Kingston Upon Hull HU9 1UH3
£225K03/210.48 mi16, Helm Drive, Hull, City Of Kingston Upon Hull HU9 1UH3
£190K05/230.48 mi4, Charlestown Way, Hull, City Of Kingston Upon Hull HU9 1PJ3
£146K05/210.48 mi30, Charlestown Way, Hull, City Of Kingston Upon Hull HU9 1PJ3
£162K08/210.48 mi52, Charlestown Way, Hull, Humberside HU9 1PJ3
£273.5K09/220.49 mi27, Corinthian Way, Hull, City Of Kingston Upon Hull HU9 1UF3
£124K10/210.51 mi34, Durham Street, Hull, Humberside HU8 8RE3
£115K04/210.51 mi60, Durham Street, Hull, City Of Kingston Upon Hull HU8 8RE3
£120K05/230.51 mi25, Durham Street, Hull, City Of Kingston Upon Hull HU8 8RE3
£160K07/210.51 mi1, Hales Entry, Hull, City Of Kingston Upon Hull HU9 1PY3
£72K04/230.51 mi112, Severn Street, Hull, City Of Kingston Upon Hull HU8 8TQ3
£230K12/200.52 mi39, Harbour Way, Hull, City Of Kingston Upon Hull HU9 1PL3
£257K11/210.52 mi32, Harbour Way, Hull, City Of Kingston Upon Hull HU9 1PL3
£150K05/210.55 mi21, Galleon Court, Hull, City Of Kingston Upon Hull HU9 1QF3
£135K11/210.56 mi97, Jalland Street, Hull, Humberside HU8 8RA3
£112K03/210.56 mi19, Jalland Street, Hull, City Of Kingston Upon Hull HU8 8RA3
£96K05/210.56 mi123, Barnsley Street, Hull, City Of Kingston Upon Hull HU8 7SF3
£135K12/210.58 mi14, Jalland Street, Hull, City Of Kingston Upon Hull HU8 8RB3
£180K07/230.59 mi8, Lock Keepers Court, Hull, City Of Kingston Upon Hull HU9 1QH3
£192.5K02/210.59 mi28, Lock Keepers Court, Hull, City Of Kingston Upon Hull HU9 1QH3
£125K05/210.6 mi37, James Niven Court, Hull, City Of Kingston Upon Hull HU9 3AQ3
£110K06/210.61 mi148, Rustenburg Street, Hull, City Of Kingston Upon Hull HU9 2PP3
£78K11/200.61 mi136, Rustenburg Street, Hull, City Of Kingston Upon Hull HU9 2PP3
£130K10/210.62 mi229, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TD3
£135K03/210.62 mi235, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TD3
£135K05/230.62 mi17, Southcoates Lane, Hull, City Of Kingston Upon Hull HU9 3AA3
£210K05/230.64 mi66, Village Road, Hull, City Of Kingston Upon Hull HU8 8QT3
£130K02/230.65 mi167, Steynburg Street, Hull, City Of Kingston Upon Hull HU9 2PG3

Local Rents

29 rents from £625/mo to £3K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£70012/240.23 mi-3
£85004/250.29 mi-3
£85005/240.3 mi-3
£85212/240.3 mi-3
£2,97302/250.3 mi-3
£75005/240.3 mi-3
£72505/240.34 miSherburn Street, Hull3
£70003/250.35 mi-3
£85005/240.35 mi72 Navigation Way, HU9 1SW3
£69512/240.39 mi-3
£1,10003/250.4 mi-3
£85003/250.4 mi-3
£75004/250.4 mi-3
£69512/240.41 mi-3
£79505/240.45 miSevern Street, Hull3
£75002/240.49 mi-3
£79505/240.51 miSevern Street, HULL3
£69505/240.53 miMersey St, Hull, HU83
£70004/240.56 miRustenburg Street, Hull, HU93
£79505/240.56 miJalland Street, Hull, HU83
£79505/240.57 mi29 Maldon Drive3
£79504/240.59 miMersey Street, Hull3
£85004/240.59 miLockkeepers Court, Hull, HU9 1QH3
£65005/240.6 miBarnsley Street, HU83
£75004/240.6 mi-3
£77512/240.6 mi-3
£62503/240.6 miJames Niven Court, Hull, East Riding Of Yorkshire, HU93
£72505/240.61 miLancelot Court, Hull, East Riding of Yorkshire, HU93
£69504/240.62 miLancelot Court, Hull, HU93

Local Area Statistics

Population in HU9

40,948

Population in Hull

313,622

Town centre distance

2.13 miles away

Nearest school

0.20 miles away

Nearest train station

1.46 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £130,000

February 17, 2025

Floor Plans

Description

  • 3 Bedroom Semi-Detached Family Home +
  • Modernisation/Refurbishment Needed +
  • Great Project With Scope To Enhance/Improve +
  • South Facing Rear Garden +
  • Side Drive Parking & Garage +
  • EPC - TBC, Council Tax Band - B, Tenure - Freehold +

Situated in this cul-de-sac position close to a wide range of amenities and offering great scope to improve is this 3 bedroom semi-detached family home. The property is ready for a program of modernisation/refurbishment but would make a great project and ideally suit a young family who want to make a home their own. The property is double glazed and centrally heated and the internal layout briefly comprises an entrance hallway, lounge, kitchen/diner, garden room and at first floor there are 3 bedrooms and a shower room. The property is located on a nice size plot with a south facing rear garden, side drive and single garage. Offered to the market with no onward chain!

Agent Details

Oscars, Hull

01482 446644

Next Steps?

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