3 Bed Terraced House, Single Let, Hull, HU3 3PY, £85,000

Colenso Street, Hull, HU3 3PY - a month ago

BTL
ROI: 10%
~93 m²
+4 photos

ValuationUndervalued

Sold Prices£57K - £185.5K
Sold Prices/m²£535/m² - £1.9K/m²

 

 

Square Metres

~93 m²
Price/m²£914/m²

Value Estimate

£98,430
BMV16%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£5,450

Total Cash In

£26,700

 

 

Cash Out

 

Rent Range

£595 - £1,500

Rent Estimate

£625

Running Costs/mo

£411

Cashflow/mo

£214

Cashflow/yr

£2,573

ROI

10%

Gross Yield

9%

Local Sold Prices

50 sold prices from £57K to £185.5K, average is £100K. £535/m² to £1.9K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£95K02/230.04 mi3, Dorado Close, Hull, City Of Kingston Upon Hull HU3 3QR3
£67K04/210.04 mi28, Glasgow Street, Hull, City Of Kingston Upon Hull HU3 3PR3
£111K02/230.05 mi138, St Georges Road, Hull, City Of Kingston Upon Hull HU3 3QE3
£85K07/230.08 mi110, Somerset Street, Hull, City Of Kingston Upon Hull HU3 3QG3
£110K01/210.09 mi52, Clairbrook Close, Hull, City Of Kingston Upon Hull HU3 3QQ3
£60K07/230.11 mi136, Somerset Street, Hull, City Of Kingston Upon Hull HU3 3QH3
£67K04/210.15 mi59, St Georges Road, Hull, City Of Kingston Upon Hull HU3 6EE3
£58K11/200.17 mi49, Arthur Street, Hull, City Of Kingston Upon Hull HU3 6BJ3
£132K09/220.17 mi11, Edinburgh Street, Hull, City Of Kingston Upon Hull HU3 5AP3
£57K12/220.18 mi35, Arthur Street, Hull, City Of Kingston Upon Hull HU3 6BH3
£77K12/200.2 mi116, Plane Street, Hull, City Of Kingston Upon Hull HU3 6BY3
£90K12/200.24 mi38, St Georges Road, Hull, City Of Kingston Upon Hull HU3 6EJ3
£90K12/220.24 mi28, St Georges Road, Hull, City Of Kingston Upon Hull HU3 6EJ3
£105K03/230.24 mi76, Greek Street, Hull, City Of Kingston Upon Hull HU3 6DE3
£96K03/210.25 mi32, Gordon Street, Hull, City Of Kingston Upon Hull HU3 3HN3
£85K11/200.27 mi96, Plane Street, Hull, City Of Kingston Upon Hull HU3 6BX3
£125K03/230.27 mi73, Melrose Street, Hull, City Of Kingston Upon Hull HU3 6ET3
£87K11/210.29 mi9, Selby Street, Hull, City Of Kingston Upon Hull HU3 3PB3
£120K03/210.31 mi65, Boulevard, Hull, City Of Kingston Upon Hull HU3 2UD3
£110K01/230.31 mi40, Plane Street, Hull, City Of Kingston Upon Hull HU3 6BX3
£60K05/230.33 mi11, Ribble Street, Hull, City Of Kingston Upon Hull HU3 3SF3
£105K08/210.34 mi30, Melrose Street, Hull, City Of Kingston Upon Hull HU3 6ES3
£105K06/210.34 mi63, Glencoe Street, Hull, City Of Kingston Upon Hull HU3 6HR3
£95K12/220.35 mi19, Ena Street, Hull, City Of Kingston Upon Hull HU3 2TG3
£80K01/230.36 mi31, Queensgate Street, Hull, City Of Kingston Upon Hull HU3 2TT3
£118K11/200.37 mi110, Hawthorn Avenue, Hull, City Of Kingston Upon Hull HU3 5PY3
£74K06/230.39 mi67, Cholmley Street, Hull, City Of Kingston Upon Hull HU3 3DN3
£77K06/230.43 mi68, Kings Bench Street, Hull, City Of Kingston Upon Hull HU3 2TX3
£150K02/230.44 mi65, Hawthorn Avenue, Hull, City Of Kingston Upon Hull HU3 5PA3
£87K11/200.45 mi569, Anlaby Road, Hull, City Of Kingston Upon Hull HU3 6SH3
£69K04/210.45 mi35, Cholmley Street, Hull, City Of Kingston Upon Hull HU3 3DL3
£70K01/230.48 mi9, Acland Street, Hull, City Of Kingston Upon Hull HU3 6QQ3
£155K03/210.55 mi1, Callerton Street, Hull, City Of Kingston Upon Hull HU3 5BH3
£163K03/230.55 mi60, Springfield Road, Hull, City Of Kingston Upon Hull HU3 6TH3
£73.5K01/210.56 mi145, Alliance Avenue, Hull, Humberside HU3 6QU3
£118K06/230.56 mi131, Alliance Avenue, Hull, City Of Kingston Upon Hull HU3 6QU3
£82K11/200.56 mi96, Alliance Avenue, Hull, City Of Kingston Upon Hull HU3 6QX3
£150K01/230.57 mi14, Parkfield Drive, Hull, City Of Kingston Upon Hull HU3 6TB3
£128K11/200.57 mi7, Brockton Close, Hull, City Of Kingston Upon Hull HU3 5QH3
£97K03/210.58 mi138, De La Pole Avenue, Hull, City Of Kingston Upon Hull HU3 6RQ3
£135K07/220.58 mi8, Littlebeck Close, Hull, City Of Kingston Upon Hull HU3 6NQ3
£133K07/210.58 mi52, Northfield Road, Hull, City Of Kingston Upon Hull HU3 6TL3
£102.5K11/200.6 mi3, Airmyn Avenue, Hull, City Of Kingston Upon Hull HU3 6UD3
£100K12/200.6 mi5, Woldcarr Road, Hull, City Of Kingston Upon Hull HU3 6TP3
£174K02/230.61 mi73, Parkfield Drive, Hull, City Of Kingston Upon Hull HU3 6TF3
£185.5K04/230.61 mi77, Parkfield Drive, Hull, City Of Kingston Upon Hull HU3 6TF3
£165K03/230.61 mi71, Parkfield Drive, Hull, City Of Kingston Upon Hull HU3 6TF3
£100K02/210.61 mi13, Lyric Close, Hull, City Of Kingston Upon Hull HU3 2QJ3
£133.5K03/210.61 mi14, Parkfield Drive, Hull, City Of Kingston Upon Hull HU3 6TB3
£120K03/210.61 mi18, Parkfield Drive, Hull, City Of Kingston Upon Hull HU3 6TB3

Local Rents

33 rents from £595/mo to £1.5K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£69503/250.03 mi-3
£69504/250.06 mi-3
£68511/230.06 mi-3
£65004/240.18 mi-3
£97511/230.22 mi-3
£82503/250.22 mi-3
£79504/240.27 miMelrose Street, Hull, HU3 6ET3
£79505/240.27 miMelrose Street, Hull, HU3 6ET3
£97504/240.27 mi-3
£78512/230.28 mi-3
£80003/250.31 mi-3
£59505/240.35 miQueensgate Street, Hull, East Riding Of Yorkshire, HU33
£85003/250.36 mi-3
£75003/250.36 mi-3
£62505/240.38 miDivision Road, Hull, HU33
£62505/240.38 mi-3
£95004/250.42 mi-3
£82505/240.43 mi-3
£89504/240.45 mi-3
£89505/240.45 mi-3
£89505/240.45 miA De La Pole Avenue, Hull, HU33
£72505/240.48 mi-3
£72504/240.48 miAlbert Avenue, Hull, HU33
£1,50003/250.49 mi-3
£65004/240.52 miNorthfield Road, Hull, East Riding of Yorkshire, HU33
£85012/240.53 mi-3
£1,20011/240.54 mi-3
£65004/240.56 miBeech Grove, Wellsted Street, HU33
£80004/250.59 mi-3
£80004/250.59 mi-3
£80003/250.6 mi-3
£89504/240.61 miParkfield Drive, Hull3
£82501/250.62 mi-3

Local Area Statistics

Population in HU3

26,648

Population in Hull

313,622

Town centre distance

1.73 miles away

Nearest school

0.20 miles away

Nearest train station

1.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-3%

Sales demand

Seller's market

Capital growth (5yrs)

+11%

Property History

Listed for £85,000

March 21, 2025

Description

  • Three Bedroom Terrace Property +
  • Popular Residential Location +
  • Investment Opportunity +
  • Tenants in Situ +
  • Gross Yield of 9.32% +

This well presented three bedroom terrace property offers an excellent investment opportunity. With tenants in situ and an impressive gross rental yield of 9.32%, it’s perfect for first time investors or as a valuable addition to a growing portfolio. Ideally located in a sought after residential area, the property is close to essential local amenities, Hull Royal Hospital, and public transport links, offering convenient access to the city centre - making it highly attractive to prospective tenants. Upon entry, you're welcomed by a hallway leading into a generously sized through lounge and dining room. At the rear, you'll find a fitted kitchen and a bathroom featuring a shower cubicle, bath, basin, and WC. The first floor accommodates three spacious double bedrooms, providing ample space for tenants. Additional benefits include gas central heating, EPC rated C, and low maintenance front garden and rear courtyard. Call Belvoir to arrange a viewing now! EPC rating: C. Tenure: Freehold,

Agent Details

Belvoir, Grimsby

01472 517751

Next Steps?

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