2 Bed Terraced House, Single Let, Hull, HU9 2JH, £55,000

Crossland Avenue, Holland Street, Hull, HU9 2JH - 2 views - 2 months ago

Auction
BTL
ROI: 15%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£50K - £136K
Sold Prices/m²£619/m² - £2.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£808/m²

Value Estimate

£67,100
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£13,750

Stamp Duty & Legal Fees

£2,850

Total Cash In

£16,600

 

 

Cash Out

 

Rent Range

£417 - £2,375

Rent Estimate

£499

Running Costs/mo

£292

Cashflow/mo

£207

Cashflow/yr

£2,488

ROI

15%

Gross Yield

11%

Local Sold Prices

50 sold prices from £50K to £136K, average is £75K. £619/m² to £2.7K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£96K02/230.05 mi71, Victor Street, Hull, City Of Kingston Upon Hull HU9 2EX2
£64K11/200.07 mi44, Holland Street, Hull, City Of Kingston Upon Hull HU9 2JB2
£67.5K11/200.07 mi65, New Bridge Road, Hull, Humberside HU9 2RB2
£65K05/230.13 mi25, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TG2
£77K04/230.13 mi15, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TG2
£52K11/200.17 mi73, Belmont Street, Hull, City Of Kingston Upon Hull HU9 2RH2
£62.5K04/210.17 mi89, Belmont Street, Hull, Humberside HU9 2RH2
£70K12/210.17 mi99, Belmont Street, Hull, City Of Kingston Upon Hull HU9 2RH2
£80K01/230.19 mi21, Middleburg Street, Hull, City Of Kingston Upon Hull HU9 2QN2
£57K01/210.2 mi61, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TF2
£70K07/210.21 mi60, Belmont Street, Hull, City Of Kingston Upon Hull HU9 2RL2
£86K07/230.21 mi80, Belmont Street, Hull, City Of Kingston Upon Hull HU9 2RL2
£88.5K06/230.22 mi38, Mersey Street, Hull, City Of Kingston Upon Hull HU8 8SG2
£62.5K02/230.25 mi86, Estcourt Street, Hull, City Of Kingston Upon Hull HU9 2RR2
£52K03/210.25 mi2, Dene Street, Hull, City Of Kingston Upon Hull HU9 2LX2
£90.5K01/230.27 mi21, Staxton Court, Hull, City Of Kingston Upon Hull HU9 2RW2
£136K02/230.28 mi29, Kent Close, Hull, City Of Kingston Upon Hull HU9 2AU2
£70K03/210.28 mi191, Belmont Street, Hull, City Of Kingston Upon Hull HU9 2RJ2
£70K11/200.28 mi115, Belmont Street, Hull, City Of Kingston Upon Hull HU9 2RJ2
£59K02/210.28 mi111, Belmont Street, Hull, City Of Kingston Upon Hull HU9 2RJ2
£105K01/210.28 mi30, Kent Close, Hull, City Of Kingston Upon Hull HU9 2AU2
£51K12/200.28 mi111, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TE2
£95K10/210.29 mi97, Steynburg Street, Hull, City Of Kingston Upon Hull HU9 2PE2
£75K03/210.29 mi97, Steynburg Street, Hull, City Of Kingston Upon Hull HU9 2PE2
£80K09/210.29 mi49, Steynburg Street, Hull, City Of Kingston Upon Hull HU9 2PE2
£55.9K03/230.29 mi80, Wynburg Street, Hull, City Of Kingston Upon Hull HU9 2PB2
£80K02/230.29 mi57, Steynburg Street, Hull, City Of Kingston Upon Hull HU9 2PE2
£71K06/210.3 mi64, Severn Street, Hull, City Of Kingston Upon Hull HU8 8TQ2
£87.5K01/230.31 mi88, Rustenburg Street, Hull, City Of Kingston Upon Hull HU9 2PS2
£74.2K06/230.31 mi87, Rustenburg Street, Hull, City Of Kingston Upon Hull HU9 2PS2
£117.5K08/210.32 mi44, Jalland Street, Hull, City Of Kingston Upon Hull HU8 8RB2
£66.5K11/200.33 mi159, Estcourt Street, Hull, City Of Kingston Upon Hull HU9 2RS2
£75K03/230.33 mi159, Estcourt Street, Hull, City Of Kingston Upon Hull HU9 2RS2
£126K06/230.34 mi14, James Niven Court, Hull, City Of Kingston Upon Hull HU9 3AQ2
£55K12/220.36 mi145, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TA2
£60K12/200.36 mi76, Brazil Street, Hull, City Of Kingston Upon Hull HU9 1JZ2
£77K05/210.38 mi124, Severn Street, Hull, City Of Kingston Upon Hull HU8 8TH2
£110K03/230.42 mi107, Barnsley Street, Hull, City Of Kingston Upon Hull HU8 7SF2
£80K11/200.43 mi127, Durham Street, Hull, City Of Kingston Upon Hull HU8 8RQ2
£123K11/210.44 mi8, Bannister Drive, Hull, City Of Kingston Upon Hull HU9 1EJ2
£120K12/210.44 mi62, Bannister Drive, Hull, City Of Kingston Upon Hull HU9 1EJ2
£100K02/210.44 mi11, Bannister Drive, Hull, City Of Kingston Upon Hull HU9 1EJ2
£50K05/210.44 mi13, Berkshire Street, Hull, City Of Kingston Upon Hull HU8 8TJ2
£61K12/200.44 mi9, Berkshire Street, Hull, Humberside HU8 8TJ2
£75K04/210.45 mi48, Field Street, Hull, City Of Kingston Upon Hull HU9 1HS2
£65K03/230.46 mi177, Buckingham Street, Hull, City Of Kingston Upon Hull HU8 8TL2
£115K09/210.48 mi1, Dovedale Grove, Hull, City Of Kingston Upon Hull HU9 3UF2
£115K09/210.48 mi1, Dovedale Grove, Hull, City Of Kingston Upon Hull HU9 3UF2
£77K12/220.48 mi148, Buckingham Street, Hull, City Of Kingston Upon Hull HU8 8TL2
£128.5K03/210.49 mi48, Beech Avenue, Garden Village, Hull, City Of Kingston Upon Hull HU8 8QJ2

Local Rents

50 rents from £417/mo to £2.4K/mo, average is £600/mo.

RentDateDistanceAddressBeds 
£55004/240.03 miMables Villas, Holland Street, Hull2
£65002/240.04 mi-2
£70012/240.04 mi-2
£55004/240.04 miMables Villas, Holland Street, Hull, HU92
£55003/250.04 mi-2
£59504/250.08 mi-2
£57505/240.09 mi-2
£57504/240.09 miNew Bridge Road, Southcoates, Hull, HU9 2RF2
£57505/240.14 miAlbert Avenue, Hull, HU92
£57503/250.16 mi-2
£59502/250.16 mi-2
£62503/250.17 mi-2
£60005/240.17 mi-2
£62505/240.17 miJesmond Gardens, Hull2
£62506/240.19 miMiddleburg Street, Hull2
£57512/240.19 mi-2
£41704/240.2 mi-2
£55005/240.2 mi-2
£55004/240.21 miMiddleburg Street, HU92
£65004/250.21 mi-2
£65005/240.22 mi-2
£65004/240.22 miRensburg St, Hull, HU92
£60005/240.22 miMadoline Grove, Estcourt Street, Hull, East Yorkshire, HU92
£57505/240.22 mi9 Allendale, Middleburg Street, Newbridge Road, Hull,HU9 2QX2
£65002/250.22 mi-2
£50001/240.23 mi-2
£65004/240.23 mi-2
£63004/240.23 mi-2
£67504/250.23 mi-2
£65004/250.23 mi-2
£52504/240.24 mi5 Rosebury Villas, Rosmead Street, Hull, HU9 2TN2
£60012/240.24 mi-2
£62503/250.26 mi-2
£2,37502/240.26 mi-2
£70005/240.26 mi-2
£75004/250.26 mi-2
£60001/250.27 mi-2
£54504/240.27 mi-2
£47503/240.28 miBelmont Street, Hull, East Riding Of Yorkshire, HU92
£57509/240.28 mi-2
£59506/240.28 mi113 Rosmead Street, HU9 2TE2
£70002/250.29 mi-2
£75003/250.29 mi-2
£59505/240.29 mi4 Crompton Villas2
£64004/250.3 mi-2
£62503/250.3 mi-2
£60004/240.3 mi-2
£64001/250.3 mi-2
£64003/250.3 mi-2
£62505/240.3 miByland Court, Hull, East Riding Of Yorkshire, HU92

Local Area Statistics

Population in HU9

40,948

Population in Hull

313,622

Town centre distance

2.11 miles away

Nearest school

0.10 miles away

Nearest train station

1.64 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £55,000

February 24, 2025

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +
  • Subject to an undisclosed Reserve Price +
  • Buyers fees apply +
  • EXTENDED TWO BEDROOM MID-TERRACE +
  • POPULAR AND CONVENIENT LOCATION +
  • COUNCIL TAX BAND: A +
  • VIEWING HIGHLY ADVISED +

SUMMARY
Two bedroom mid-terraced home located in a popular and sought after cul de sac just off Holderness Road.

DESCRIPTION
This extended middle house briefly comprises open plan lounge / kitchen, lobby, ground floor bathroom, two bedrooms and an enclosed yard to the rear. Holland Street is situated off Holderness Road and therefore the house benefits from all of the varied amenities available.

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Lounge/Kitchen 22' 5" max into bay x 11' max into recess ( 6.83m max into bay x 3.35m max into recess )

Kitchen Area 

Rear Lobby 

Downstairs Bathroom 

Landing 

Bedroom 1 11' 1" max into recess x 10' 5" ( 3.38m max into recess x 3.17m )

Bedroom 2 9' 6" max x 8' 2" max ( 2.90m max x 2.49m max )

Front Garden 

Rear Yard 

DIRECTIONS
Please see below map, or for further information, please contact the residential sales team on .

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Hull Holderness Road

01482 251615

Next Steps?

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