3 Bed Terraced House, Single Let, Hull, HU3 6ES, £130,000

Melrose Street, Hull, HU3 6ES - 12 days ago

BTL
ROI: 3%
~93 m²
+10 photos

ValuationOvervalued

Sold Prices£57K - £185.5K
Sold Prices/m²£625/m² - £1.9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.4K/m²

Value Estimate

£118,686

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£7,700

Total Cash In

£40,200

 

 

Cash Out

 

Rent Range

£595 - £1,900

Rent Estimate

£650

Running Costs/mo

£556

Cashflow/mo

£94

Cashflow/yr

£1,125

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £57K to £185.5K, average is £110.5K. £625/m² to £1.9K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£105K08/210 mi30, Melrose Street, Hull, City Of Kingston Upon Hull HU3 6ES3
£110K01/230.04 mi40, Plane Street, Hull, City Of Kingston Upon Hull HU3 6BX3
£105K06/210.05 mi63, Glencoe Street, Hull, City Of Kingston Upon Hull HU3 6HR3
£85K11/200.07 mi96, Plane Street, Hull, City Of Kingston Upon Hull HU3 6BX3
£125K03/230.1 mi73, Melrose Street, Hull, City Of Kingston Upon Hull HU3 6ET3
£87K11/200.11 mi569, Anlaby Road, Hull, City Of Kingston Upon Hull HU3 6SH3
£90K12/200.13 mi38, St Georges Road, Hull, City Of Kingston Upon Hull HU3 6EJ3
£90K12/220.13 mi28, St Georges Road, Hull, City Of Kingston Upon Hull HU3 6EJ3
£150K02/230.14 mi65, Hawthorn Avenue, Hull, City Of Kingston Upon Hull HU3 5PA3
£77K12/200.15 mi116, Plane Street, Hull, City Of Kingston Upon Hull HU3 6BY3
£105K03/230.19 mi76, Greek Street, Hull, City Of Kingston Upon Hull HU3 6DE3
£67K04/210.21 mi59, St Georges Road, Hull, City Of Kingston Upon Hull HU3 6EE3
£163K03/230.21 mi60, Springfield Road, Hull, City Of Kingston Upon Hull HU3 6TH3
£58K11/200.22 mi49, Arthur Street, Hull, City Of Kingston Upon Hull HU3 6BJ3
£118K11/200.22 mi110, Hawthorn Avenue, Hull, City Of Kingston Upon Hull HU3 5PY3
£73.5K01/210.23 mi145, Alliance Avenue, Hull, Humberside HU3 6QU3
£118K06/230.23 mi131, Alliance Avenue, Hull, City Of Kingston Upon Hull HU3 6QU3
£150K01/230.23 mi14, Parkfield Drive, Hull, City Of Kingston Upon Hull HU3 6TB3
£82K11/200.24 mi96, Alliance Avenue, Hull, City Of Kingston Upon Hull HU3 6QX3
£133K07/210.24 mi52, Northfield Road, Hull, City Of Kingston Upon Hull HU3 6TL3
£70K01/230.24 mi9, Acland Street, Hull, City Of Kingston Upon Hull HU3 6QQ3
£57K12/220.26 mi35, Arthur Street, Hull, City Of Kingston Upon Hull HU3 6BH3
£100K12/200.27 mi5, Woldcarr Road, Hull, City Of Kingston Upon Hull HU3 6TP3
£174K02/230.27 mi73, Parkfield Drive, Hull, City Of Kingston Upon Hull HU3 6TF3
£185.5K04/230.27 mi77, Parkfield Drive, Hull, City Of Kingston Upon Hull HU3 6TF3
£165K03/230.27 mi71, Parkfield Drive, Hull, City Of Kingston Upon Hull HU3 6TF3
£97K03/210.28 mi138, De La Pole Avenue, Hull, City Of Kingston Upon Hull HU3 6RQ3
£133.5K03/210.28 mi14, Parkfield Drive, Hull, City Of Kingston Upon Hull HU3 6TB3
£120K03/210.28 mi18, Parkfield Drive, Hull, City Of Kingston Upon Hull HU3 6TB3
£130K06/230.3 mi33, Woldcarr Road, Hull, City Of Kingston Upon Hull HU3 6TP3
£111K02/230.3 mi138, St Georges Road, Hull, City Of Kingston Upon Hull HU3 3QE3
£85K07/230.3 mi110, Somerset Street, Hull, City Of Kingston Upon Hull HU3 3QG3
£102.5K11/200.31 mi3, Airmyn Avenue, Hull, City Of Kingston Upon Hull HU3 6UD3
£128K11/200.32 mi7, Brockton Close, Hull, City Of Kingston Upon Hull HU3 5QH3
£67K04/210.33 mi28, Glasgow Street, Hull, City Of Kingston Upon Hull HU3 3PR3
£110K01/210.34 mi52, Clairbrook Close, Hull, City Of Kingston Upon Hull HU3 3QQ3
£126K09/210.36 mi18, Kempton Road, Hull, City Of Kingston Upon Hull HU3 6UF3
£155K03/210.36 mi1, Callerton Street, Hull, City Of Kingston Upon Hull HU3 5BH3
£95K02/230.36 mi3, Dorado Close, Hull, City Of Kingston Upon Hull HU3 3QR3
£136K07/230.36 mi48, Roslyn Road, Hull, City Of Kingston Upon Hull HU3 6XJ3
£135K07/220.37 mi8, Littlebeck Close, Hull, City Of Kingston Upon Hull HU3 6NQ3
£104K01/230.38 mi65, Roslyn Road, Hull, City Of Kingston Upon Hull HU3 6XQ3
£60K07/230.39 mi136, Somerset Street, Hull, City Of Kingston Upon Hull HU3 3QH3
£167K06/230.39 mi54, Woldcarr Road, Hull, City Of Kingston Upon Hull HU3 6TR3
£148K06/210.39 mi66, Woldcarr Road, Hull, City Of Kingston Upon Hull HU3 6TR3
£143K06/210.39 mi695, Anlaby Road, Hull, City Of Kingston Upon Hull HU3 6UL3
£127.5K08/210.39 mi687, Anlaby Road, Hull, City Of Kingston Upon Hull HU3 6UL3
£132K09/220.41 mi11, Edinburgh Street, Hull, City Of Kingston Upon Hull HU3 5AP3
£87K11/210.41 mi9, Selby Street, Hull, City Of Kingston Upon Hull HU3 3PB3
£128K03/210.42 mi67, Meadowbank Road, Hull, City Of Kingston Upon Hull HU3 6XL3

Local Rents

30 rents from £595/mo to £1.9K/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£80003/250.04 mi-3
£97504/240.09 mi-3
£79504/240.1 miMelrose Street, Hull, HU3 6ET3
£79505/240.1 miMelrose Street, Hull, HU3 6ET3
£89505/240.14 miA De La Pole Avenue, Hull, HU33
£89504/240.14 mi-3
£89505/240.14 mi-3
£78512/230.16 mi-3
£65004/240.18 miNorthfield Road, Hull, East Riding of Yorkshire, HU33
£97511/230.22 mi-3
£82503/250.22 mi-3
£72505/240.23 mi-3
£72504/240.23 miAlbert Avenue, Hull, HU33
£65004/240.25 mi-3
£89504/240.27 miParkfield Drive, Hull3
£80002/250.3 mi-3
£68511/230.31 mi-3
£82501/250.32 mi-3
£79504/240.34 mi-3
£69503/250.36 mi-3
£99801/250.36 mi-3
£1,90003/250.36 mi-3
£75002/250.36 mi-3
£69503/250.4 mi-3
£72503/250.49 mi-3
£79505/240.53 miNorth Road, Hull, East Yorkshire, HU43
£65005/240.53 mi-3
£65005/240.53 miSpring Bank West, Hull, HU33
£92502/250.54 mi-3
£59505/240.58 miQueensgate Street, Hull, East Riding Of Yorkshire, HU33

Local Area Statistics

Population in HU3

26,648

Population in Hull

313,622

Town centre distance

1.62 miles away

Nearest school

0.20 miles away

Nearest train station

1.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-3%

Sales demand

Seller's market

Capital growth (5yrs)

+11%

Property History

Listed for £130,000

March 24, 2025

Floor Plans

Description

  • Mid-Terraced +
  • 3 Bedrooms +
  • 2 Reception Rooms +
  • Downstairs WC +
  • Rear Garden +
  • Freehold +

Asking Price £130,000

Check out this mid-terraced property, ideal for first-time buyers or growing families! Upon entering, you're greeted by a welcoming entrance hall that leads to a cosy lounge, perfect for relaxation and family gatherings. The ground floor also features a spacious kitchen, perfect for preparing family meals, and a dining room that’s great for enjoying meals and entertaining guests. Additionally, there is a convenient downstairs WC.

Moving to the first floor, you'll find three well-proportioned bedrooms, offering ample space for family or guests. The first floor also includes a family bathroom. Outside, the property boasts a rear garden, perfect for gardening or relaxation.

Situated on Melrose Street, just off Anlaby Road, this property is conveniently located near a range of amenities, including ALDI, Home Bargains, Tesco Express, and Heron Foods. Well-regarded schools such as Paisley Primary School and The Boulevard Academy are also nearby. The property benefits from excellent bus routes to and from Hull City Centre, as well as surrounding areas like Hessle, Anlaby, and Willerby. Additionally, just a short walk away, you’ll find the KCOM Stadium, home to Hull City AFC and Hull FC.

Agent Details

Wigwam Homes, Hull

01482 251836

Next Steps?

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