3 Bed Semi-Detached House, Refurb/BRRR, Hull, HU9 2PS, £100,000

Rustenburg Street, Hull, HU9 2PS - 1 views - 10 days ago

Refurb/BRRR
ROI: 4%
~93 m²
+10 photos

ValuationFair Value

Sold Prices£50K - £169.9K
Sold Prices/m²£619/m² - £1.9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£102,000

 

 

End Value (After Refurb)

£106,721

Uplift in Value

+7%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£6,200

Refurb Costs

£37,200

Bridging Loan Interest

£2,625

Total Cash In

£72,775

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£106,721

Mortgage (After Refinance)

£80,041

Mortgage LTV

75%

Cash Released

£5,041

Cash Left In

£67,734

Equity

£26,680

Rent Range

£625 - £900

Rent Estimate

£751

Running Costs/mo

£504

Cashflow/mo

£247

Cashflow/yr

£2,968

ROI

4%

Gross Yield

9%

Local Sold Prices

50 sold prices from £50K to £169.9K, average is £115K. £619/m² to £1.9K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£110K06/210.1 mi148, Rustenburg Street, Hull, City Of Kingston Upon Hull HU9 2PP3
£78K11/200.1 mi136, Rustenburg Street, Hull, City Of Kingston Upon Hull HU9 2PP3
£130K02/230.11 mi167, Steynburg Street, Hull, City Of Kingston Upon Hull HU9 2PG3
£130K06/230.13 mi99, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TE3
£125K11/200.13 mi97, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TE3
£125K05/210.14 mi37, James Niven Court, Hull, City Of Kingston Upon Hull HU9 3AQ3
£90K03/210.17 mi43, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TF3
£145K09/210.18 mi43, Rosedale Avenue, Hull, City Of Kingston Upon Hull HU9 2PN3
£88.5K03/210.18 mi51, Rosedale Avenue, Hull, City Of Kingston Upon Hull HU9 2PN3
£83K04/210.18 mi70, Rosedale Avenue, Hull, City Of Kingston Upon Hull HU9 2PN3
£125K11/210.18 mi161, Southcoates Lane, Hull, City Of Kingston Upon Hull HU9 3AU3
£110K07/230.18 mi85, Southcoates Lane, Hull, City Of Kingston Upon Hull HU9 3AU3
£50K04/210.19 mi120, New Bridge Road, Hull, City Of Kingston Upon Hull HU9 2NH3
£118K03/210.19 mi51, Stephenson Street, Hull, City Of Kingston Upon Hull HU9 3BP3
£71.8K10/210.2 mi141, New Bridge Road, Hull, City Of Kingston Upon Hull HU9 2LP3
£135K04/230.21 mi24, Newcomen Street, Hull, City Of Kingston Upon Hull HU9 3BA3
£120K05/230.21 mi58, Newcomen Street, Hull, City Of Kingston Upon Hull HU9 3BA3
£117K08/210.21 mi6, Newcomen Street, Hull, City Of Kingston Upon Hull HU9 3BA3
£115K01/210.22 mi7, Farndale Avenue, Hull, City Of Kingston Upon Hull HU9 2PH3
£145.5K03/230.22 mi7, Stephenson Street, Hull, City Of Kingston Upon Hull HU9 3BS3
£135K05/230.23 mi17, Southcoates Lane, Hull, City Of Kingston Upon Hull HU9 3AA3
£130K10/210.23 mi229, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TD3
£135K03/210.23 mi235, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TD3
£120K01/230.24 mi30, Watt Street, Hull, City Of Kingston Upon Hull HU9 3BJ3
£118.5K09/210.24 mi12, Rosedale Avenue, Hull, City Of Kingston Upon Hull HU9 2PL3
£129K01/230.24 mi4, Stephenson Street, Hull, City Of Kingston Upon Hull HU9 3BS3
£112.5K03/210.25 mi19, Middleham Close, Hull, City Of Kingston Upon Hull HU9 2RN3
£158K07/230.25 mi72, Savery Street, Hull, City Of Kingston Upon Hull HU9 3BE3
£150K02/210.25 mi51, Savery Street, Hull, City Of Kingston Upon Hull HU9 3BE3
£169.9K08/230.25 mi36, Savery Street, Hull, City Of Kingston Upon Hull HU9 3BE3
£52K01/210.27 mi61, New Bridge Road, Hull, City Of Kingston Upon Hull HU9 2RB3
£97K02/210.28 mi125, Brindley Street, Hull, City Of Kingston Upon Hull HU9 3BT3
£72K06/210.3 mi104, Newcomen Street, Hull, City Of Kingston Upon Hull HU9 3BB3
£96K11/200.3 mi113, Newcomen Street, Hull, City Of Kingston Upon Hull HU9 3BB3
£110K04/210.3 mi16, Eskdale Avenue, Hull, City Of Kingston Upon Hull HU9 3TY3
£85K01/210.3 mi98, Telford Street, Hull, City Of Kingston Upon Hull HU9 3DY3
£97K01/230.3 mi95, Newcomen Street, Hull, City Of Kingston Upon Hull HU9 3BB3
£88K04/230.3 mi17, Sherburn Street, Hull, City Of Kingston Upon Hull HU9 2LA3
£125K04/210.31 mi375, Southcoates Lane, Hull, City Of Kingston Upon Hull HU9 3UN3
£75K11/200.31 mi61, Sweet Dews Grove, Hull, City Of Kingston Upon Hull HU9 2EW3
£95K11/200.31 mi63, Telford Street, Hull, City Of Kingston Upon Hull HU9 3DX3
£135K10/210.31 mi373, Southcoates Lane, Hull, City Of Kingston Upon Hull HU9 3UN3
£100K11/200.31 mi351, Southcoates Lane, Hull, City Of Kingston Upon Hull HU9 3UN3
£125K01/230.33 mi103, Telford Street, Hull, City Of Kingston Upon Hull HU9 3DZ3
£112K05/210.33 mi132, Telford Street, Hull, City Of Kingston Upon Hull HU9 3DZ3
£120K04/230.34 mi414, Southcoates Lane, Hull, City Of Kingston Upon Hull HU9 3TR3
£95K04/210.35 mi16, Edison Grove, Hull, City Of Kingston Upon Hull HU9 3EE3
£115K03/230.36 mi1, Brindley Street, Hull, City Of Kingston Upon Hull HU9 3BD3
£108K06/210.36 mi2, Westerdale Grove, Hull, City Of Kingston Upon Hull HU9 3UJ3
£115K02/230.36 mi68, Westerdale Grove, Hull, City Of Kingston Upon Hull HU9 3UJ3

Local Rents

33 rents from £625/mo to £900/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£70004/240.01 miRustenburg Street, Hull, HU93
£90004/250.14 mi-3
£62503/240.14 miJames Niven Court, Hull, East Riding Of Yorkshire, HU93
£69512/240.14 mi-3
£75004/240.14 mi-3
£77512/240.14 mi-3
£75004/250.15 mi-3
£75002/240.18 mi-3
£70003/250.2 mi-3
£80003/250.23 mi-3
£79502/250.24 mi-3
£75006/240.26 mi-3
£75006/240.26 mi-3
£72505/240.27 miSherburn Street, Hull3
£75005/240.28 mi-3
£69512/240.31 mi-3
£85003/250.32 mi-3
£85004/250.32 mi-3
£87006/240.37 miTelford Street, HULL3
£79505/240.39 miJalland Street, Hull, HU83
£79505/240.4 miSevern Street, Hull3
£69506/240.41 mi-3
£69505/240.41 miBoulton Grove, Hull, HU93
£65005/240.42 miByron Street, Westcott Street3
£65006/240.42 miByron Street, Westcott Street3
£69505/240.46 miMersey St, Hull, HU83
£72505/240.47 miSummergangs Road, Hull3
£79505/240.47 miSevern Street, HULL3
£79504/240.53 miMersey Street, Hull3
£80005/240.54 miCollege Grove, HULL3
£85001/250.55 mi-3
£72504/240.57 miStanhope Avenue, Holderness Road, Hull, East Yorkshire, HU93
£74505/240.58 mi-3

Local Area Statistics

Population in HU9

40,948

Population in Hull

313,622

Town centre distance

2.36 miles away

Nearest school

0.20 miles away

Nearest train station

1.96 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £100,000

April 2, 2025

Floor Plans

Description

  • SEMI-DETACHED +
  • 3 BEDROOMS +
  • NO CHAIN +
  • LOTS OF POTENTIAL +
  • FREEHOLD +
  • CLOSE TO AMENITIES +

Guide Price £100,000 - £105,000

This semi-detached property presents an exciting opportunity for those looking to create their dream home. Offered with no chain, whilst in need of updating, allowing you to design and renovate to your taste.

The ground floor features an entrance hall, a spacious lounge/diner and a kitchen, while in need of updating, offers potential for a modern cooking space.

Upstairs, you'll find three bedrooms, providing ample space, along with a bathroom that awaits your personal touch. The property also boasts a rear garden. Don’t miss out on this chance to transform this house into a beautiful home!

Situated on Rustenburg Street with many facilities close on Mount Pleasant, such as ASDA, Home Bargains and B&M. Stone throw away to local primary schools such as Estcourt Primary Academy and Craven Primary. Mere minutes away from the popular Holderness Road providing access to further amenities and local transport links to Hull City Centre and the surrounding village.

Agent Details

Wigwam Homes, Hull

01482 251836

Next Steps?

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