MyPad says ..
INVESMENT PROPERTY Two x 2-bedroom self contained flats (one ground floor and one 1st floor) currently fully let and generating a gross income of £11,940 PA - 9.95% Gross Yield. Both the flats are occupied with working tenants. The property is located off Anlaby Road which boast...
Property Oracle says ..
This property on Glencoe Street in Hull is presented as a potential investment opportunity, described as two 2-bedroom flats. The location offers convenient access to local schools and train stations. Newington Academy, an outstanding school, is within walking distance which could be very attractive to families. However, the precise location within Glencoe Street and lack of other key amenities isn’t detailed fully.
The photographs show a property that requires some level of modernisation. The kitchens and bathrooms, in particular, would benefit from updates. While the property is currently let which is a benefit, it would likely benefit from improvements to attract potential tenants in the long term and increase rental income.
The list price of £120,000 sits within the range of prices observed for similar properties in the surrounding area, however, the absence of square footage and land information makes an exhaustive valuation difficult. It’s worth noting that the given information is limited, therefore detailed comparison and valuation analysis cannot be fully completed.
Therefore, we give this property 5 / 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
- 2
- Bedrooms
- 4
- Bathrooms
- 2
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Metrics Year-on-Year
- Average area value
- 160,000.00 £Increased by 27.62 %
- Average area rental value
- 659.00 £/moIncreased by 3.94 %
- Est rental Yield
- 4.94 %Decreased by 18.62 %
- Crime Rate
- 16.00 %Unchanged by 0.00 %
Agent Activity
MyPad created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Wheeler Primary School | Academy Sponsor Led | Good | 0.36 KM |
| Wheeler Children'S Centre | Children's Centre | 0.41 KM | |
| St George'S Primary School | Academy Converter | Good | 0.61 KM |
| Paisley Primary School | Academy Converter | 0.71 KM | |
| Newington Academy | Academy Sponsor Led | Outstanding | 0.93 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Hawthorn Court | £ 0 | 0 | 0.00 KM |
| Wheeler Street | £ 185,000 | 0 | 0.00 KM |
| Fletton Avenue | £ 0 | 0 | 0.00 KM |
| Brindle Road | £ 162,857 | 0 | 0.00 KM |
| Cardigan Avenue | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Hull | 8126 | HUL | 3.88 KM |
| New Holland | 6209 | NHL | 5.07 KM |
| Cottingham | 8056 | CGM | 5.19 KM |
| Barrow Haven | 6212 | BAV | 5.21 KM |
| Hessle | 8067 | HES | 7.31 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Glencoe Street, Hull | £ 135,000 | BUY | 5 / 10 | 0.00 KM |
| Glencoe Street, Hull | £ 130,000 | BUY | 6 / 10 | 0.06 KM |
| Glencoe Street, Hull, HU3 | £ 130,000 | BUY | 6 / 10 | 0.06 KM |
| Melrose Street, Hull, HU3 | £ 130,000 | BUY | Unknown | 0.09 KM |
| Anlaby Road, Hull, HU3 | £ 475,000 | BUY | 5 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 30 Glencoe Street | £ 140,000 | 0.06 KM |
| 74 Glencoe Street | £ 79,000 | 0.06 KM |
| 6 Glencoe Avenue | £ 135,000 | 0.06 KM |
| 32 Glencoe Street | £ 103,000 | 0.06 KM |
| 48 Glencoe Street | £ 100,000 | 0.06 KM |