2 Bed Terraced House, Cash/Bridging Only, Hull, HU8 7TE, £46,000

Colenso Villas, Barnsley Street, Hull, HU8 7TE - 1 views - a month ago

Cash
ROI: 4%
~68 m²
+4 photos

ValuationUndervalued

Sold Prices£50K - £150K
Sold Prices/m²£619/m² - £2.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£675/m²

Value Estimate

£47,380
BMV3%

 

 

End Value (After Refurb)

£99,239

Uplift in Value

+116%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£11,500

Stamp Duty & Legal Fees

£3,500

Refurb Costs

£27,200

Bridging Loan Interest

£1,208

Total Cash In

£45,158

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£99,239

Agent Fees (1%)

£992

Bridging Loan

£34,500

Bridging Loan Interest

£1,208

Flip Profit

£18,589

Local Sold Prices

50 sold prices from £50K to £150K, average is £84.3K. £619/m² to £2.7K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£72.5K02/210.03 mi127, Barnsley Street, Hull, City Of Kingston Upon Hull HU8 7SA2
£65K03/230.05 mi177, Buckingham Street, Hull, City Of Kingston Upon Hull HU8 8TL2
£77K12/220.05 mi148, Buckingham Street, Hull, City Of Kingston Upon Hull HU8 8TL2
£77.5K03/210.06 mi50, Endymion Street, Hull, City Of Kingston Upon Hull HU8 8TY2
£110K03/230.06 mi107, Barnsley Street, Hull, City Of Kingston Upon Hull HU8 7SF2
£50K05/210.09 mi13, Berkshire Street, Hull, City Of Kingston Upon Hull HU8 8TJ2
£61K12/200.09 mi9, Berkshire Street, Hull, Humberside HU8 8TJ2
£77K05/210.14 mi124, Severn Street, Hull, City Of Kingston Upon Hull HU8 8TH2
£50K09/210.15 mi13, Montrose Street, Hull, City Of Kingston Upon Hull HU8 7RU2
£106.5K02/210.15 mi39, James Reckitt Avenue, Hull, City Of Kingston Upon Hull HU8 7TH2
£80K11/200.2 mi127, Durham Street, Hull, City Of Kingston Upon Hull HU8 8RQ2
£71K06/210.21 mi64, Severn Street, Hull, City Of Kingston Upon Hull HU8 8TQ2
£128.5K03/210.22 mi48, Beech Avenue, Garden Village, Hull, City Of Kingston Upon Hull HU8 8QJ2
£145K10/210.24 mi149, James Reckitt Avenue, Hull, City Of Kingston Upon Hull HU8 7TJ2
£120K08/210.29 mi4, Simpson Avenue, Hull, City Of Kingston Upon Hull HU8 8AS2
£88.5K06/230.3 mi38, Mersey Street, Hull, City Of Kingston Upon Hull HU8 8SG2
£131K11/200.33 mi19, Bibury Close, Hull, City Of Kingston Upon Hull HU8 8HQ2
£117.5K08/210.33 mi44, Jalland Street, Hull, City Of Kingston Upon Hull HU8 8RB2
£107.5K03/230.38 mi73, Woodhall Street, Hull, City Of Kingston Upon Hull HU8 8DU2
£90K08/210.38 mi73, Woodhall Street, Hull, City Of Kingston Upon Hull HU8 8DU2
£125K11/200.38 mi35, Ashendon Drive, Hull, City Of Kingston Upon Hull HU8 8DY2
£111K03/210.39 mi160, James Reckitt Avenue, Hull, City Of Kingston Upon Hull HU8 7TN2
£135K12/200.39 mi172, James Reckitt Avenue, Hull, City Of Kingston Upon Hull HU8 7TN2
£107K03/210.4 mi18, Woodhall Street, Hull, City Of Kingston Upon Hull HU8 8DS2
£64K11/200.41 mi44, Holland Street, Hull, City Of Kingston Upon Hull HU9 2JB2
£67K08/230.45 mi4, Kirkstead Street, Hull, City Of Kingston Upon Hull HU8 8DR2
£96K02/230.47 mi71, Victor Street, Hull, City Of Kingston Upon Hull HU9 2EX2
£65K08/210.47 mi7, Kathleen Road, Hull, City Of Kingston Upon Hull HU8 8EB2
£52K03/210.48 mi2, Dene Street, Hull, City Of Kingston Upon Hull HU9 2LX2
£107K03/230.49 mi11, Wordsworth Street, Hull, City Of Kingston Upon Hull HU8 8LT2
£80K04/230.51 mi6, Whitby Street, Hull, City Of Kingston Upon Hull HU8 7HN2
£60K12/200.53 mi76, Brazil Street, Hull, City Of Kingston Upon Hull HU9 1JZ2
£67.5K11/200.54 mi65, New Bridge Road, Hull, Humberside HU9 2RB2
£128K03/230.55 mi22, Brendon Avenue, Hull, City Of Kingston Upon Hull HU8 8JE2
£106K01/210.56 mi113, Lee Street, Hull, City Of Kingston Upon Hull HU8 8NW2
£97K04/210.56 mi123, Lee Street, Hull, City Of Kingston Upon Hull HU8 8NW2
£95K04/210.56 mi15, Camborne Grove, Hull, City Of Kingston Upon Hull HU8 8HX2
£67K02/230.56 mi92, Egton Street, Hull, City Of Kingston Upon Hull HU8 7HS2
£103K02/230.56 mi123, Lee Street, Hull, City Of Kingston Upon Hull HU8 8NW2
£150K09/210.57 mi11, Dornoch Drive, Hull, City Of Kingston Upon Hull HU8 8JL2
£115K04/210.57 mi32, Dornoch Drive, Hull, City Of Kingston Upon Hull HU8 8JL2
£75K04/210.58 mi48, Field Street, Hull, City Of Kingston Upon Hull HU9 1HS2
£65K05/230.59 mi25, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TG2
£77K04/230.59 mi15, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TG2
£55.9K03/230.59 mi80, Wynburg Street, Hull, City Of Kingston Upon Hull HU9 2PB2
£136K02/230.6 mi29, Kent Close, Hull, City Of Kingston Upon Hull HU9 2AU2
£95K10/210.6 mi97, Steynburg Street, Hull, City Of Kingston Upon Hull HU9 2PE2
£75K03/210.6 mi97, Steynburg Street, Hull, City Of Kingston Upon Hull HU9 2PE2
£80K09/210.6 mi49, Steynburg Street, Hull, City Of Kingston Upon Hull HU9 2PE2
£69.5K03/230.6 mi78, Egton Street, Hull, City Of Kingston Upon Hull HU8 7HU2

Local Rents

50 rents from £417/mo to £1.1K/mo, average is £595/mo.

RentDateDistanceAddressBeds 
£55006/240.01 mi-2
£55005/240.01 miEast Ridings Of Yorkshire, East Ridings Of Yorkshire, HU82
£56502/240.02 mi-2
£57504/240.03 miAlaska Street, Hull, East Riding of Yorkshi, HU82
£55002/240.03 mi-2
£55003/250.03 mi-2
£59501/240.04 mi-2
£59502/240.04 mi-2
£55004/240.04 mi-2
£75006/240.05 miBuckingham Street, HULL2
£62505/240.06 miEndymion Street, Hull2
£59505/240.07 mi-2
£59505/240.07 mi-2
£59504/240.07 miBuckingham Street, Hull, HU82
£55005/240.08 miEndymion Street, Hull2
£59512/240.08 mi-2
£59502/250.08 mi-2
£59506/240.08 miEddlethorpe, Buckingham Street, Hull2
£1,07004/250.09 mi-2
£77502/250.1 mi-2
£79504/250.1 mi-2
£72504/250.1 mi-2
£62506/240.14 miSevern Street, Hull2
£57505/240.14 miSevern Street, HULL2
£59505/240.16 miDamson Lane North, Garden Village, Hull, HU8 7RR2
£55005/240.17 miDansom Lane North, HULL2
£55004/240.18 mi-2
£60012/240.18 mi-2
£64005/240.24 mi-2
£57509/240.24 mi-2
£64004/250.25 mi-2
£90004/250.25 mi-2
£64005/240.27 mi-2
£64001/250.29 mi-2
£64003/250.29 mi-2
£65004/250.29 mi-2
£50001/240.29 mi-2
£41704/240.34 mi-2
£75005/240.39 miAshendon Drive, Hull2
£57505/240.45 mi5 Kirkstead Avenue2
£62505/240.46 miJesmond Gardens, Hull2
£62503/250.46 mi-2
£60006/240.48 miAbbey Street, HULL2
£67505/240.49 miKathleen Road, HU82
£55004/240.49 miMables Villas, Holland Street, Hull2
£55004/240.49 miMables Villas, Holland Street, Hull, HU92
£65002/240.49 mi-2
£70012/240.49 mi-2
£54504/240.49 mi-2
£55005/240.5 miHenley Avenue, Brazil Street, Hull, East Riding Of Yorkshire, HU92

Local Area Statistics

Population in HU8

34,175

Population in Hull

313,622

Town centre distance

1.67 miles away

Nearest school

0.10 miles away

Nearest train station

1.47 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Seller's market

Capital growth (5yrs)

+16%

Property History

Listed for £46,000

March 26, 2025

Description

  • Investor Opportunity +
  • Full Refurbishment Required +
  • Popular Residential Area +
  • Close to Local Primary School +
  • Close to Local Amenities +
  • Good Transport Links +
  • Two Bedrooms +
  • Cash Buyers Only +

CASH BUYERS ONLY ! Offered to the market with no upward chain, this property is an ideal refurbishment opportunity for an investor or young family wanting to put their own stamp on the property. Situated on Barnsley Street and in close proximity to Holderness Road, providing easy access to an array of shops and amenities, as well as excellent transport links to Hull City Centre and the surrounding areas. This two bedroom terraced property briefly comprises of a lounge, kitchen and bathroom to the ground floor.  To the first floor there are two bedrooms. Externally there is a rear yard area. NO UPWARD CHAIN INVOLVED EPC rating: D. Tenure: Freehold,

Agent Details

Northwood, Northwood Beverley & Hull

01484 627038

Next Steps?

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