2 Bed Terraced House, Single Let, Hull, HU9 5QJ, £75,000

Hedon Road, Hull, HU9 5QJ - a month ago

BTL
ROI: 11%
~68 m²
+9 photos

ValuationUndervalued

Sold Prices£54.8K - £127K
Sold Prices/m²£889/m² - £1.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.1K/m²

Value Estimate

£87,377
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£4,950

Total Cash In

£23,700

 

 

Cash Out

 

Rent Range

£550 - £775

Rent Estimate

£595

Running Costs/mo

£373

Cashflow/mo

£222

Cashflow/yr

£2,660

ROI

11%

Gross Yield

10%

Local Sold Prices

21 sold prices from £54.8K to £127K, average is £77K. £889/m² to £1.9K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£79.5K02/230.02 mi1043, Hedon Road, Hull, City Of Kingston Upon Hull HU9 5QJ2
£60K02/210.02 mi1061, Hedon Road, Hull, City Of Kingston Upon Hull HU9 5QJ2
£77K07/230.02 mi1099, Hedon Road, Hull, City Of Kingston Upon Hull HU9 5QJ2
£77K07/230.02 mi1099, Hedon Road, Hull, City Of Kingston Upon Hull HU9 5QJ2
£76K04/210.07 mi52, Ceylon Street, Hull, City Of Kingston Upon Hull HU9 5RE2
£54.8K04/230.19 mi17, Egypt Street, Hull, City Of Kingston Upon Hull HU9 5QZ2
£55K07/210.25 mi55, Delhi Street, Hull, Humberside HU9 5QR2
£96.5K02/230.64 mi279, Preston Road, Hull, City Of Kingston Upon Hull HU9 5AJ2
£95K02/230.66 mi6, Northorpe Close, Hull, City Of Kingston Upon Hull HU9 5AH2
£75.5K07/210.72 mi8, Horbury Avenue, Hull, City Of Kingston Upon Hull HU9 4QP2
£89.5K03/210.78 mi58, Ashwell Avenue, Hull, City Of Kingston Upon Hull HU9 5LJ2
£92K12/220.82 mi75, Wakefield Avenue, Hull, City Of Kingston Upon Hull HU9 4RD2
£83K11/200.84 mi59, Falkland Road, Hull, City Of Kingston Upon Hull HU9 5ER2
£88K06/230.88 mi72, Stockwell Grove, Hull, City Of Kingston Upon Hull HU9 5JS2
£61.5K02/210.89 mi49, Halliwell Close, Hull, City Of Kingston Upon Hull HU9 5JT2
£127K06/230.9 mi39, Grantley Grove, Hull, City Of Kingston Upon Hull HU9 4RU2
£76K06/210.92 mi24, Bideford Grove, Hull, City Of Kingston Upon Hull HU9 5EB2
£64K12/200.93 mi32, Corbridge Close, Hull, City Of Kingston Upon Hull HU9 5BB2
£80K02/210.93 mi1, Corbridge Close, Hull, City Of Kingston Upon Hull HU9 5BB2
£90K12/200.95 mi46, Westerdale Grove, Hull, City Of Kingston Upon Hull HU9 3UJ2
£75K08/210.96 mi131, Dodswell Grove, Hull, City Of Kingston Upon Hull HU9 5JD2

Local Rents

13 rents from £550/mo to £775/mo, average is £620/mo.

RentDateDistanceAddressBeds 
£67504/250.01 mi-2
£70004/240.02 miHedon Road, HULL2
£62002/250.03 mi-2
£62002/250.03 mi-2
£62002/250.03 mi-2
£62002/250.03 mi-2
£72503/250.06 mi-2
£62504/240.18 miHedon Road, Hull2
£59504/240.24 miAcasta Way, Hull, East Riding Of Yorkshire, HU92
£55004/240.28 miCarlton Avenue, Delhi St, Hull, HU92
£59505/240.28 mi5 Acasta Way, Hull, HU9 5SE2
£77505/240.58 miPriestman Way, Dream, Hull, East Riding Of Yorkshire, HU92
£76505/240.58 miPriestman Way, Dream, Hull, East Riding Of Yorkshire, HU92

Local Area Statistics

Population in HU9

40,948

Population in Hull

313,622

Town centre distance

3.65 miles away

Nearest school

0.10 miles away

Nearest train station

3.01 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £75,000

March 7, 2025

Floor Plans

Description

  • SPACIOUS EXTENDED TWO BED MID TERRACE HOUSE +
  • NO CHAIN INVOLVED +
  • PERFECT INVESTMENT OPPORTUNITY +
  • SOME WORK REQUIRED +
  • OFF ROAD PARKING TO REAR +
  • LOW MAINTENANCE REAR GARDEN +
  • LOUNGE/DINING & LEAN TO/SUN ROOM +
  • FREEHOLD +
  • COUNCIL TAX BAND A +
  • EPC RATING D +

INVITING OFFERS BETWEEN £75,000 - £78,000

Summary: Spacious, well-located, and full of potential! This extended two-bedroom terraced property offers fantastic living space, including a sunroom/utility, a generous rear garden, and the back garden offers secure parking for one car within a locked fence, ensuring safe and private parking. With no chain involved, it's an ideal opportunity for first-time buyers, investors, or downsizers looking to put their own stamp on a home. Positioned in a prime location with excellent transport links, this is a property not to be missed!

Our Thoughts: Spacious, Versatile, and Packed with Potential!

This generously sized two-bedroom terraced home is bursting with opportunity! With no chain involved, it’s ready and waiting for a first-time buyer, savvy investor, or downsizer looking for their next project. The ground floor has been extended to include a sunroom/utility, adding extra space to soak up the daylight.

Positioned in a prime location with excellent access to industry and key transport links, convenience is at your doorstep. The generous rear garden is perfect for relaxing, and off-road parking at the rear adds that all-important practicality.

Yes, it needs a little updating, but with the right vision, this could be something truly special. Come take a look—you might just find your next home or investment!

Tenure The property is freehold.

Council Tax Council Tax is payable to the Kingston Upon Hull City Council. From verbal enquiries we are advised that the property is shown in the Council Tax Property Bandings List in Valuation Band - A.*

Fixtures & Fittings Certain fixtures and fittings may be purchased with the property but may be subject to separate negotiation as to price.

Disclaimer *The agent has not had sight of confirmation documents and therefore the buyer is advised to obtain verification from their solicitor or surveyor.

Viewings Strictly by appointment with the sole agents.

Site Plan Disclaimer The site plan is for guidance only to show how the property sits within the plot and is not to scale.

Mortgages We will be pleased to offer expert advice regarding a mortgage for this property, details of which are available from our Holderness Road Office on . Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.

Valuation/Market Appraisal: Thinking of selling or struggling to sell your house? More people choose beercocks in this region than any other agent. Book your free valuation now!

Agent Details

Beercocks, Holderness Road

01482 251850

Next Steps?

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