2 Bed Flat, Single Let, Hull, HU7 4WN, £55,000

68 Lambwath Hall Court, Hull, HU7 4WN - a month ago

Sold STC
Leasehold
BTL
ROI: 18%
55 m²
+5 photos

ValuationUndervalued

Sold Prices£38.5K - £127K
Sold Prices/m²£642/m² - £1.9K/m²

 

 

Square Metres

55 m²
Price/m²£1K/m²

Value Estimate

£66,957
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£13,750

Stamp Duty & Legal Fees

£3,950

Total Cash In

£17,700

 

 

Cash Out

 

Rent Range

£550 - £850

Rent Estimate

£566

Running Costs/mo

£305

Cashflow/mo

£261

Cashflow/yr

£3,131

ROI

18%

Gross Yield

12%

Local Sold Prices

26 sold prices from £38.5K to £127K, average is £66.3K. £642/m² to £1.9K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£62K03/230.03 mi46, Lambwath Hall Court, Bransholme, Hull, City Of Kingston Upon Hull HU7 4WN2
£65K04/220.92 mi2, Poplar Court, Sutton On Hull, Hull, City Of Kingston Upon Hull HU7 4YX2
£90.5K11/220.94 mi10, High Trees Mount, Hull, City Of Kingston Upon Hull HU8 9EZ2
£92K12/200.94 mi6, High Trees Mount, Hull, City Of Kingston Upon Hull HU8 9EZ2
£67.5K06/210.94 mi11, Poplar Court, Sutton On Hull, Hull, City Of Kingston Upon Hull HU7 4YX2
£75K10/200.94 mi19, Poplar Court, Sutton On Hull, Hull, City Of Kingston Upon Hull HU7 4YX2
£127K06/211.55 mi51, Rivelin Park, Kingswood, Hull, City Of Kingston Upon Hull HU7 3GP2
£87K12/211.66 mi292a, James Reckitt Avenue, Hull, City Of Kingston Upon Hull HU8 8LJ2
£115K10/221.9 mi19, Linn Park, Kingswood, Hull, City Of Kingston Upon Hull HU7 3GD2
£81K07/222.12 mi20, Gullane Drive, Hull, City Of Kingston Upon Hull HU6 7XQ2
£56K02/212.13 mi13, Gullane Drive, Hull, Humberside HU6 7XQ2
£57K05/222.13 mi8, Gullane Drive, Hull, City Of Kingston Upon Hull HU6 7XQ2
£55K11/222.25 mi63, Regis Court, Hull, City Of Kingston Upon Hull HU9 4TW2
£52K01/212.27 mi52, Regis Court, Hull, City Of Kingston Upon Hull HU9 4TW2
£47K04/212.27 mi44, Regis Court, Hull, City Of Kingston Upon Hull HU9 4TW2
£50K04/222.28 mi40, Regis Court, Hull, City Of Kingston Upon Hull HU9 4TW2
£78K10/202.56 mi187, Ark Royal, Bilton, Hull, City Of Kingston Upon Hull HU11 4BP2
£68K11/202.56 mi157, Ark Royal, Bilton, Hull, City Of Kingston Upon Hull HU11 4BP2
£79K09/212.56 mi185, Ark Royal, Bilton, Hull, City Of Kingston Upon Hull HU11 4BP2
£75K01/232.64 mi20, Staveley Road, Hull, City Of Kingston Upon Hull HU9 4SA2
£50K07/212.72 mi108, St Pauls Street, Hull, City Of Kingston Upon Hull HU2 0DG2
£50K07/212.73 mi108, St Pauls Street, Hull, City Of Kingston Upon Hull HU2 0DG2
£41K03/222.74 mi27, Cave Street, Hull, City Of Kingston Upon Hull HU5 2TZ2
£38.5K08/222.9 mi55, Newtown Court, Hull, City Of Kingston Upon Hull HU9 1SL2
£101.5K09/222.95 mi13a, Galfrid Road, Bilton, Hull, East Riding Of Yorkshire HU11 4EJ2
£48.5K05/223 mi59, Sykes Street, Hull, City Of Kingston Upon Hull HU2 8AZ2

Local Rents

14 rents from £550/mo to £850/mo, average is £673/mo.

RentDateDistanceAddressBeds 
£85012/240.24 mi-2
£85002/250.24 mi-2
£57504/240.7 mi-2
£55005/240.7 mi-2
£57504/240.7 miMallyan Close, Hull, HU82
£55005/240.7 miLealholme Court, Howdale Road, Hull, East Riding Of Yorkshire, HU82
£65005/240.89 miNewtondale, Hull, East Yorkshire, HU72
£65006/241.09 miFoxglove Close, Kingswood, Hull, East Riding Of Yorkshire, HU72
£75005/241.1 mi-2
£65012/231.12 mi-2
£69503/251.12 mi-2
£72505/241.21 mi-2
£69506/241.22 miBoston Court, Kingswood, Hull2
£82501/251.23 mi-2

Local Area Statistics

Population in HU7

42,150

Population in Hull

313,622

Town centre distance

2.66 miles away

Nearest school

0.20 miles away

Nearest train station

3.52 miles away

 

 

Rental demand

Tenant's market

Sales demand

Balanced market

Capital growth (5yrs)

+4%

Property History

Listed for £55,000

March 3, 2025

Floor Plans

Description

  • A spacious Top Floor apartment to East of the City +
  • Recently Refurbished Over looking a communal garden and nearby playing field. +
  • EPC rating C +
  • Ideal for the first time buyer and the busy professional +
  • Two bedrooms, master having 2 double fitted wardrobes +
  • Master en suite and a bathroom +
  • Lounge and dining area opening to a fitted kitchen +
  • Open aspect to the front elevation and amazing views of the adjacent playing fields +
  • Car parking amenities +

A beautifully presented top floor apartment to the east of the city providing an excellent opportunity for the first time buyer and indeed the busy professional. With a lovely contemporary theme throughout, the accommodation has a spacious feel comprising secure entrance door with intercom system, entrance hall, lounge and dining area opening to a fitted kitchen with appliances, two bedrooms with master bedroom having 2 double fitted wardrobes, an en suite and bathroom. Enjoying open views to the front elevation, amazing views of the adjacent playing fields. Good opportunity for investors and first time buyers. An internal inspection will not disappoint.

Communal Entrance - With staircase off and accessible via an intercom system

Entrance Hall - " L" shaped and giving access to all rooms except the en suite

Lounge And Dining Area - 4.80 x 3.90 - Window to the side aspect and there are French Doors to the front aspect with a "Juliette" balcony.

Kitchen - 2.00 x 3.90 - A lovely range of fitted floor and wall units with rolled edge laminated preparation surfaces having an inset stainless steel sink unit with mixer tap. Plumbed for an automatic washing machine and a dishwasher, spotlights to the ceiling and integrated appliances include an electric oven, electric hob and a stainless steel over head extractor canopy.

Bedroom One - 3.36 x 2.72 - Window to the front aspect and contemporary style fitted wardrobes.

En Suite - A plumbed shower unit within an independent enclosure, wash hand basin and a dual flush low level wc. The walls are partially tiled and there is a heated towel rail.

Bedroom Two/Office/Dressing Room - 2.85 x 1.95 - Window to the rear aspect. This room can also be used for a dressing room or perhaps an office also.

Bathroom - A white suite to comprise panelled bath, wash hand basin and a dual flush low level wc. Partially tiled walls and a heated towel rail.

Communal Gardens And Car Parking - There are attractive communal grounds to the front of the property with a playing field beyond. Car Parking amenities are also available to the front of the property.
The seller has confirmed there is one car parking space allocated for this property

Agents Notes - Services, fittings & equipment referred to in these sale particulars have not been tested ( unless otherwise stated ) and no warranty can be given as to their condition. Please note that all measurements are approximate and for general guidance purposes only.

Valuations - We offer a free sales valuation service, as an Independent company we have a strong interest in making sure you achieve a quick sale. If you need advice on any aspect of buying or selling please do not hesitate to ask.

Disclaimer - Whitakers Estate Agents for themselves and for the lessors of the property, whose agents they are give notice that these particulars are produced in good faith, are set out as a general guide only & do not constitute any part of a contact. No person in the employ of Whitakers Estate Agents has any authority to make or give any representation or warranty in relation to this property.

Additional Services - Whitakers Estate Agents offer additional services via third parties for: surveying, financial services, investment, insurance, conveyancing and other services associated with the sale and purchase of property.

We are legally obligated to advise a Vendor of any additional services a Buyer has applied to use in connection with their purchase. We will do so in our Memorandum of Sale when the sale is instructed to both parties Solicitors and the Vendor and Buyer.

Tenure - This property is leasehold: Services Charges £455.68 per quarter Ground Rent £150 per annum.
We understand the lease was 125 years from 2006. the lease details should be verified for the vendor's solicitor
The management company is Liv Group and you do have the option to extend the lease directly with the freeholder

Council Tax - Hull City Council - Band A

Agent Details

Whitakers, Sutton-on-Hull

01482 251726

Next Steps?

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