3 Bed Semi-Detached House, Refurb/BRRR, Hull, HU3 2UA, £120,000

1 St. Matthew Street, Hull, HU3 2UA - 8 days ago

Refurb/BRRR
ROI: 4%
~93 m²
+6 photos

ValuationOvervalued

Sold Prices£57K - £230K
Sold Prices/m²£535/m² - £1.6K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£94,947

 

 

End Value (After Refurb)

£116,250

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£7,200

Refurb Costs

£37,371

Bridging Loan Interest

£3,150

Total Cash In

£79,471

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£116,250

Mortgage (After Refinance)

£87,188

Mortgage LTV

75%

Cash Left In

£79,471

Equity

£29,063

Rent Range

£595 - £1,500

Rent Estimate

£815

Running Costs/mo

£546

Cashflow/mo

£269

Cashflow/yr

£3,225

ROI

4%

Gross Yield

8%

Local Sold Prices

50 sold prices from £57K to £230K, average is £92.5K. £535/m² to £1.6K/m², average is £1K/m².

PriceDateDistanceAddressBeds 
£120K03/210.05 mi65, Boulevard, Hull, City Of Kingston Upon Hull HU3 2UD3
£80K01/230.07 mi31, Queensgate Street, Hull, City Of Kingston Upon Hull HU3 2TT3
£77K06/230.09 mi68, Kings Bench Street, Hull, City Of Kingston Upon Hull HU3 2TX3
£95K12/220.1 mi19, Ena Street, Hull, City Of Kingston Upon Hull HU3 2TG3
£74K06/230.11 mi67, Cholmley Street, Hull, City Of Kingston Upon Hull HU3 3DN3
£86K10/200.12 mi172, Coltman Street, Hull, City Of Kingston Upon Hull HU3 2SQ3
£69K04/210.13 mi35, Cholmley Street, Hull, City Of Kingston Upon Hull HU3 3DL3
£96K03/210.16 mi32, Gordon Street, Hull, City Of Kingston Upon Hull HU3 3HN3
£87K11/210.23 mi9, Selby Street, Hull, City Of Kingston Upon Hull HU3 3PB3
£100K02/210.27 mi13, Lyric Close, Hull, City Of Kingston Upon Hull HU3 2QJ3
£110K01/210.28 mi52, Clairbrook Close, Hull, City Of Kingston Upon Hull HU3 3QQ3
£115K05/230.3 mi7, Winship Close, Hull, City Of Kingston Upon Hull HU3 2QN3
£95K02/230.31 mi3, Dorado Close, Hull, City Of Kingston Upon Hull HU3 3QR3
£110K12/220.31 mi8, Midgley Close, Hull, City Of Kingston Upon Hull HU3 2QL3
£67K04/210.32 mi28, Glasgow Street, Hull, City Of Kingston Upon Hull HU3 3PR3
£57K12/220.35 mi35, Arthur Street, Hull, City Of Kingston Upon Hull HU3 6BH3
£111K02/230.38 mi138, St Georges Road, Hull, City Of Kingston Upon Hull HU3 3QE3
£58K11/200.39 mi49, Arthur Street, Hull, City Of Kingston Upon Hull HU3 6BJ3
£72K03/210.4 mi14, Newport Close, Hull, City Of Kingston Upon Hull HU3 2NB3
£67K04/210.41 mi59, St Georges Road, Hull, City Of Kingston Upon Hull HU3 6EE3
£60K07/230.42 mi136, Somerset Street, Hull, City Of Kingston Upon Hull HU3 3QH3
£85K07/230.42 mi110, Somerset Street, Hull, City Of Kingston Upon Hull HU3 3QG3
£60K05/230.45 mi11, Ribble Street, Hull, City Of Kingston Upon Hull HU3 3SF3
£73K10/200.46 mi29, Redfern Close, Hull, City Of Kingston Upon Hull HU3 2RB3
£90K12/200.48 mi38, St Georges Road, Hull, City Of Kingston Upon Hull HU3 6EJ3
£90K12/220.48 mi28, St Georges Road, Hull, City Of Kingston Upon Hull HU3 6EJ3
£132K09/220.48 mi11, Edinburgh Street, Hull, City Of Kingston Upon Hull HU3 5AP3
£77K12/200.5 mi116, Plane Street, Hull, City Of Kingston Upon Hull HU3 6BY3
£73K06/210.53 mi15, Quantock Close, Hull, City Of Kingston Upon Hull HU3 2HJ3
£85K11/200.55 mi96, Plane Street, Hull, City Of Kingston Upon Hull HU3 6BX3
£112K02/230.55 mi5, Neville Close, Hull, City Of Kingston Upon Hull HU3 2HL3
£110K01/230.57 mi40, Plane Street, Hull, City Of Kingston Upon Hull HU3 6BX3
£105K03/230.57 mi76, Greek Street, Hull, City Of Kingston Upon Hull HU3 6DE3
£125K03/230.58 mi73, Melrose Street, Hull, City Of Kingston Upon Hull HU3 6ET3
£105K08/210.61 mi30, Melrose Street, Hull, City Of Kingston Upon Hull HU3 6ES3
£131K12/220.62 mi48, Wenlock Street, Hull, City Of Kingston Upon Hull HU3 1DF3
£70K01/230.62 mi9, Acland Street, Hull, City Of Kingston Upon Hull HU3 6QQ3
£105K06/210.63 mi63, Glencoe Street, Hull, City Of Kingston Upon Hull HU3 6HR3
£135K07/220.66 mi8, Littlebeck Close, Hull, City Of Kingston Upon Hull HU3 6NQ3
£105K07/210.67 mi169, Stanley Street, Hull, City Of Kingston Upon Hull HU3 1JU3
£87K08/210.7 mi63, Clarendon Street, Hull, City Of Kingston Upon Hull HU3 1AN3
£118K11/200.7 mi110, Hawthorn Avenue, Hull, City Of Kingston Upon Hull HU3 5PY3
£87K11/200.71 mi569, Anlaby Road, Hull, City Of Kingston Upon Hull HU3 6SH3
£230K09/210.72 mi28, Sunny Bank, Hull, Humberside HU3 1LH3
£150K02/230.74 mi65, Hawthorn Avenue, Hull, City Of Kingston Upon Hull HU3 5PA3
£99K12/200.74 mi29, Stanley Street, Hull, City Of Kingston Upon Hull HU3 1JS3
£97K03/210.75 mi138, De La Pole Avenue, Hull, City Of Kingston Upon Hull HU3 6RQ3
£135K01/230.75 mi385, Spring Bank West, Hull, City Of Kingston Upon Hull HU3 1LD3
£82K11/200.76 mi96, Alliance Avenue, Hull, City Of Kingston Upon Hull HU3 6QX3
£73.5K01/210.76 mi145, Alliance Avenue, Hull, Humberside HU3 6QU3

Local Rents

26 rents from £595/mo to £1.5K/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£59505/240.06 miQueensgate Street, Hull, East Riding Of Yorkshire, HU33
£85003/250.07 mi-3
£95003/250.08 mi-3
£82505/240.09 mi-3
£1,50003/250.21 mi-3
£85012/240.23 mi-3
£1,20011/240.29 mi-3
£69503/250.31 mi-3
£69503/250.32 mi-3
£65004/240.32 miBeech Grove, Wellsted Street, HU33
£67504/240.33 miLinnaeus Street, Hull, East Riding Of Yorkshire, HU33
£67505/240.33 miLinnaeus Street, Hull, East Riding Of Yorkshire, HU33
£68511/230.33 mi-3
£80003/250.35 mi-3
£80003/250.35 mi-3
£62505/240.36 mi-3
£62505/240.36 miDivision Road, Hull, HU33
£65004/240.36 mi-3
£75003/250.36 mi-3
£97511/230.39 mi-3
£82503/250.39 mi-3
£78512/230.47 mi-3
£97504/240.57 mi-3
£79504/240.57 miMelrose Street, Hull, HU3 6ET3
£79505/240.57 miMelrose Street, Hull, HU3 6ET3
£80003/250.59 mi-3

Local Area Statistics

Population in HU3

26,648

Population in Hull

313,622

Town centre distance

1.57 miles away

Nearest school

0.20 miles away

Nearest train station

0.81 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-3%

Sales demand

Seller's market

Capital growth (5yrs)

+11%

Property History

Listed for £120,000

March 28, 2025

Floor Plans

Description

  • Convenient location +
  • Bags of potential +
  • Close to amenities +
  • Bus routes to the city centre +

SUMMARY
Situated in this convenient location, this property is the close to local amenities and is perfect for an investor or first time buyer with easy access to the city centre

DESCRIPTION
This 3-bedroom mid-terrace property is ideally located close to a range of amenities, making it perfect for both first-time buyers and investors. The house offers a low-maintenance front garden, providing a neat and tidy exterior with minimal upkeep. On-street parking is available, offering convenient access for residents and guests.

Inside, the property features a comfortable layout with spacious living areas that benefit from natural light, creating a warm and inviting atmosphere. The two bedrooms are well-proportioned, providing a great space for a small family, professionals, or students. The kitchen and bathroom are functional, with potential for further modernisation to suit your personal style.

With easy access to the town centre, this home is perfectly positioned for those looking to enjoy the convenience of nearby shops, cafes, and public transport, making commuting or exploring the area hassle-free. Whether you're a first-time buyer looking for a manageable property or an investor seeking a solid rental opportunity, this home offers fantastic potential in a great location.

Entrance Hall 
Double glazed entrance door to the front and a radiator.

Lounge 15' 5" x 11' 6" ( 4.70m x 3.51m )
Double glazed bay window to the front, storage cupboard and a radiator.

Dining Room 12' 4" x 11' 9" ( 3.76m x 3.58m )
Double glazed window to the rear, storage cupboard and a radiator.

Kitchen 14' 5" x 9' 5" ( 4.39m x 2.87m )
Fitted kitchen with a range of wall and base units, work surfaces, stainless steel sink, space for appliances, double glazed window to the side and double glazed door to the rear.

Landing 
Split level landing.

Bedroom 1 15' 2" x 12' 6" ( 4.62m x 3.81m )
Two double glazed windows to the front and a radiator.

Bedroom 2 12' 5" x 9' 9" ( 3.78m x 2.97m )
Double glazed window to the rear and a radiator.

Bedroom 3 9' 5" x 8' 5" ( 2.87m x 2.57m )
Double glazed window to the rear and a radiator.

Shower Room 
Shower room with walk in shower, low level W/C, pedestal wash hand basin, radiator and double glazed window to the side.

Front Garden 
Low maintenance front yard laid to concrete.

Rear Garden 
The rear garden is laid to lawn, with patio area, shed and fence surround.

DIRECTIONS
See below map for property location, 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 Newland Avenue

01482 251831

Next Steps?

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