2 Bed Terraced House, Single Let, Hull, HU8 8UB, £70,000

28 Alaska Street, Hull, HU8 8UB - 1 views - 2 months ago

BTL
ROI: 11%
69 m²
+1 photos

ValuationUndervalued

Sold Prices£50K - £150K
Sold Prices/m²£619/m² - £2.3K/m²

 

 

Square Metres

69 m²
Price/m²£1K/m²

Value Estimate

£79,332
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£3,300

Total Cash In

£20,800

 

 

Cash Out

 

Rent Range

£417 - £1,070

Rent Estimate

£535

Running Costs/mo

£346

Cashflow/mo

£189

Cashflow/yr

£2,271

ROI

11%

Gross Yield

9%

Local Sold Prices

50 sold prices from £50K to £150K, average is £95.5K. £619/m² to £2.3K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£72.5K02/210.03 mi127, Barnsley Street, Hull, City Of Kingston Upon Hull HU8 7SA2
£77.5K03/210.03 mi50, Endymion Street, Hull, City Of Kingston Upon Hull HU8 8TY2
£77K12/220.04 mi148, Buckingham Street, Hull, City Of Kingston Upon Hull HU8 8TL2
£65K03/230.04 mi177, Buckingham Street, Hull, City Of Kingston Upon Hull HU8 8TL2
£110K03/230.08 mi107, Barnsley Street, Hull, City Of Kingston Upon Hull HU8 7SF2
£50K05/210.09 mi13, Berkshire Street, Hull, City Of Kingston Upon Hull HU8 8TJ2
£61K12/200.09 mi9, Berkshire Street, Hull, Humberside HU8 8TJ2
£106.5K02/210.13 mi39, James Reckitt Avenue, Hull, City Of Kingston Upon Hull HU8 7TH2
£77K05/210.15 mi124, Severn Street, Hull, City Of Kingston Upon Hull HU8 8TH2
£50K09/210.15 mi13, Montrose Street, Hull, City Of Kingston Upon Hull HU8 7RU2
£80K11/200.19 mi127, Durham Street, Hull, City Of Kingston Upon Hull HU8 8RQ2
£128.5K03/210.2 mi48, Beech Avenue, Garden Village, Hull, City Of Kingston Upon Hull HU8 8QJ2
£145K10/210.22 mi149, James Reckitt Avenue, Hull, City Of Kingston Upon Hull HU8 7TJ2
£126K10/200.22 mi103, James Reckitt Avenue, Hull, City Of Kingston Upon Hull HU8 7TJ2
£71K06/210.22 mi64, Severn Street, Hull, City Of Kingston Upon Hull HU8 8TQ2
£120K08/210.26 mi4, Simpson Avenue, Hull, City Of Kingston Upon Hull HU8 8AS2
£131K11/200.31 mi19, Bibury Close, Hull, City Of Kingston Upon Hull HU8 8HQ2
£88.5K06/230.31 mi38, Mersey Street, Hull, City Of Kingston Upon Hull HU8 8SG2
£117.5K08/210.33 mi44, Jalland Street, Hull, City Of Kingston Upon Hull HU8 8RB2
£107.5K03/230.36 mi73, Woodhall Street, Hull, City Of Kingston Upon Hull HU8 8DU2
£90K08/210.36 mi73, Woodhall Street, Hull, City Of Kingston Upon Hull HU8 8DU2
£125K11/200.37 mi35, Ashendon Drive, Hull, City Of Kingston Upon Hull HU8 8DY2
£111K03/210.37 mi160, James Reckitt Avenue, Hull, City Of Kingston Upon Hull HU8 7TN2
£135K12/200.37 mi172, James Reckitt Avenue, Hull, City Of Kingston Upon Hull HU8 7TN2
£107K03/210.38 mi18, Woodhall Street, Hull, City Of Kingston Upon Hull HU8 8DS2
£64K11/200.42 mi44, Holland Street, Hull, City Of Kingston Upon Hull HU9 2JB2
£67K08/230.43 mi4, Kirkstead Street, Hull, City Of Kingston Upon Hull HU8 8DR2
£65K08/210.45 mi7, Kathleen Road, Hull, City Of Kingston Upon Hull HU8 8EB2
£52K03/210.48 mi2, Dene Street, Hull, City Of Kingston Upon Hull HU9 2LX2
£96K02/230.49 mi71, Victor Street, Hull, City Of Kingston Upon Hull HU9 2EX2
£107K03/230.49 mi11, Wordsworth Street, Hull, City Of Kingston Upon Hull HU8 8LT2
£128K03/230.52 mi22, Brendon Avenue, Hull, City Of Kingston Upon Hull HU8 8JE2
£80K04/230.53 mi6, Whitby Street, Hull, City Of Kingston Upon Hull HU8 7HN2
£104K10/200.54 mi16, Camborne Grove, Hull, City Of Kingston Upon Hull HU8 8HX2
£95K04/210.54 mi15, Camborne Grove, Hull, City Of Kingston Upon Hull HU8 8HX2
£106K01/210.54 mi113, Lee Street, Hull, City Of Kingston Upon Hull HU8 8NW2
£97K04/210.54 mi123, Lee Street, Hull, City Of Kingston Upon Hull HU8 8NW2
£150K09/210.55 mi11, Dornoch Drive, Hull, City Of Kingston Upon Hull HU8 8JL2
£115K04/210.55 mi32, Dornoch Drive, Hull, City Of Kingston Upon Hull HU8 8JL2
£60K12/200.55 mi76, Brazil Street, Hull, City Of Kingston Upon Hull HU9 1JZ2
£103K02/230.55 mi123, Lee Street, Hull, City Of Kingston Upon Hull HU8 8NW2
£67.5K11/200.56 mi65, New Bridge Road, Hull, Humberside HU9 2RB2
£67K02/230.58 mi92, Egton Street, Hull, City Of Kingston Upon Hull HU8 7HS2
£103.3K06/210.59 mi79, Brendon Avenue, Hull, City Of Kingston Upon Hull HU8 8JF2
£103.3K06/210.59 mi79, Brendon Avenue, Hull, City Of Kingston Upon Hull HU8 8JF2
£65K07/230.59 mi68, Mayville Avenue, Hull, City Of Kingston Upon Hull HU8 8EZ2
£112K02/210.59 mi54, Rockford Avenue, Hull, City Of Kingston Upon Hull HU8 8JB2
£83K12/200.6 mi13, Pendeen Grove, Hull, City Of Kingston Upon Hull HU8 8HY2
£55.9K03/230.6 mi80, Wynburg Street, Hull, City Of Kingston Upon Hull HU9 2PB2
£75K04/210.6 mi48, Field Street, Hull, City Of Kingston Upon Hull HU9 1HS2

Local Rents

50 rents from £417/mo to £1.1K/mo, average is £595/mo.

RentDateDistanceAddressBeds 
£56502/240.01 mi-2
£55006/240.02 mi-2
£55005/240.02 miEast Ridings Of Yorkshire, East Ridings Of Yorkshire, HU82
£55004/240.02 mi-2
£55002/240.03 mi-2
£55003/250.03 mi-2
£57504/240.03 miAlaska Street, Hull, East Riding of Yorkshi, HU82
£59501/240.03 mi-2
£59502/240.03 mi-2
£62505/240.04 miEndymion Street, Hull2
£75006/240.04 miBuckingham Street, HULL2
£59506/240.06 miEddlethorpe, Buckingham Street, Hull2
£55005/240.06 miEndymion Street, Hull2
£59512/240.07 mi-2
£59502/250.07 mi-2
£77502/250.07 mi-2
£72502/250.07 mi-2
£59505/240.08 mi-2
£59505/240.08 mi-2
£59504/240.08 miBuckingham Street, Hull, HU82
£1,07004/250.08 mi-2
£62506/240.14 miSevern Street, Hull2
£57505/240.15 miSevern Street, HULL2
£55004/240.17 mi-2
£60012/240.17 mi-2
£59505/240.17 miDamson Lane North, Garden Village, Hull, HU8 7RR2
£55005/240.17 miDansom Lane North, HULL2
£90004/250.23 mi-2
£64005/240.24 mi-2
£57509/240.25 mi-2
£64004/250.25 mi-2
£64005/240.28 mi-2
£64001/250.29 mi-2
£64003/250.29 mi-2
£65004/250.3 mi-2
£50001/240.3 mi-2
£41704/240.36 mi-2
£75005/240.37 miAshendon Drive, Hull2
£57505/240.44 mi5 Kirkstead Avenue2
£67505/240.47 miKathleen Road, HU82
£62505/240.47 miJesmond Gardens, Hull2
£62503/250.47 mi-2
£54504/240.49 mi-2
£55004/240.5 miMables Villas, Holland Street, Hull2
£55004/240.5 miMables Villas, Holland Street, Hull, HU92
£65002/240.5 mi-2
£70012/240.5 mi-2
£60001/250.5 mi-2
£60006/240.5 miAbbey Street, HULL2
£52505/240.52 miFerndale, Redcar St, Hull, HU82

Local Area Statistics

Population in HU8

34,175

Population in Hull

313,622

Town centre distance

1.67 miles away

Nearest school

0.10 miles away

Nearest train station

1.49 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Seller's market

Capital growth (5yrs)

+16%

Property History

Listed for £70,000

February 20, 2025

Description

  • Two Bedroom Mid Terrace House +
  • Entrance Lobby +
  • Front Facing Lounge +
  • Dining Area with Stairs off +
  • Kitchen with Oven and Hob +
  • Rear Lobby with Ground Floor Bathroom +
  • First Floor with Two Bedrooms +
  • Small Yard Area +
  • Viewing Via Leonards +

Two bedroom mid terrace house, located off Endymion Street off James Reckitt Avenue. The property has been freshened up and comprises:- Entrance lobby with access to lounge, dining area, kitchen, rear lobby, ground floor bathroom, first floor with two bedrooms. Small yard areas. Viewing via Leonards.

Location - Located off Endymion Street, off James Reckitt Avenue the property is located within a short commute of Holderness Road and the Mount Pleasant Retail Park.

Entrance - Main sliding front entrance door provides access into the lobby area. Inner single glazed door leads to:

Lounge - 3.805m x 3.891m (12'5" x 12'9") - Window to the front elevation, wooden effect flooring, fire surround with electric fire and radiator.

Dining Area - 3.002m + stairs x 3.523m (9'10" + stairs x 11'6") - Stairs lead off to the first floor accommodation with under stairs cupboard. Window to the rear elevation, radiator, wooden effect flooring and open plan access into:

Kitchen - 1.875m x 1.880m (6'1" x 6'2") - Containing a range of base and wall units, work surfaces with single drainer unit. Appliances of electric oven with gas hob and hood over, space for free standing appliances, window to the side elevation and part tiled walls.

Rear Lobby - Side entrance door.

Ground Floor Bathroom - 1.846m x 1.741m (6'0" x 5'8") - Suite of bath with mains plumbed shower over, wash hand basin and WC. Window to the side elevation, radiator and part tiled walls.

First Floor - Access to roof void.

Bedroom One - 3.446m + recess x 3.052m (11'3" + recess x 10'0") - Window to the front elevation, radiator and wooden effect flooring.

Bedroom Two - 2.897m x 3.067m (9'6" x 10'0") - Window to the rear elevation, radiator and wooden effect flooring.

Outside - There is a small forecourt and rear yard area.

Energy Performance Certificate - The current energy rating on the property is D (57).

Mortgage Advice - UK Moneyman Limited is now Leonards preferred partner to offer independent mortgage advice for the purchase of this or any other residential property. As a reputable Licensed credit broker, UK Moneyman will carry out a comprehensive search of a wide range of mortgage offers tailored to suit your particular circumstances, with the aim of saving you both time and money. Customers will receive a free mortgage appointment with a qualified Advisor. Written quotations on request. Call us today on or visit our website to arrange your free, no obligation mortgage appointment. We may receive a fee if you use UK Moneyman Limited’s services. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.

Tenure - The tenure of this property is Freehold.

Referral Fees - As part of our service, we often recommend buyers and sellers to our local conveyancing providers, namely Jane Brooks Law, Graham & Rosen and Brewer Wallace whereby we will obtain from them on your behalf a quotation. It is at your discretion whether you choose to engage the services of the provider that we recommend. Should you do so, you should know that we would expect to receive from them a referral fee of £104.17 + VAT (£125.00 including VAT) from Jane Brooks Law or £104.17 + VAT (£125 including VAT) from Graham & Rosen or £100.00 +VAT (£120.00 including VAT) from Brewer Wallace for each successful completion transaction for recommending you to them. We will also have a mortgage referral arrangement with Hull Moneyman for which we will receive a fee based on the procuration fee they receive. We also receive a referral fee for survey instructions passed to Graham Gibbs Associates of £20 + VAT (£24 including VAT).

Viewings - Strictly through the sole agents Leonards /

Services - The mains services of water, gas and electric are connected. None of the services or appliances including boilers, fires and any room heaters have been tested.

For mobile/broadband coverage, prospective occupants are advised to check the Ofcom website:-

Purchaser Outgoings - From internet enquiries with the Valuation Office website the property has been placed in Band A for Council Tax purposes. Local Authority Reference Number 9. Local Authority Reference Number. Prospective buyers should check this information before making any commitment to take up a purchase of the property.

Free Sales Market Appraisal/Valuation - Thinking of selling your house, or presently on the market and not yet achieved a sale or the level of interest you expected*? Then why not contact Leonards for a free independent market appraisal for the sale of your property? We have many years of experience and a proven track record in the selling of properties throughout the city of Hull and the East Riding of Yorkshire. *Where your property is presently being marketed by another agent, please check you agency agreement for any early termination costs or charges which may apply.

Agent Details

Leonards, Hull

01482 425028

Next Steps?

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