3 Bed Terraced House, Refurb/BRRR, Hull, HU3 6EA, £90,000

Sandringham Street, Hull, HU3 6EA - 2 views - a month ago

Refurb/BRRR
ROI: 6%
~93 m²
+10 photos

ValuationFair Value

Sold Prices£57K - £185.5K
Sold Prices/m²£615/m² - £1.9K/m²

 

 

Square Metres

~93 m²
Price/m²£968/m²

Value Estimate

£90,900

 

 

End Value (After Refurb)

£84,273

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£3,900

Refurb Costs

£37,371

Bridging Loan Interest

£2,363

Total Cash In

£67,884

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£84,273

Mortgage (After Refinance)

£63,205

Mortgage LTV

75%

Cash Left In

£67,884

Equity

£21,068

Rent Range

£595 - £1,900

Rent Estimate

£780

Running Costs/mo

£439

Cashflow/mo

£341

Cashflow/yr

£4,088

ROI

6%

Gross Yield

10%

Local Sold Prices

50 sold prices from £57K to £185.5K, average is £101.3K. £615/m² to £1.9K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£58K11/200.07 mi49, Arthur Street, Hull, City Of Kingston Upon Hull HU3 6BJ3
£90K12/200.07 mi38, St Georges Road, Hull, City Of Kingston Upon Hull HU3 6EJ3
£90K12/220.07 mi28, St Georges Road, Hull, City Of Kingston Upon Hull HU3 6EJ3
£57K12/220.08 mi35, Arthur Street, Hull, City Of Kingston Upon Hull HU3 6BH3
£67K04/210.1 mi59, St Georges Road, Hull, City Of Kingston Upon Hull HU3 6EE3
£85K11/200.15 mi96, Plane Street, Hull, City Of Kingston Upon Hull HU3 6BX3
£110K01/230.15 mi40, Plane Street, Hull, City Of Kingston Upon Hull HU3 6BX3
£77K12/200.16 mi116, Plane Street, Hull, City Of Kingston Upon Hull HU3 6BY3
£110K01/210.19 mi52, Clairbrook Close, Hull, City Of Kingston Upon Hull HU3 3QQ3
£105K08/210.19 mi30, Melrose Street, Hull, City Of Kingston Upon Hull HU3 6ES3
£67K04/210.2 mi28, Glasgow Street, Hull, City Of Kingston Upon Hull HU3 3PR3
£125K03/230.2 mi73, Melrose Street, Hull, City Of Kingston Upon Hull HU3 6ET3
£111K02/230.21 mi138, St Georges Road, Hull, City Of Kingston Upon Hull HU3 3QE3
£87K11/210.22 mi9, Selby Street, Hull, City Of Kingston Upon Hull HU3 3PB3
£105K06/210.23 mi63, Glencoe Street, Hull, City Of Kingston Upon Hull HU3 6HR3
£95K02/230.24 mi3, Dorado Close, Hull, City Of Kingston Upon Hull HU3 3QR3
£85K07/230.24 mi110, Somerset Street, Hull, City Of Kingston Upon Hull HU3 3QG3
£70K01/230.25 mi9, Acland Street, Hull, City Of Kingston Upon Hull HU3 6QQ3
£105K03/230.25 mi76, Greek Street, Hull, City Of Kingston Upon Hull HU3 6DE3
£87K11/200.29 mi569, Anlaby Road, Hull, City Of Kingston Upon Hull HU3 6SH3
£60K07/230.33 mi136, Somerset Street, Hull, City Of Kingston Upon Hull HU3 3QH3
£150K02/230.33 mi65, Hawthorn Avenue, Hull, City Of Kingston Upon Hull HU3 5PA3
£135K07/220.34 mi8, Littlebeck Close, Hull, City Of Kingston Upon Hull HU3 6NQ3
£82K11/200.35 mi96, Alliance Avenue, Hull, City Of Kingston Upon Hull HU3 6QX3
£73.5K01/210.35 mi145, Alliance Avenue, Hull, Humberside HU3 6QU3
£118K06/230.35 mi131, Alliance Avenue, Hull, City Of Kingston Upon Hull HU3 6QU3
£97K03/210.35 mi138, De La Pole Avenue, Hull, City Of Kingston Upon Hull HU3 6RQ3
£118K11/200.36 mi110, Hawthorn Avenue, Hull, City Of Kingston Upon Hull HU3 5PY3
£150K01/230.36 mi14, Parkfield Drive, Hull, City Of Kingston Upon Hull HU3 6TB3
£95K12/220.37 mi19, Ena Street, Hull, City Of Kingston Upon Hull HU3 2TG3
£132K09/220.37 mi11, Edinburgh Street, Hull, City Of Kingston Upon Hull HU3 5AP3
£163K03/230.37 mi60, Springfield Road, Hull, City Of Kingston Upon Hull HU3 6TH3
£80K01/230.4 mi31, Queensgate Street, Hull, City Of Kingston Upon Hull HU3 2TT3
£174K02/230.41 mi73, Parkfield Drive, Hull, City Of Kingston Upon Hull HU3 6TF3
£185.5K04/230.41 mi77, Parkfield Drive, Hull, City Of Kingston Upon Hull HU3 6TF3
£165K03/230.41 mi71, Parkfield Drive, Hull, City Of Kingston Upon Hull HU3 6TF3
£133.5K03/210.41 mi14, Parkfield Drive, Hull, City Of Kingston Upon Hull HU3 6TB3
£120K03/210.41 mi18, Parkfield Drive, Hull, City Of Kingston Upon Hull HU3 6TB3
£120K03/210.41 mi65, Boulevard, Hull, City Of Kingston Upon Hull HU3 2UD3
£96K03/210.41 mi32, Gordon Street, Hull, City Of Kingston Upon Hull HU3 3HN3
£133K07/210.41 mi52, Northfield Road, Hull, City Of Kingston Upon Hull HU3 6TL3
£100K12/200.45 mi5, Woldcarr Road, Hull, City Of Kingston Upon Hull HU3 6TP3
£130K06/230.48 mi33, Woldcarr Road, Hull, City Of Kingston Upon Hull HU3 6TP3
£86K10/200.49 mi172, Coltman Street, Hull, City Of Kingston Upon Hull HU3 2SQ3
£102.5K11/200.5 mi3, Airmyn Avenue, Hull, City Of Kingston Upon Hull HU3 6UD3
£128K11/200.51 mi7, Brockton Close, Hull, City Of Kingston Upon Hull HU3 5QH3
£77K06/230.51 mi68, Kings Bench Street, Hull, City Of Kingston Upon Hull HU3 2TX3
£74K06/230.51 mi67, Cholmley Street, Hull, City Of Kingston Upon Hull HU3 3DN3
£155K03/210.53 mi1, Callerton Street, Hull, City Of Kingston Upon Hull HU3 5BH3
£80K09/210.54 mi21, Brougham Street, Hull, City Of Kingston Upon Hull HU3 6PX3

Local Rents

36 rents from £595/mo to £1.9K/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£97511/230.03 mi-3
£82503/250.03 mi-3
£78512/230.05 mi-3
£65004/240.07 mi-3
£68511/230.18 mi-3
£80003/250.19 mi-3
£97504/240.19 mi-3
£79504/240.2 miMelrose Street, Hull, HU3 6ET3
£79505/240.2 miMelrose Street, Hull, HU3 6ET3
£89504/240.24 mi-3
£89505/240.24 mi-3
£89505/240.24 miA De La Pole Avenue, Hull, HU33
£69503/250.24 mi-3
£72505/240.24 mi-3
£72504/240.24 miAlbert Avenue, Hull, HU33
£69503/250.28 mi-3
£65004/240.34 miNorthfield Road, Hull, East Riding of Yorkshire, HU33
£80002/250.38 mi-3
£59505/240.39 miQueensgate Street, Hull, East Riding Of Yorkshire, HU33
£89504/240.4 miParkfield Drive, Hull3
£75002/250.42 mi-3
£85003/250.47 mi-3
£95003/250.47 mi-3
£72503/250.48 mi-3
£82501/250.51 mi-3
£85012/240.51 mi-3
£82505/240.51 mi-3
£79504/240.52 mi-3
£99801/250.54 mi-3
£1,90003/250.54 mi-3
£65005/240.56 miSpring Bank West, Hull, HU33
£65005/240.56 mi-3
£75003/250.58 mi-3
£62505/240.6 miDivision Road, Hull, HU33
£62505/240.6 mi-3
£1,50003/250.62 mi-3

Local Area Statistics

Population in HU3

26,648

Population in Hull

313,622

Town centre distance

1.54 miles away

Nearest school

0.10 miles away

Nearest train station

1.18 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-3%

Sales demand

Seller's market

Capital growth (5yrs)

+11%

Property History

Listed for £90,000

February 26, 2025

Description

  • Mid-Terraced +
  • 3 Bedrooms +
  • 2 Reception Rooms +
  • NO CHAIN +
  • Freehold +

Offers in Excess of £90,000

This mid-terraced property presents an exciting opportunity for renovation enthusiasts or investors looking to create a stunning family home. Situated in a convenient location, the property features two spacious reception rooms and a kitchen/diner on the ground floor.

On the first floor, you will find three well-proportioned bedrooms, each offering a blank canvas for your design ideas. The bathroom, while functional, also requires modernisation to meet contemporary standards. Outside, the property boasts a rear yard, providing a private outdoor space that can be transformed into a lovely garden or patio area.

With its excellent layout and potential for improvement, this property is ideal for those looking to invest time and creativity into a refurbishment project, turning it into a beautiful home or rental opportunity.

Situated close to local amenities, shops and schools such as St George's Primary School and The Boulevard Academy. There are excellent bus routes to and from the Hull City Centre and surrounding areas such as Anlaby and Hessle. The famous Stadiums of Hull City Football Club and Hull FC Rugby Club are just a short distance walk.

Agent Details

Wigwam Homes, Hull

01482 251836

Next Steps?

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