2 Bed Terraced House, Single Let, Hull, HU5 5SU, £90,000

Fernhill Rd, HULL, HU5 5SU - 2 views - 2 months ago

BTL
ROI: 7%
~68 m²
+4 photos

ValuationUndervalued

Sold Prices£65K - £165K
Sold Prices/m²£1.1K/m² - £3.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.3K/m²

Value Estimate

£110,825
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£28,200

 

 

Cash Out

 

Rent Range

£575 - £925

Rent Estimate

£575

Running Costs/mo

£416

Cashflow/mo

£159

Cashflow/yr

£1,905

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £65K to £165K, average is £112K. £1.1K/m² to £3.5K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£110K03/230.03 mi3, Fernhill Road, Hull, City Of Kingston Upon Hull HU5 5SU2
£117.5K02/230.04 mi53, Hanley Road, Hull, City Of Kingston Upon Hull HU5 5ST2
£95K11/200.05 mi18, Hanley Road, Hull, City Of Kingston Upon Hull HU5 5SS2
£115K12/220.09 mi43, Cradley Road, Hull, City Of Kingston Upon Hull HU5 5SL2
£94K06/210.1 mi33, Cradley Road, Hull, City Of Kingston Upon Hull HU5 5SL2
£105K05/210.1 mi49, Cradley Road, Hull, City Of Kingston Upon Hull HU5 5SL2
£135K05/230.1 mi45, Cradley Road, Hull, City Of Kingston Upon Hull HU5 5SL2
£110K08/210.11 mi30, Ledbury Road, Hull, City Of Kingston Upon Hull HU5 5SJ2
£128K04/230.11 mi20, Ledbury Road, Hull, City Of Kingston Upon Hull HU5 5SJ2
£100K06/210.11 mi32, Ledbury Road, Hull, City Of Kingston Upon Hull HU5 5SJ2
£100K04/230.14 mi53, Colwall Avenue, Hull, City Of Kingston Upon Hull HU5 5SR2
£130K06/230.15 mi21, Dent Road, Hull, City Of Kingston Upon Hull HU5 4SH2
£130K03/230.18 mi36, Asenby Walk, Hull, East Riding Of Yorkshire HU5 4SG2
£95K02/230.21 mi279, Coronation Road North, Hull, City Of Kingston Upon Hull HU5 5RE2
£130K04/230.24 mi9, Ormerod Crescent, Hull, City Of Kingston Upon Hull HU5 5TT2
£125K03/210.27 mi4, Marske Walk, Hull, City Of Kingston Upon Hull HU5 4RT2
£120K11/210.28 mi50, Appleton Road, Hull, City Of Kingston Upon Hull HU5 4PJ2
£110K09/210.29 mi13, Dent Road, Hull, East Riding Of Yorkshire HU5 4RY2
£137.5K10/220.3 mi57, Ormerod Road, Hull, City Of Kingston Upon Hull HU5 5TS2
£95K02/210.31 mi4, Setting Crescent, Hull, City Of Kingston Upon Hull HU5 5TJ2
£125K11/220.31 mi11, Kirkstone Road, Hull, City Of Kingston Upon Hull HU5 5TX2
£100K04/210.31 mi44, Ormerod Road, Hull, City Of Kingston Upon Hull HU5 5TS2
£92K05/230.31 mi62, Ormerod Road, Hull, City Of Kingston Upon Hull HU5 5TS2
£81K04/210.31 mi45, Kirkstone Road, Hull, City Of Kingston Upon Hull HU5 5TX2
£120K11/220.32 mi1, Setting Crescent, Hull, City Of Kingston Upon Hull HU5 5TJ2
£145K04/230.38 mi25, Appleton Road, Hull, City Of Kingston Upon Hull HU5 4PP2
£112K06/210.4 mi12, Malvern Crescent, Hull, City Of Kingston Upon Hull HU5 5TR2
£95K07/210.44 mi108, Coronation Road North, Hull, City Of Kingston Upon Hull HU5 5QP2
£95K07/210.44 mi108, Coronation Road North, Hull, City Of Kingston Upon Hull HU5 5QP2
£125K02/230.53 mi177, Worcester Road, Hull, City Of Kingston Upon Hull HU5 5UY2
£142.5K02/210.54 mi1, Yorkshire Close, Hull, City Of Kingston Upon Hull HU5 5XY2
£150K09/220.54 mi4, Hartoft Road, Hull, City Of Kingston Upon Hull HU5 4LB2
£165K11/220.55 mi34, Shropshire Close, Hull, City Of Kingston Upon Hull HU5 5UG2
£100K12/200.56 mi125, Worcester Road, Hull, City Of Kingston Upon Hull HU5 5UZ2
£106K04/230.62 mi558, Hotham Road South, Hull, City Of Kingston Upon Hull HU5 5RN2
£92.3K01/210.62 mi574, Hotham Road South, Hull, City Of Kingston Upon Hull HU5 5RN2
£94K10/210.62 mi119, Danube Road, Hull, City Of Kingston Upon Hull HU5 5UU2
£138K11/200.63 mi42, Warwickshire Close, Hull, City Of Kingston Upon Hull HU5 5XF2
£112K09/210.64 mi180, Bristol Road, Hull, City Of Kingston Upon Hull HU5 5XW2
£125K03/230.68 mi28, Coronation Road South, Hull, City Of Kingston Upon Hull HU5 5QL2
£115K03/230.68 mi33, Worcester Road, Hull, City Of Kingston Upon Hull HU5 5XE2
£112K02/230.68 mi14, Dayton Road, Hull, City Of Kingston Upon Hull HU5 5TG2
£104K04/210.69 mi4, Chester Road, Hull, City Of Kingston Upon Hull HU5 5QE2
£115K10/210.7 mi218, Bristol Road, Hull, City Of Kingston Upon Hull HU5 5XP2
£65K12/200.7 mi250, Bristol Road, Hull, Humberside HU5 5XP2
£110K01/210.7 mi196, Bristol Road, Hull, City Of Kingston Upon Hull HU5 5XP2
£105K04/210.7 mi159, Bristol Road, Hull, City Of Kingston Upon Hull HU5 5XP2
£102K12/200.7 mi254, Bristol Road, Hull, Humberside HU5 5XP2
£120K06/230.71 mi60, Bristol Road, Hull, City Of Kingston Upon Hull HU5 5XJ2
£150K06/230.71 mi362, Wold Road, Hull, City Of Kingston Upon Hull HU5 5QG2

Local Rents

50 rents from £575/mo to £925/mo, average is £680/mo.

RentDateDistanceAddressBeds 
£77502/240.25 mi-2
£77512/240.25 mi-2
£69504/240.43 mi34 Garrowby Walk2
£79504/240.5 miHartoft Rd, Hull, HU5 4LB2
£65004/240.58 miHotham Road South, Hull, HU52
£67504/240.6 miHotham Road South, HU52
£70010/240.64 mi-2
£57505/240.68 mi73 Bristol Road, Hull, HU5 5XJ2
£57505/240.68 mi73 Bristol Road, Hull, HU5 5XJ2
£70010/230.69 mi-2
£62505/240.69 miHotham Road South, Hull2
£57505/240.73 mi50 Bristol Road, Hull, HU5 5XJ2
£67504/240.76 miWold Road, HULL2
£59511/230.76 mi-2
£77004/240.79 mi-2
£75001/250.79 mi-2
£79504/250.79 mi-2
£60004/240.83 miMoorhouse Road, HU52
£60005/240.84 miHainsworth Park, Hull, HU62
£75004/240.85 miBloomfield Avenue, Hull, HU52
£75005/240.85 mi-2
£75001/250.85 mi-2
£70002/250.85 mi-2
£70002/250.85 mi-2
£70002/250.85 mi-2
£59505/240.86 miHotham Road South, Hull, East Yorkshire, HU52
£65004/240.89 miMoorhouse Road, Hull2
£69512/240.9 mi-2
£68505/240.9 miMoorhouse Road, Hull, HU52
£65007/230.91 mi-2
£67504/240.91 mi-2
£67511/240.91 mi-2
£62505/240.92 miWestlands Road, Hull2
£71507/240.92 mi-2
£59504/240.98 miHotham Road South, Hull, East Yorkshire, HU52
£62505/241.01 miMoorhouse Road, Hull2
£65003/251.04 mi-2
£72512/231.06 mi-2
£77504/251.06 mi-2
£78011/241.06 mi-2
£65005/241.06 miDerringham Court, West Hull2
£62504/241.09 miRutland Road, Spring Bank West, Hull, East Yorkshire, HU52
£65008/241.1 mi-2
£67504/241.14 miBrooklands Road, Hull, East Riding Of Yorkshire, HU52
£67505/241.14 miBrooklands Road, Hull, East Riding Of Yorkshire, HU52
£72505/241.14 miWestbourne Avenue West, Hull, HU5 3JE2
£79909/231.14 mi-2
£84910/241.14 mi-2
£65003/241.17 mi-2
£92504/241.22 miApartment 5, 36 Newland Park2

Local Area Statistics

Population in HU5

51,120

Population in Hull

313,622

Town centre distance

1.66 miles away

Nearest school

0.30 miles away

Nearest train station

1.13 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+24%

Property History

Listed for £90,000

March 7, 2025

Description

  • ATTENTION INVESTORS/BUILDERS/LANDLORDS +
  • GREAT POTENTIAL +
  • UPDATING REQUIRED +
  • SPACIOUS LOUNGE AND KITCHEN +
  • 2 DOUBLE BEDROOMS +
  • DOUBLE GLAZING +
  • GAS CENTRAL HEATING SYSTEM +
  • VACABNT POSSESION ON COMPLETION +
  • NO CHAIN INVOLVED +

* ATTENTION INVESTORS/BUILDERS/LANDLORDS*

A great opportunity to acquire a spacious end of terrace property which is ideally located in a popular residential area.
Although the property would benefit from a degree of updating, there is great potential and scope to create a superb family home or lucrative property to let.

The accommodation is arranged to two floors and briefly comprises of an entrance vestibule, a good sized lounge, breakfast kitchen with space for a dining table and to the first floor there are two double bedrooms and a bathroom.
Outside, there are gardens to the front and rear of the property.
Also a there is a gas central heating system and double glazing.

The property is offered with vacant possession on completion and with no chain involved.

The area is ever popular and well known for it's wealth of amenities which are practically on the doorstep.
There are good local shopping centres close by however, Hull city centre and the village of Cottingham are just a short commute from the property for a more extensive shopping experience.
Regular public transport connections provide easy access to all of the surrounding areas.
A primary school is just around the corner along the neighbouring Priory Road.
For those wishing to spend quality leisure time with friends and family, there are many public houses and family restaurants nearby.

Agent Details

Home Estates, Hull

01482 251864

Next Steps?

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