William H. Brown says ..
William H. Brown are delighted to market this 2 bedroom leasehold flat! The property can be sold with tenant in situ and is achieving a 9.9% gross yield!
Property Oracle says ..
This 2-bedroom flat in Hull is listed for £60,000. The property is situated in the St Andrew’s & Docklands area, which provides convenient access to Hull train station and several local schools, including The Octagon Children’s Centre and Adelaide Primary School. The flat itself appears habitable but requires some attention. The photos show a cluttered interior, suggesting a need for cleaning and possibly minor repairs or cosmetic improvements. While structurally it seems sound, the overall state indicates it is not in pristine condition. The absence of information on the square footage and plot size makes it challenging to fully evaluate the price per square foot and the overall value. However, comparing it to other nearby properties on Linnaeus Street, with similar characteristics and price points, suggests that the listed price may be within the typical range for this type of property in the area. Potential buyers should be prepared for some necessary cleaning and potentially minor maintenance or updates. The lack of outdoor space, as indicated by the absence of any mention of a garden or yard, is a key factor to consider. The property might be a suitable investment opportunity, given the ‘tenant in situ’ mention in several similar listings nearby, which is likely driving up the price in this specific location. Further investigation into the leasehold details and the specific condition of the property via an in-person viewing is strongly recommended before making a purchase decision. Considering the condition of the property and lack of detailed information on property size, it is a suitable property for a budget buyer however should be approached with due diligence.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 6
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 57,866.00 £Decreased by 59.73 %
- Average area rental value
- 750.00 £/moDecreased by 8.98 %
- Est rental Yield
- 15.55 %Increased by 126.02 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
William H. Brown created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Octagon Children'S Centre | Children's Centre Linked Site | 0.35 KM | |
| Adelaide Primary School | Academy Converter | 0.35 KM | |
| The Venn Boulevard Centre | Academy Alternative Provision Converter | Outstanding | 0.98 KM |
| Collingwood Primary School | Academy Converter | 0.98 KM | |
| Hymers College | Other Independent School | 1.32 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Beaufort Close | £ 0 | 0 | 0.00 KM |
| Hazel Grove | £ 0 | 0 | 0.00 KM |
| The Gardens | £ 85,000 | 0 | 0.00 KM |
| Kimberley Street | £ 0 | 0 | 0.00 KM |
| Saner Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Hull | 8126 | HUL | 1.32 KM |
| New Holland | 6209 | NHL | 4.35 KM |
| Barrow Haven | 6212 | BAV | 6.25 KM |
| Cottingham | 8056 | CGM | 7.09 KM |
| Goxhill | 6206 | GOX | 7.48 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Flat 31, Linnaeus House, 14 Linnaeus Street, Hull HU3 2PD | £ 5,000 | BUY | 7 / 10 | 0.15 KM |
| Winship Close, Hull, HU3 2QN | £ 100,000 | BUY | 7 / 10 | 0.20 KM |
| Berberis Close, Hull, HU3 2QZ | £ 120,000 | BUY | Unknown | 0.22 KM |
| Cavill Place, Hull, HU3 | £ 65,000 | BUY | 6 / 10 | 0.32 KM |
| Bean Street, HULL | £ 95,000 | BUY | 6 / 10 | 0.32 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 13 Rugmere Close | £ 52,000 | 0.07 KM |
| 1 Rugmere Close | £ 77,000 | 0.07 KM |
| 6 Rugmere Close | £ 91,995 | 0.07 KM |
| 12 Rugmere Close | £ 71,000 | 0.07 KM |
| 7 Maxim Close | £ 27,000 | 0.09 KM |