2 Bed Terraced House, Single Let, Hull, HU9 2PE, £46,000

Steynburg Street, HULL, HU9 2PE - 10 days ago

Auction
BTL
ROI: 22%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£51K - £148K
Sold Prices/m²£619/m² - £2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£675/m²

Value Estimate

£57,040
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£11,500

Stamp Duty & Legal Fees

£3,500

Total Cash In

£15,000

 

 

Cash Out

 

Rent Range

£475 - £2,375

Rent Estimate

£543

Running Costs/mo

£272

Cashflow/mo

£271

Cashflow/yr

£3,248

ROI

22%

Gross Yield

14%

Local Sold Prices

50 sold prices from £51K to £148K, average is £82.5K. £619/m² to £2K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£95K10/210 mi97, Steynburg Street, Hull, City Of Kingston Upon Hull HU9 2PE2
£75K03/210 mi97, Steynburg Street, Hull, City Of Kingston Upon Hull HU9 2PE2
£80K09/210 mi49, Steynburg Street, Hull, City Of Kingston Upon Hull HU9 2PE2
£80K02/230.01 mi57, Steynburg Street, Hull, City Of Kingston Upon Hull HU9 2PE2
£55.9K03/230.01 mi80, Wynburg Street, Hull, City Of Kingston Upon Hull HU9 2PB2
£126K06/230.06 mi14, James Niven Court, Hull, City Of Kingston Upon Hull HU9 3AQ2
£87.5K01/230.09 mi88, Rustenburg Street, Hull, City Of Kingston Upon Hull HU9 2PS2
£74.2K06/230.1 mi87, Rustenburg Street, Hull, City Of Kingston Upon Hull HU9 2PS2
£52K03/210.13 mi2, Dene Street, Hull, City Of Kingston Upon Hull HU9 2LX2
£80K01/230.15 mi21, Middleburg Street, Hull, City Of Kingston Upon Hull HU9 2QN2
£57K01/210.21 mi61, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TF2
£51K12/200.21 mi111, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TE2
£65K05/230.22 mi25, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TG2
£77K04/230.22 mi15, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TG2
£62.5K02/230.24 mi86, Estcourt Street, Hull, City Of Kingston Upon Hull HU9 2RR2
£55K12/220.25 mi145, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TA2
£67.5K11/200.26 mi65, New Bridge Road, Hull, Humberside HU9 2RB2
£110K02/230.27 mi33, Rosedale Avenue, Hull, City Of Kingston Upon Hull HU9 2PL2
£64K11/200.28 mi44, Holland Street, Hull, City Of Kingston Upon Hull HU9 2JB2
£52K11/200.28 mi73, Belmont Street, Hull, City Of Kingston Upon Hull HU9 2RH2
£62.5K04/210.28 mi89, Belmont Street, Hull, Humberside HU9 2RH2
£70K12/210.28 mi99, Belmont Street, Hull, City Of Kingston Upon Hull HU9 2RH2
£66.5K11/200.28 mi159, Estcourt Street, Hull, City Of Kingston Upon Hull HU9 2RS2
£75K03/230.28 mi159, Estcourt Street, Hull, City Of Kingston Upon Hull HU9 2RS2
£70K03/210.28 mi191, Belmont Street, Hull, City Of Kingston Upon Hull HU9 2RJ2
£70K11/200.28 mi115, Belmont Street, Hull, City Of Kingston Upon Hull HU9 2RJ2
£59K02/210.28 mi111, Belmont Street, Hull, City Of Kingston Upon Hull HU9 2RJ2
£85K11/200.29 mi13, Bedale Avenue, Hull, City Of Kingston Upon Hull HU9 3AN2
£113K10/210.29 mi48, Swaledale Avenue, Hull, City Of Kingston Upon Hull HU9 3UE2
£70K07/210.29 mi60, Belmont Street, Hull, City Of Kingston Upon Hull HU9 2RL2
£86K07/230.29 mi80, Belmont Street, Hull, City Of Kingston Upon Hull HU9 2RL2
£117.5K08/210.29 mi44, Jalland Street, Hull, City Of Kingston Upon Hull HU8 8RB2
£88.5K06/230.3 mi38, Mersey Street, Hull, City Of Kingston Upon Hull HU8 8SG2
£88K03/210.31 mi81, Telford Street, Hull, City Of Kingston Upon Hull HU9 3DY2
£115K09/210.31 mi70, Telford Street, Hull, City Of Kingston Upon Hull HU9 3DX2
£115K09/210.31 mi1, Dovedale Grove, Hull, City Of Kingston Upon Hull HU9 3UF2
£115K09/210.31 mi1, Dovedale Grove, Hull, City Of Kingston Upon Hull HU9 3UF2
£90.5K01/230.32 mi21, Staxton Court, Hull, City Of Kingston Upon Hull HU9 2RW2
£125K06/230.32 mi31, Brindley Street, Hull, City Of Kingston Upon Hull HU9 3BD2
£103.5K07/210.34 mi28, Teesdale Avenue, Hull, City Of Kingston Upon Hull HU9 3UG2
£96K02/230.34 mi71, Victor Street, Hull, City Of Kingston Upon Hull HU9 2EX2
£95.5K01/210.34 mi5, Cundall Close, Hull, City Of Kingston Upon Hull HU9 3AL2
£120K08/230.34 mi22, Cundall Close, Hull, City Of Kingston Upon Hull HU9 3AL2
£102.5K01/210.37 mi148, Telford Street, Hull, City Of Kingston Upon Hull HU9 3DZ2
£92K03/210.37 mi113, Telford Street, Hull, City Of Kingston Upon Hull HU9 3DZ2
£134.5K12/220.37 mi129, Telford Street, Hull, City Of Kingston Upon Hull HU9 3DZ2
£122.5K03/230.37 mi20, Edison Grove, Hull, City Of Kingston Upon Hull HU9 3EE2
£107K03/230.37 mi11, Wordsworth Street, Hull, City Of Kingston Upon Hull HU8 8LT2
£71K06/210.39 mi64, Severn Street, Hull, City Of Kingston Upon Hull HU8 8TQ2
£148K01/210.39 mi492, Southcoates Lane, Hull, City Of Kingston Upon Hull HU9 3UB2

Local Rents

50 rents from £475/mo to £2.4K/mo, average is £595/mo.

RentDateDistanceAddressBeds 
£60004/240.01 mi-2
£62503/250.03 mi-2
£57504/240.04 miWynburg Street, Hull, East Riding Of Yorkshire, HU92
£57505/240.04 miWynburg Street, Hull, East Riding Of Yorkshire, HU92
£57505/240.04 miWynburg Street, Hull, East Riding Of Yorkshire, HU92
£57505/240.04 mi13 Wynburg Street, HU9 2PA2
£60012/240.04 mi-2
£55003/250.06 mi-2
£2,37502/240.06 mi-2
£56004/240.06 miWenlock Terrace, Rustenburg Street, Hull, East Yorkshire, HU92
£67505/240.07 miWynburg Street, Hull2
£65005/240.08 mi-2
£65004/240.09 miRensburg St, Hull, HU92
£60001/250.11 mi-2
£59502/250.12 mi-2
£54504/240.13 mi-2
£57503/250.13 mi-2
£57505/240.15 mi9 Allendale, Middleburg Street, Newbridge Road, Hull,HU9 2QX2
£55004/240.15 miMiddleburg Street, HU92
£62505/240.15 miJesmond Gardens, Hull2
£62503/250.16 mi-2
£57505/240.16 miAlbert Avenue, Hull, HU92
£62506/240.16 miMiddleburg Street, Hull2
£52504/240.18 mi5 Rosebury Villas, Rosmead Street, Hull, HU9 2TN2
£60005/240.2 mi-2
£59506/240.21 mi113 Rosmead Street, HU9 2TE2
£62503/250.23 mi-2
£65004/240.24 mi-2
£63004/240.24 mi-2
£57504/240.24 miNew Bridge Road, Southcoates, Hull, HU9 2RF2
£57505/240.25 mi-2
£59505/240.25 mi4 Crompton Villas2
£55004/240.25 miMables Villas, Holland Street, Hull, HU92
£65002/240.25 mi-2
£70012/240.25 mi-2
£55005/240.25 mi-2
£55004/240.25 miMables Villas, Holland Street, Hull2
£50005/240.25 miRosmead Street, Hull, HU92
£70002/250.26 mi-2
£60005/240.26 miMadoline Grove, Estcourt Street, Hull, East Yorkshire, HU92
£59503/250.27 mi-2
£55005/240.27 miEstcourt Street, Hull, Yorkshire, HU92
£56504/240.28 miFlat C, 4 Westcott Street, Hull, HU8 8LR2
£57512/240.28 mi-2
£70005/240.28 mi-2
£55003/250.28 mi-2
£62505/240.28 miEstcourt St, Hull, HU92
£54504/240.28 miEstcourt St, Hull, HU92
£59504/240.28 miAvon Vale, Estcourt St, Hull, HU92
£47503/240.28 miBelmont Street, Hull, East Riding Of Yorkshire, HU92

Local Area Statistics

Population in HU9

40,948

Population in Hull

313,622

Town centre distance

2.27 miles away

Nearest school

0.20 miles away

Nearest train station

1.92 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £46,000

March 20, 2025

Description

  • AUCTION SALE +

  • 15 April 2025 +

  • Upon instruction of AMG +

  • EPC Rating - n/a +

  • To view: Please contact our office. +

SUMMARY
AUCTION SALE 15 April 2025 - Freehold mid terrace house

DESCRIPTION
Freehold mid terrace house

Location:
The property is located on Steynburg Street. Shopping amenities can be found locally within Hull City Centre. Public transport links are available at Hull Train Station to the south west along with a network of local bus services serving the surrounding areas. The property is served by road links including the A165 to the west. Recreational pursuits can be found at East Park to the north and Rosmead Playing Field to the south east.

Accommodation:
First floor: Two bedrooms, bathroom/wc
Ground floor: Reception room, kitchen

EPC Rating:
To be advised.

Council Tax Band: A

To view:
Strictly by arrangement with the auctioneers.

Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.

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. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
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.

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. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
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

Barnard Marcus, Hammersmith Auctions

020 3866 9305

Next Steps?

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