2-bedroom terraced house · HU8 8SE
Sold STCListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £65,000 - £75,000 plus Reservation Fee This well-proportioned two-bedroom terraced home represents an excellent opportunity for first-time buyers and investors alike.
Offered to the market with no chain involved and vacant possession, the property also offers an estimated rental income of approximately £600-£650 PCM, making it a ready-made addition to any buy-to-let portfolio.
Situated just off Holderness Road, the property enjoys a convenient location with a wide range of local shops, supermarkets, schools, and amenities all within easy reach, together with excellent transport links into Hull city centre and the surrounding areas.
The accommodation briefly comprises an entrance hall, a spacious through lounge/dining room providing flexible living space, a fitted kitchen, and a bathroom to the ground floor.
To the first floor are two good-sized bedrooms. In addition, there is a useful loft space which offers valuable storage or ancillary space.
Externally, the property benefits from an enclosed rear yard, providing a low-maintenance outdoor area.
Please note: The loft space does not have the necessary building regulations approval and therefore should be regarded as storage space only and not as a habitable room.
Early viewing is highly recommended to appreciate the potential and convenient location on offer.
Key Features: Two-bedroom starter home or investment property Estimated rental income of £600-£650 PCM No chain involved and vacant possession Spacious through lounge/dining room Fitted kitchen and ground floor bathroom Two good-sized bedrooms Useful loft space (storage only) Enclosed rear yard Popular location off Holderness Road Close to local shops, amenities, and transport links Reservation Fee Applicable – T&C’s Apply Book Your Viewing Today!
Fees, Exclusivity & Disclaimer Reservation Fee: Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 1.5% of the purchase price (minimum £2,500 + VAT).
This fee is in addition to the purchase price. Once paid, the property will be immediately taken off the market, preventing gazumping, reducing delays, and providing peace of mind.
Refund Policy: The Reservation Fee may be refunded only in specific circumstances, such as: The seller withdrawing from the sale A chain collapsing beyond the Buyer’s control Significant structural issues confirmed by a qualified structural survey For full details of refund eligibility, please contact our office.
Exclusivity: Upon payment of the Reservation Fee, Rezee grants the Buyer a fixed exclusivity period of 90 days from the issue of draft contracts.
During this time, the property is reserved exclusively for the Buyer.
Buying Process: Register your interest Prepare your finances Arrange a viewing Make an offer Secure the sale via our secure system Exchange and complete Important Information & Disclaimer: A Ready Sale Pack containing detailed property information is available.
Buyers are advised to review this pack and undertake their own due diligence before committing to purchase. Buyers must verify their ID and provide proof of funds as part of our compliance process.
Rezee may offer related services (conveyancing, financial advice, surveying, etc.) and may receive referral fees from third-party providers.
While we take care to ensure sales particulars are accurate, they do not form part of any offer or contract and should not be relied upon as statements of fact.
Stamp Duty (SDLT): Not all property purchases are subject to SDLT. Liability depends on factors such as purchase price and the buyer's position.
Buyers should seek advice from a solicitor or tax adviser to confirm whether SDLT applies and how much they would have to pay.
Rezee’s Approach: Our innovative selling process provides a secure and transparent way to buy property, designed to protect all parties and reduce the risks of failed sales.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Mersey Street, Hull, HU8 8SE
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