2, 9th Avenue, HULL, East Yorkshire, HU6 8HU

Description

This 3-bedroom semi-detached property is situated within Hull. The property offers a generous lounge, kitchen, three well-proportioned bedrooms, and family bathroom. Externally, to the rear of the property there is an enclosed private garden and to the front, another garden alongside off-street parking for added convenience. The property also benefits from double glazing and gas fired central heating. This would be an ideal opportunity for investors, or a family home once refurbished. Investor opportunity.

Accommodation

Ground Floor: Entrance Hall, Bathroom, Lounge and Kitchen. First Floor: Landing and Three Bedrooms. External: Front/ Rear Gardens and Off-Road Parking.

Location

Hull provides an abundance of local amenities such as highly rated schools, shops, frequent bus routes and Hull train station for travel further afield, which is located close to Hull City Centre.

Tenure / Property Information

Investment Analysis

The strongest evidence is the same-street semi-detached sale at £105,000 on 17 October 2025. Other same-street evidence includes £102,000 in 2020, while earlier sales ranged from £57,001 to £85,000. A cautious evidence-supported GDV range is £102,000–£105,000, with £105,000 used as the base scenario. The guide is £80,000, but the property's refurbishment requirement, final auction price and any seller charges are not quantified.

Investment Snapshot

Strategy Recommendation

Proceed only subject to inspection, confirmed auction special conditions, verified achievable rent and a firm refurbishment budget. The evidence supports potential value below the latest comparable, but not a dependable maximum bid or confirmed profit.

Works Required

Refurbishment is referenced by the description, but no specific defects or scope are supplied. Obtain a survey and contractor quotations before budgeting for works; no unsupported refurbishment allowance is included.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At a £105,000 base GDV, 75% refinance proceeds would be approximately £78,750. This is below the £80,000 guide before the £1,800 contract documentation fee and any refurbishment or seller costs, so cash-left-in cannot be calculated and the BRRR case is not demonstrated on the available evidence.

Buy-to-Let Analysis

Advertised three-bedroom rents provide a broad asking-rent range of £700–£925 pcm, equivalent to indicative gross yields of 10.50%–13.88% against the £80,000 guide price. A reliable yield on total cost cannot be established because refurbishment costs, final purchase price and possible seller fees are unknown. Advertised rents are not achieved rents.

Flip Analysis

The base GDV is estimated at £105,000 from the most recent same-street comparable. A flip surplus cannot be calculated because refurbishment costs, final purchase price and selling costs are not supplied. The £1,800 documentation fee is known and additional seller fees may apply.

Investor Risks & Due Diligence

• Refurbishment is mentioned but no condition report, defects or costings are supplied.

• The £80,000 guide is not the final purchase price and may be exceeded at auction.

• Additional seller fees may be payable under the special conditions of sale.

• Rental evidence comprises advertised asking rents rather than achieved rents.

• Parking and heating information contains instructions to contact the auction centre, requiring verification.

• Gross yield and total project cost cannot be confirmed without refurbishment, purchase and fee information.

Recommendation

Proceed only subject to inspection, confirmed auction special conditions, verified achievable rent and a firm refurbishment budget. The evidence supports potential value below the latest comparable, but not a dependable maximum bid or confirmed profit.

Strategy Rating

Analysis Confidence

There are relevant same-street completed sales and rental asking evidence, but the property's condition, refurbishment cost, achieved rent, final auction price and possible seller fees are unavailable.