2 Bed Terraced House, Refurb/BRRR, Hull, HU8 9QE, £90,000

Frome Road, Hull, HU8 9QE - 1 views - a month ago

Refurb/BRRR
ROI: 4%
~68 m²
+12 photos

ValuationFair Value

Sold Prices£63.5K - £280K
Sold Prices/m²£956/m² - £4.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.3K/m²

Value Estimate

£90,900

 

 

End Value (After Refurb)

£94,599

Uplift in Value

+5%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£3,900

Refurb Costs

£27,200

Bridging Loan Interest

£2,363

Total Cash In

£57,713

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£94,599

Mortgage (After Refinance)

£70,949

Mortgage LTV

75%

Cash Released

£3,449

Cash Left In

£54,264

Equity

£23,650

Rent Range

£490 - £900

Rent Estimate

£643

Running Costs/mo

£444

Cashflow/mo

£199

Cashflow/yr

£2,385

ROI

4%

Gross Yield

9%

Local Sold Prices

50 sold prices from £63.5K to £280K, average is £96.5K. £956/m² to £4.5K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£69K01/210.06 mi27, Welland Road, Hull, City Of Kingston Upon Hull HU8 9TL2
£90K11/210.13 mi199, Wansbeck Road, Hull, City Of Kingston Upon Hull HU8 9SZ2
£95K01/230.15 mi199, Wansbeck Road, Hull, City Of Kingston Upon Hull HU8 9SZ2
£95K11/200.23 mi250, Shannon Road, Hull, City Of Kingston Upon Hull HU8 9RY2
£87.5K02/230.26 mi24, Plym Grove, Hull, City Of Kingston Upon Hull HU8 9RT2
£85K11/200.3 mi11, Plym Grove, Hull, City Of Kingston Upon Hull HU8 9RR2
£111K02/230.38 mi86, Wansbeck Road, Hull, City Of Kingston Upon Hull HU8 9SS2
£75K01/210.42 mi108, Waveney Road, Hull, City Of Kingston Upon Hull HU8 9NA2
£85K10/210.43 mi413, Shannon Road, Hull, City Of Kingston Upon Hull HU8 9SB2
£63.5K08/210.43 mi406, Shannon Road, Hull, City Of Kingston Upon Hull HU8 9SA2
£82.5K12/210.43 mi398, Shannon Road, Hull, City Of Kingston Upon Hull HU8 9SA2
£205K11/200.47 mi88, Ganstead Lane, Bilton, Hull, City Of Kingston Upon Hull HU11 4BA2
£140K06/230.48 mi7, Belfry Court, Hull, City Of Kingston Upon Hull HU8 9EF2
£80K03/230.49 mi157, Waveney Road, Hull, City Of Kingston Upon Hull HU8 9LZ2
£95.5K03/230.51 mi59, Shannon Road, Hull, City Of Kingston Upon Hull HU8 9PS2
£165K08/210.54 mi11, Belvedere Drive, Bilton, Hull, City Of Kingston Upon Hull HU11 4AX2
£165K08/210.54 mi12, Belvedere Drive, Bilton, Hull, City Of Kingston Upon Hull HU11 4AX2
£182.5K06/210.54 mi57, Belvedere Drive, Bilton, Hull, City Of Kingston Upon Hull HU11 4AY2
£80K07/210.55 mi40, Medina Road, Hull, City Of Kingston Upon Hull HU8 9QT2
£65K11/200.57 mi2, Athlone Green, Hull, City Of Kingston Upon Hull HU8 9PG2
£85K06/210.57 mi52, Shannon Road, Hull, City Of Kingston Upon Hull HU8 9PF2
£190K06/230.63 mi32, Ridgestone Avenue, Bilton, Hull, City Of Kingston Upon Hull HU11 4AH2
£79K12/220.64 mi10, Holtby Close, Hull, City Of Kingston Upon Hull HU9 4AZ2
£120K11/200.64 mi31, Alwoodley Close, Hull, City Of Kingston Upon Hull HU8 9DJ2
£97K03/210.64 mi23, Tedworth Road, Hull, Humberside HU9 4BD2
£78K07/210.65 mi56, Tedworth Road, Hull, City Of Kingston Upon Hull HU9 4AY2
£120K05/230.66 mi95, Thanet Road, Hull, City Of Kingston Upon Hull HU9 4BL2
£148K04/230.66 mi3, Grenville Bay, Bilton, Hull, City Of Kingston Upon Hull HU11 4BZ2
£130K12/200.66 mi3, Grenville Bay, Bilton, Hull, City Of Kingston Upon Hull HU11 4BZ2
£95K07/210.67 mi389, Staveley Road, Hull, City Of Kingston Upon Hull HU9 4BX2
£165K10/220.69 mi49, Ark Royal, Bilton, Hull, City Of Kingston Upon Hull HU11 4BN2
£135K05/210.69 mi71, Ridgestone Avenue, Bilton, Hull, City Of Kingston Upon Hull HU11 4AJ2
£130K06/210.69 mi75, Ark Royal, Bilton, Hull, City Of Kingston Upon Hull HU11 4BN2
£87K01/230.7 mi183, Ark Royal, Bilton, Hull, City Of Kingston Upon Hull HU11 4BP2
£95K11/210.71 mi79, Tedworth Road, Hull, City Of Kingston Upon Hull HU9 4AX2
£92.5K02/210.72 mi362, Staveley Road, Hull, City Of Kingston Upon Hull HU9 4BY2
£111K02/230.73 mi3, Chesterholme, Bilton, Hull, City Of Kingston Upon Hull HU11 4BD2
£110.5K09/210.75 mi365, Staveley Road, Hull, City Of Kingston Upon Hull HU9 4BZ2
£93.5K12/220.78 mi12, Nestor Grove, Hull, City Of Kingston Upon Hull HU9 4DB2
£132K11/210.79 mi5, Alperton Close, Hull, City Of Kingston Upon Hull HU8 0SF2
£280K08/210.79 mi1, The Fairways, Hull, City Of Kingston Upon Hull HU8 9HN2
£150K11/200.79 mi35, Mount Vernon, Bilton, Hull, City Of Kingston Upon Hull HU11 4ET2
£90K01/210.81 mi259, Gleneagles Park, Hull, City Of Kingston Upon Hull HU8 9JT2
£96K03/210.82 mi27, East Carr Road, Hull, City Of Kingston Upon Hull HU8 9LH2
£130K02/230.83 mi120, Jervis Road, Hull, City Of Kingston Upon Hull HU9 4BT2
£78.5K04/230.83 mi117, Milne Road, Hull, City Of Kingston Upon Hull HU9 4UL2
£165K05/210.83 mi102, Standidge Drive, Hull, City Of Kingston Upon Hull HU8 0RW2
£110K01/210.84 mi41, Stornaway Square, Hull, City Of Kingston Upon Hull HU8 9LJ2
£114K12/220.85 mi65, Holm Garth Drive, Hull, City Of Kingston Upon Hull HU8 9DU2
£110K10/210.85 mi112, Jervis Road, Hull, City Of Kingston Upon Hull HU9 4BT2

Local Rents

11 rents from £490/mo to £900/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£55002/250.24 mi-2
£59505/240.3 miLimerick Close, Hull2
£81504/250.58 mi-2
£60004/240.75 miStaveley Road, Hull, East Riding, HU9 4BG2
£75005/240.84 mi-2
£90002/250.86 mi-2
£55005/240.96 miCrofton Avenue, Egton Street, Hull, East Yorkshire, HU82
£65012/230.97 mi-2
£69503/250.97 mi-2
£65005/241.03 miLime Tree Lane, HU112
£49005/241.21 miRegis Court, Hull, East Riding Of Yorkshire, HU92

Local Area Statistics

Population in HU8

34,175

Population in Hull

313,622

Town centre distance

3.93 miles away

Nearest school

0.30 miles away

Nearest train station

4.19 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Seller's market

Capital growth (5yrs)

+16%

Property History

Listed for £90,000

February 27, 2025

Floor Plans

Description

  • TWO BEDROOM END OF TERRACE HOUSE +
  • POPULAR RESIDENTIAL LOCATION +
  • COUNCIL TAX BAND: A +
  • IDEAL FIRST PURCHASE / RENTAL INVESTMENT +
  • SOME MODERNISING REQUIRED +
  • GENEROUS GARDEN & USEFUL BRICK-BUILT SHED FOR STORAGE +
  • EPC RATING: D +
  • 70sqm / c.753sq.ft +

SUMMARY
William H. Brown are delighted to market this 2-bedroom end of terrace house on Frome Road, Hull. It features a generous garden with a brick-built shed. While it requires modernisation throughout, it's an ideal first purchase or rental investment with easy access to local amenities.

DESCRIPTION
Welcome to this charming 2-bedroom end of terrace house on Frome Road, Hull. Offering a generous rear garden with a brick-built shed, this property is perfect for first-time buyers or investors looking for a rental opportunity. The garden provides ample space for outdoor activities, gardening, or simply relaxing, while the shed offers a convenient storage solution for tools and garden equipment.

Inside, the house presents an exciting opportunity for those looking to put their personal touch on their new home. The property does require modernisation throughout, giving you the freedom to design and style each room to your taste. Whether you're envisioning a contemporary open-plan layout or a cosy, traditional interior, this house is a blank canvas waiting for your creative vision.

Located on Frome Road, the property benefits from easy access to local amenities, schools, and transport links, making it a convenient choice for families and commuters alike. With its potential for value increase through updates and its desirable location, this house is a fantastic investment opportunity. Don't miss your chance to make this property your own or add it to your rental portfolio. Schedule a viewing today and imagine the possibilities!

Entrance Hall 

Living/Dining Room 20' 9" max x 11' 3" max ( 6.32m max x 3.43m max )

Kitchen 9' 4" max x 9' max ( 2.84m max x 2.74m max )

Landing 

Bedroom 1 11' 9" max x 10' 10" max ( 3.58m max x 3.30m max )

Bedroom 2 15' 1" max x 9' 4" max ( 4.60m max x 2.84m max )

Bathroom 8' 5" max x 5' 8" max ( 2.57m max x 1.73m max )

Loft Space 

Front Garden 

Rear Garden 

Please Note: 
We have been informed that there is foam insulation in the loft, and that there is asbestos present in the fascia. Please enquire on for further information.

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?

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

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