4 Bed Semi-Detached House, Refurb/BRRR, Hull, HU9 4EQ, £120,000

Caledon Close, Hull, HU9 4EQ - 3 views - 25 days ago

Refurb/BRRR
ROI: 1%
~129 m²
+7 photos

ValuationUndervalued

Sold Prices£85K - £385K
Sold Prices/m²£802/m² - £3.1K/m²

 

 

Square Metres

~129.26 m²
Price/m²£928/m²

Value Estimate

£123,600
BMV3%

 

 

End Value (After Refurb)

£184,875

Uplift in Value

+54%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£7,200

Refurb Costs

£51,703

Bridging Loan Interest

£3,150

Total Cash In

£93,803

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£184,875

Mortgage (After Refinance)

£138,656

Mortgage LTV

75%

Cash Released

£48,656

Cash Left In

£45,147

Equity

£46,219

Rent Range

£625 - £1,800

Rent Estimate

£820

Running Costs/mo

£762

Cashflow/mo

£58

Cashflow/yr

£699

ROI

1%

Gross Yield

8%

Local Sold Prices

31 sold prices from £85K to £385K, average is £217.5K. £802/m² to £3.1K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£115K02/210.09 mi412, Staveley Road, Hull, City Of Kingston Upon Hull HU9 4BU4
£170K12/220.17 mi54, Thanet Road, Hull, City Of Kingston Upon Hull HU9 4BJ4
£135K03/210.42 mi219, Staveley Road, Hull, City Of Kingston Upon Hull HU9 4UP4
£120K12/200.42 mi225, Staveley Road, Hull, City Of Kingston Upon Hull HU9 4UP4
£385K04/230.46 mi22, Ganstead Lane, Bilton, Hull, City Of Kingston Upon Hull HU11 4AU4
£97K12/200.46 mi86, Hermes Close, Hull, City Of Kingston Upon Hull HU9 4DR4
£160K04/230.49 mi31, Mallard Road, Hull, City Of Kingston Upon Hull HU9 4UH4
£312.5K04/210.54 mi996, Holderness Road, Hull, City Of Kingston Upon Hull HU9 4AG4
£255.5K02/210.63 mi14, Alwoodley Close, Hull, City Of Kingston Upon Hull HU8 9DJ4
£194K05/210.67 mi86, Western Gailes Way, Hull, City Of Kingston Upon Hull HU8 9EQ4
£280K12/220.67 mi70, Western Gailes Way, Hull, City Of Kingston Upon Hull HU8 9EQ4
£230K05/210.71 mi3, Augusta Close, Hull, City Of Kingston Upon Hull HU8 9DW4
£236.5K11/200.76 mi7, Sandmoor Close, Hull, City Of Kingston Upon Hull HU8 9EB4
£125K06/230.8 mi50, Hopewell Road, Hull, City Of Kingston Upon Hull HU9 4EX4
£90K03/210.8 mi36, Hopewell Road, Hull, City Of Kingston Upon Hull HU9 4EX4
£238K05/220.84 mi4, Thornbridge Close, Hull, City Of Kingston Upon Hull HU9 4TQ4
£225K02/220.84 mi8, Thornbridge Close, Hull, City Of Kingston Upon Hull HU9 4TQ4
£167.5K05/210.84 mi63, Bellfield Avenue, Hull, City Of Kingston Upon Hull HU8 9DT4
£225K06/230.84 mi43, Bellfield Avenue, Hull, City Of Kingston Upon Hull HU8 9DT4
£217.5K10/220.84 mi14, Barleigh Road, Hull, City Of Kingston Upon Hull HU9 4TH4
£315K01/230.87 mi122, Western Gailes Way, Hull, City Of Kingston Upon Hull HU8 9FG4
£235K04/230.87 mi4, Broadland Drive, Hull, City Of Kingston Upon Hull HU9 4TG4
£220K07/210.87 mi9, Broadland Drive, Hull, City Of Kingston Upon Hull HU9 4TG4
£198K02/210.87 mi22, Barleigh Road, Hull, City Of Kingston Upon Hull HU9 4TH4
£218K11/200.87 mi53, Barleigh Road, Hull, City Of Kingston Upon Hull HU9 4TH4
£235K12/210.87 mi45, Barleigh Road, Hull, City Of Kingston Upon Hull HU9 4TH4
£120K05/230.91 mi13, Dorking Close, Hull, City Of Kingston Upon Hull HU8 9DG4
£120K01/210.91 mi54, Dorking Close, Hull, City Of Kingston Upon Hull HU8 9DG4
£85K02/230.92 mi32, Grantley Grove, Hull, City Of Kingston Upon Hull HU9 4RU4
£110K01/210.99 mi29, Staines Close, Hull, City Of Kingston Upon Hull HU8 9DH4
£300K11/220.99 mi4, Cherry Tree Close, Bilton, Hull, East Riding Of Yorkshire HU11 4EZ4

Local Rents

13 rents from £625/mo to £1.8K/mo, average is £700/mo.

RentDateDistanceAddressBeds 
£65006/240.21 mi-3
£65006/240.21 mi-3
£89501/250.33 mi-3
£67505/240.36 miDouglas Road, Hull, East Yorkshire, HU83
£69512/240.37 mi-3
£1,80001/250.45 mi-5
£77503/250.47 mi-3
£67505/240.53 miDuddon Grove, Hull, East Yorkshire, HU83
£79512/240.53 miDuddon Grove, HULL3
£62505/240.54 miThaxted Close, Hull, HU83
£80510/240.54 mi-3
£70005/240.59 miBrent Avenue, Hull, HU83
£75004/240.61 miWaveney Road, Hull, HU83

Local Area Statistics

Population in HU9

40,948

Population in Hull

313,622

Town centre distance

4.07 miles away

Nearest school

0.10 miles away

Nearest train station

4.05 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £120,000

March 14, 2025

Description

  • NO ONWARDS CHAIN +
  • SPACIOUS 4 BEDROOM FAMILY HOME +
  • SEMI-DETACHED +
  • LOTS OF POTENTIAL - SOLD AS SEEN +
  • FRONT AND REAR GARDENS, ON-STREET PARKING +
  • CLOSE TO LOCAL SHOPS, SCHOOLS AND AMENITIES +
  • DOWNSTAIRS WC +
  • VIEWINGS HIGHLY ADVISED +

SUMMARY
EARLY VIEWINGS ADVISED! Located in the popular residential area of Caledon Close, Hull (HU9 4EQ), this spacious four-bedroom semi-detached home is an exciting opportunity for investors, first-time buyers, or families looking to create their perfect home.

DESCRIPTION
With a well-proportioned layout, the property features an entrance hall, a large lounge, and a kitchen diner, offering ample space for modern family living. A downstairs toilet adds extra convenience.

Upstairs, there are four generously sized bedrooms and a family bathroom, making it ideal for a growing family. The property does require a full renovation, giving the perfect chance to add value and tailor it to your taste.

Externally, the front and rear gardens are well-sized, mainly laid to lawn, providing plenty of outdoor space for children to play or for entertaining once landscaped.

With its potential and fantastic space, this home could be transformed into a beautiful family home. Don't miss this excellent opportunity-book a viewing today!

Entrance Hall 

Kitchen-Diner 

Living Room 

Downstairs Toilet 

Landing 

Bedroom 1 

Bedroom 2 

Bedroom 3 

Bedroom 4 

Bathroom 

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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