34 Frodsham Street, Hull, East Yorkshire, HU9 5QU

Property Overview

34 Frodsham Street, Hull, East Yorkshire, HU9 5QU is a traditional two-bedroom mid-terraced house offered freehold with vacant possession. The property is vacant and requires a manageable programme of refurbishment and improvement prior to occupation or reletting.

Accommodation

• Approximately 566 sq ft.
• Ground floor: living room, kitchen, rear porch and bathroom.
• First floor: two double bedrooms.
• Outside: small enclosed paved rear yard with pedestrian access.
• Gas central heating.
• Current EPC rating: D60.

Location

Frodsham Street is situated in an established residential area to the east of Hull city centre, with local shops, schools and other amenities nearby. Hull city centre and the wider road network are readily accessible.

Tenure & Key Information

• Tenure: Freehold with vacant possession.
• Occupancy: Vacant.
• It is understood that mains water, gas, drainage and electricity are connected.
• None of the services or associated appliances have been checked or tested.
• Lease, council tax and parking information have not been supplied.

Auction & Buyer Charges

• Guide price: £40,000 plus fees.
• Auction date: 30 September 2026 at 1.00pm.
• Buyer premium: £900 (£750 plus VAT), payable in addition to the purchase price.
• Administration charge: 0.3% including VAT, subject to a minimum of £900 (£750 plus VAT), payable in addition to the purchase price.
• At the £40,000 guide price, the guide price plus the stated buyer premium and minimum administration charge total £41,800 before any other costs.
• Disbursements may be payable on completion. Purchasers should refer to the legal pack and Special Conditions of Sale, which may include Search Fees, reimbursement of Sellers costs, Legal Fees and Transfer Fees.

Investment Analysis

HB estimate: the five supplied completed terraced-house sales average £108,700. This is an indicative GDV estimate only, not a formal valuation. The comparables are in HU8 rather than the subject’s HU9 postcode, and no floor area, condition or specification evidence has been supplied.

HB estimate: once refurbished, anticipated rental income is £575 per calendar month, subject to condition and specification. Using the supplied advertised rental evidence of £475 to £575 per calendar month, the estimated gross yield on the stated £41,800 all-in purchase figure is approximately 13.6% to 16.5%. Using the £575 per calendar month estimate alone, the estimated gross yield is approximately 16.5%.

Refurbishment cost and a reliable maximum bid cannot be estimated from the supplied evidence. Recalculation is required once the works scope, condition and all purchase costs are known.

Sold Comparables

Supplied HM Land Registry sold data for terraced freehold properties:

Property	Sale Price	Sale Date	Type	Tenure
3, Kilton Court, Hull, HU8 9FE	£105,000	30 July 2024	Terraced	Freehold
5, Kilton Court, Hull, HU8 9FE	£108,500	16 June 2023	Terraced	Freehold
15, Kilton Court, Hull, HU8 9FE	£125,000	23 October 2020	Terraced	Freehold
24, Kilton Court, Hull, HU8 9FE	£109,000	1 February 2019	Terraced	Freehold
3, Kilton Court, Hull, HU8 9FE	£96,000	21 September 2018	Terraced	Freehold

Rental Evidence

The following is advertised asking-rent evidence, not achieved or passing rent:

• £475 pcm: two-bedroom flat/apartment listing in HU9, Zoopla, “Property to rent in HU9”.
• £375 pcm: two-bedroom flat/apartment listing within broader Willerby, East Riding of Yorkshire, “2 Bedroom houses to rent in Willerby”.
• Auctioneer estimated rent: £575 pcm once refurbished, subject to condition and specification. This is an estimate, not achieved or passing rent.

Strategy & Risks

Treat the £40,000 guide price as an initial reference only. Proceed only after confirming the property’s condition and refurbishment scope, and recalculate the maximum bid once refurbishment and all purchase costs are known.

• Refurbishment scope and cost are not supplied; the £575 pcm estimate is conditional on refurbishment and specification.
• Sales comparables are from HU8 rather than HU9 and may differ in location, size, condition and specification.
• Rental evidence consists of advertised asking rents, not achieved rents, and the comparable listings are flats and/or broader-area results.
• Buyer premium and administration charge are both payable, with the administration charge subject to a £900 minimum.
• Vacant possession means there is no evidence of existing passing rent or income history.
• The £108,700 GDV figure is based only on the simple average of five supplied sales and is not a formal valuation.