2 Bed Terraced House, Single Let, Hull, HU9 2JR, £40,000





ValuationUndervalued
Sold Prices | £50K - £136K |
Sold Prices/m² | £619/m² - £2.7K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £587/m² |
Value Estimate | £48,000£48,000 |
BMV | 20% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £10,000£10,000 |
Stamp Duty & Legal Fees | £3,200£3,200 |
Total Cash In | £13,200£13,200 |
| |
Cash Out | |
Rent Range | £417 - £2,375£417 - £2,375 |
Rent Estimate | £500 |
Running Costs/mo | £245£245 |
Cashflow/mo | £255£255 |
Cashflow/yr | £3,060£3,060 |
ROI | 23%23% |
Gross Yield | 15%15% |
Local Sold Prices
50 sold prices from £50K to £136K, average is £76K. £619/m² to £2.7K/m², average is £1.1K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£67.5K | 11/20 | 0.06 mi | 65, New Bridge Road, Hull, Humberside HU9 2RB | £786 | 86 | 2 | Terraced House | |
£64K | 11/20 | 0.08 mi | 44, Holland Street, Hull, City Of Kingston Upon Hull HU9 2JB | £736 | 87 | 2 | Terraced House | |
£96K | 02/23 | 0.09 mi | 71, Victor Street, Hull, City Of Kingston Upon Hull HU9 2EX | £1,600 | 60 | 2 | Terraced House | |
£65K | 05/23 | 0.11 mi | 25, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TG | - | - | 2 | Terraced House | |
£77K | 04/23 | 0.11 mi | 15, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TG | £987 | 78 | 2 | Terraced House | |
£52K | 11/20 | 0.16 mi | 73, Belmont Street, Hull, City Of Kingston Upon Hull HU9 2RH | £924 | 56 | 2 | Terraced House | |
£62.5K | 04/21 | 0.16 mi | 89, Belmont Street, Hull, Humberside HU9 2RH | - | - | 2 | Terraced House | |
£70K | 12/21 | 0.16 mi | 99, Belmont Street, Hull, City Of Kingston Upon Hull HU9 2RH | £1,346 | 52 | 2 | Terraced House | |
£80K | 01/23 | 0.16 mi | 21, Middleburg Street, Hull, City Of Kingston Upon Hull HU9 2QN | £1,058 | 76 | 2 | Terraced House | |
£57K | 01/21 | 0.17 mi | 61, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TF | £731 | 78 | 2 | Terraced House | |
£70K | 07/21 | 0.19 mi | 60, Belmont Street, Hull, City Of Kingston Upon Hull HU9 2RL | £1,111 | 63 | 2 | Terraced House | |
£86K | 07/23 | 0.19 mi | 80, Belmont Street, Hull, City Of Kingston Upon Hull HU9 2RL | - | - | 2 | Terraced House | |
£88.5K | 06/23 | 0.22 mi | 38, Mersey Street, Hull, City Of Kingston Upon Hull HU8 8SG | - | - | 2 | Terraced House | |
£62.5K | 02/23 | 0.22 mi | 86, Estcourt Street, Hull, City Of Kingston Upon Hull HU9 2RR | £1,059 | 59 | 2 | Terraced House | |
£52K | 03/21 | 0.23 mi | 2, Dene Street, Hull, City Of Kingston Upon Hull HU9 2LX | £619 | 84 | 2 | Terraced House | |
£95K | 10/21 | 0.25 mi | 97, Steynburg Street, Hull, City Of Kingston Upon Hull HU9 2PE | £1,277 | 74 | 2 | Terraced House | |
£75K | 03/21 | 0.25 mi | 97, Steynburg Street, Hull, City Of Kingston Upon Hull HU9 2PE | £1,008 | 74 | 2 | Terraced House | |
£80K | 09/21 | 0.25 mi | 49, Steynburg Street, Hull, City Of Kingston Upon Hull HU9 2PE | £1,081 | 74 | 2 | Terraced House | |
£55.9K | 03/23 | 0.25 mi | 80, Wynburg Street, Hull, City Of Kingston Upon Hull HU9 2PB | £765 | 73 | 2 | Terraced House | |
£51K | 12/20 | 0.26 mi | 111, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TE | £662 | 77 | 2 | Terraced House | |
£90.5K | 01/23 | 0.26 mi | 21, Staxton Court, Hull, City Of Kingston Upon Hull HU9 2RW | - | - | 2 | Semi-Detached House | |
£80K | 02/23 | 0.26 mi | 57, Steynburg Street, Hull, City Of Kingston Upon Hull HU9 2PE | £1,055 | 76 | 2 | Terraced House | |
£70K | 03/21 | 0.26 mi | 191, Belmont Street, Hull, City Of Kingston Upon Hull HU9 2RJ | £1,111 | 63 | 2 | Terraced House | |
£70K | 11/20 | 0.26 mi | 115, Belmont Street, Hull, City Of Kingston Upon Hull HU9 2RJ | £1,148 | 61 | 2 | Terraced House | |
£59K | 02/21 | 0.26 mi | 111, Belmont Street, Hull, City Of Kingston Upon Hull HU9 2RJ | £1,054 | 56 | 2 | Terraced House | |
£87.5K | 01/23 | 0.27 mi | 88, Rustenburg Street, Hull, City Of Kingston Upon Hull HU9 2PS | £1,006 | 87 | 2 | Terraced House | |
£74.2K | 06/23 | 0.28 mi | 87, Rustenburg Street, Hull, City Of Kingston Upon Hull HU9 2PS | - | - | 2 | Terraced House | |
£71K | 06/21 | 0.3 mi | 64, Severn Street, Hull, City Of Kingston Upon Hull HU8 8TQ | £1,044 | 68 | 2 | Terraced House | |
£126K | 06/23 | 0.3 mi | 14, James Niven Court, Hull, City Of Kingston Upon Hull HU9 3AQ | - | - | 2 | Terraced House | |
£66.5K | 11/20 | 0.31 mi | 159, Estcourt Street, Hull, City Of Kingston Upon Hull HU9 2RS | £782 | 85 | 2 | Terraced House | |
£75K | 03/23 | 0.31 mi | 159, Estcourt Street, Hull, City Of Kingston Upon Hull HU9 2RS | £882 | 85 | 2 | Terraced House | |
£136K | 02/23 | 0.31 mi | 29, Kent Close, Hull, City Of Kingston Upon Hull HU9 2AU | £2,720 | 50 | 2 | Semi-Detached House | |
£117.5K | 08/21 | 0.31 mi | 44, Jalland Street, Hull, City Of Kingston Upon Hull HU8 8RB | £1,046 | 112 | 2 | Terraced House | |
£105K | 01/21 | 0.31 mi | 30, Kent Close, Hull, City Of Kingston Upon Hull HU9 2AU | £1,458 | 72 | 2 | Semi-Detached House | |
£55K | 12/22 | 0.33 mi | 145, Rosmead Street, Hull, City Of Kingston Upon Hull HU9 2TA | £724 | 76 | 2 | Terraced House | |
£77K | 05/21 | 0.39 mi | 124, Severn Street, Hull, City Of Kingston Upon Hull HU8 8TH | £1,167 | 66 | 2 | Terraced House | |
£60K | 12/20 | 0.4 mi | 76, Brazil Street, Hull, City Of Kingston Upon Hull HU9 1JZ | £710 | 84 | 2 | Semi-Detached House | |
£80K | 11/20 | 0.43 mi | 127, Durham Street, Hull, City Of Kingston Upon Hull HU8 8RQ | £952 | 84 | 2 | Semi-Detached House | |
£110K | 03/23 | 0.43 mi | 107, Barnsley Street, Hull, City Of Kingston Upon Hull HU8 7SF | - | - | 2 | Terraced House | |
£115K | 09/21 | 0.45 mi | 1, Dovedale Grove, Hull, City Of Kingston Upon Hull HU9 3UF | £1,983 | 58 | 2 | Terraced House | |
£115K | 09/21 | 0.45 mi | 1, Dovedale Grove, Hull, City Of Kingston Upon Hull HU9 3UF | £1,983 | 58 | 2 | Terraced House | |
£50K | 05/21 | 0.45 mi | 13, Berkshire Street, Hull, City Of Kingston Upon Hull HU8 8TJ | £873 | 57 | 2 | Terraced House | |
£61K | 12/20 | 0.45 mi | 9, Berkshire Street, Hull, Humberside HU8 8TJ | £965 | 63 | 2 | Terraced House | |
£113K | 10/21 | 0.46 mi | 48, Swaledale Avenue, Hull, City Of Kingston Upon Hull HU9 3UE | £1,794 | 63 | 2 | Semi-Detached House | |
£65K | 03/23 | 0.47 mi | 177, Buckingham Street, Hull, City Of Kingston Upon Hull HU8 8TL | £1,016 | 64 | 2 | Terraced House | |
£123K | 11/21 | 0.47 mi | 8, Bannister Drive, Hull, City Of Kingston Upon Hull HU9 1EJ | £2,158 | 57 | 2 | Semi-Detached House | |
£120K | 12/21 | 0.47 mi | 62, Bannister Drive, Hull, City Of Kingston Upon Hull HU9 1EJ | £2,143 | 56 | 2 | Semi-Detached House | |
£100K | 02/21 | 0.47 mi | 11, Bannister Drive, Hull, City Of Kingston Upon Hull HU9 1EJ | £1,787 | 56 | 2 | Semi-Detached House | |
£110K | 02/23 | 0.48 mi | 33, Rosedale Avenue, Hull, City Of Kingston Upon Hull HU9 2PL | - | - | 2 | Terraced House | |
£128.5K | 03/21 | 0.49 mi | 48, Beech Avenue, Garden Village, Hull, City Of Kingston Upon Hull HU8 8QJ | - | - | 2 | Terraced House |
Local Rents
50 rents from £417/mo to £2.4K/mo, average is £600/mo.
Rent | Date | Distance | Address | Beds | Type | |
£550 | 04/24 | 0 mi | Mables Villas, Holland Street, Hull, HU9 | 2 | Terraced House | |
£650 | 02/24 | 0 mi | - | 2 | Terraced House | |
£700 | 12/24 | 0 mi | - | 2 | Terraced House | |
£550 | 04/24 | 0 mi | Mables Villas, Holland Street, Hull | 2 | House | |
£550 | 03/25 | 0.05 mi | - | 2 | Terraced House | |
£595 | 04/25 | 0.07 mi | - | 2 | Terraced House | |
£575 | 04/24 | 0.07 mi | New Bridge Road, Southcoates, Hull, HU9 2RF | 2 | Terraced House | |
£575 | 05/24 | 0.07 mi | - | 2 | Terraced House | |
£575 | 05/24 | 0.1 mi | Albert Avenue, Hull, HU9 | 2 | Terraced House | |
£575 | 03/25 | 0.12 mi | - | 2 | Terraced House | |
£595 | 02/25 | 0.13 mi | - | 2 | Flat | |
£600 | 05/24 | 0.14 mi | - | 2 | Terraced House | |
£625 | 03/25 | 0.14 mi | - | 2 | Terraced House | |
£625 | 05/24 | 0.14 mi | Jesmond Gardens, Hull | 2 | House | |
£625 | 06/24 | 0.16 mi | Middleburg Street, Hull | 2 | Terraced House | |
£550 | 04/24 | 0.17 mi | Middleburg Street, HU9 | 2 | Terraced House | |
£575 | 12/24 | 0.18 mi | - | 2 | Terraced House | |
£650 | 05/24 | 0.18 mi | - | 2 | Terraced House | |
£550 | 05/24 | 0.18 mi | - | 2 | Terraced House | |
£650 | 04/24 | 0.18 mi | Rensburg St, Hull, HU9 | 2 | Terraced House | |
£650 | 04/25 | 0.18 mi | - | 2 | Terraced House | |
£575 | 05/24 | 0.19 mi | 9 Allendale, Middleburg Street, Newbridge Road, Hull,HU9 2QX | 2 | Terraced House | |
£600 | 05/24 | 0.2 mi | Madoline Grove, Estcourt Street, Hull, East Yorkshire, HU9 | 2 | Terraced House | |
£650 | 04/24 | 0.21 mi | - | 2 | Terraced House | |
£630 | 04/24 | 0.21 mi | - | 2 | Terraced House | |
£675 | 04/25 | 0.21 mi | - | 2 | Terraced House | |
£525 | 04/24 | 0.21 mi | 5 Rosebury Villas, Rosmead Street, Hull, HU9 2TN | 2 | Terraced House | |
£600 | 12/24 | 0.21 mi | - | 2 | Terraced House | |
£500 | 01/24 | 0.22 mi | - | 2 | Terraced House | |
£2,375 | 02/24 | 0.23 mi | - | 2 | Terraced House | |
£650 | 04/25 | 0.23 mi | - | 2 | Terraced House | |
£417 | 04/24 | 0.23 mi | - | 2 | Flat | |
£625 | 03/25 | 0.23 mi | - | 2 | Terraced House | |
£600 | 01/25 | 0.24 mi | - | 2 | Terraced House | |
£700 | 05/24 | 0.24 mi | - | 2 | Terraced House | |
£750 | 04/25 | 0.24 mi | - | 2 | Terraced House | |
£545 | 04/24 | 0.25 mi | - | 2 | Terraced House | |
£650 | 02/25 | 0.25 mi | - | 2 | Semi-Detached House | |
£595 | 06/24 | 0.26 mi | 113 Rosmead Street, HU9 2TE | 2 | Terraced House | |
£475 | 03/24 | 0.26 mi | Belmont Street, Hull, East Riding Of Yorkshire, HU9 | 2 | Terraced House | |
£625 | 03/25 | 0.26 mi | - | 2 | Terraced House | |
£600 | 04/24 | 0.26 mi | - | 2 | Terraced House | |
£700 | 02/25 | 0.27 mi | - | 2 | Terraced House | |
£560 | 04/24 | 0.27 mi | Wenlock Terrace, Rustenburg Street, Hull, East Yorkshire, HU9 | 2 | Terraced House | |
£595 | 05/24 | 0.27 mi | 4 Crompton Villas | 2 | Terraced House | |
£750 | 03/25 | 0.27 mi | - | 2 | Terraced House | |
£625 | 05/24 | 0.28 mi | Byland Court, Hull, East Riding Of Yorkshire, HU9 | 2 | Semi-Detached House | |
£625 | 05/24 | 0.28 mi | 6 Byland Court, HU9 2RQ | 2 | Semi-Detached House | |
£575 | 09/24 | 0.28 mi | - | 2 | Terraced House | |
£495 | 05/24 | 0.29 mi | Avon Vale, HU9 | 2 | Terraced House |
Local Area Statistics
Population in HU9 | 40,94840,948 |
Population in Hull | 313,622313,622 |
Town centre distance | 2.14 miles away2.14 miles away |
Nearest school | 0.10 miles away0.10 miles away |
Nearest train station | 1.68 miles away1.68 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +8%+8% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +17%+17% |
Property History
Listed for £40,000
April 3, 2025
Floor Plans

Description
A two-bedroom mid-terrace house that has been tenanted but would now benefit from some TLC prior to re-letting. The property benefits from gas fired central heating and is fully double glazed and its sale provides a great opportunity to investors to acquire an easily let house to start or add to a property portfolio. Location Conveniently located in an area of regeneration to the East of the City, just off Holderness Road, it offers easy access to shops, amenities, and public transport. Eastern Villas, is a pedestrian-friendly terrace off Holland Street in the popular HU9 district of Hull. Accommodation **Lounge **14'3" (4.34) x 13' (3.95) into the bay Access the property via a double glazed entrance door, once entering you will find a double-glazed walk-in bay window that faces the front. Installed with a fire place with an electric fire point. Radiator for additional heat and laid with practical laminate flooring. Access from here into the kitchen. **Kitchen **14'3" (4.34) x 15'6" (4.73) @ widest points An L shaped kitchen, with a double glazed window overlooking the rear of the property and includes a staircase leading to the first floor. It is fitted with a range of base and wallmounted cabinets with drawer units, all in cream shaker style, offering ample storage. Laminated work surfaces are complemented by ceramic splashback tiling. Additional features include a stainless steel sink unit, a built in gas hob with electric oven under and extractor over. Plumbing is provided for automatic washing machine. Wall mounted gas boiler. A double glazed door then takes you out to the rear of the property. **Bathroom **5'7" x 7'1" (1.7m x 2.16m) The bathroom has a sie facing double glazed window and is appointed with three-piece suite in white, comprising a panel enclosed bath, a pedestal wash hand basin, and a low-flush WC. Ceramic tile splashbacks. Installed with a radiator. **First Floor ** Landing The small central first-floor landing leads to two well-proportioned bedrooms. Bedroom One 10'11" x 8'1" (3.33m x 2.46m) The largest of the two bedrooms has a front facing double glazed window and is installed with a radiator. Bedroom Two 11'3" x 8'1" (3.43m x 2.46m) The second bedroom has a rear facing double glazed window and is installed with a radiator. Exterior Front Within an area of regeneration in the east of the city, this property is located along a pedestrianised terrace off Holland Street. The central block-paved pathway provides access to the property and its neighbouring homes. The enclosed front forecourt garden features low-level brick walling, complemented by wrought-iron fencing and a gated pathway leading to the front door. Rear The property boasts a small enclosed rear courtyard, offering a low-maintenance outdoor space where gated pedestrian access provides convenient connectivity to the shared rear pathway. EPC - C Council Tax Band A Services All mains services are connected to the property but have not been tested. Tenure The property is freehold and with vacant possession. Joint Agents Reeds Rains, 508 Holderness Road, Hull, HU9 3DS Tel: Viewings Strictly by appointment with the auctioneers on or the joint agents Reeds Rains on . Method of Sale The property will be offered for sale by online auction with bidding commencing at 1.00 pm on Monday, 26th May 2025, and closing on Wednesday, 28th May, at 1.00 pm. For further legal information relating to this lot, please go to auctionhouse.co.uk/hullandeastyorkshire. Conditions of Sale The property will be sold subject to conditions of sale, copies of which will be available for inspection at the auctioneer’s offices, with the solicitors and online at auctionhouse.co.uk/hullandeastyorkshire prior to the date of the auction.
Additional Fees The purchaser will be required to pay an administration charge of £1,200 (£1,000 plus VAT) and a buyer’s premium of £1,800 (£1,500 + VAT) in addition to the purchase price of the property.
Guide Price Guides are provided as an indication of each sellers minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction), which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Disbursements
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
**
Solicitor**
Jaycon Legal Solicitors, 375a-375b Hedon Road, Hull, East Yorkshire, HU9 1RA, Ref: Jannina Beckett, Tel:
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