Melbourne Street, Hull
TU

Melbourne Street, Hull

By Tulip Investment Sales

£ 115,000

Reviews

2 out of 5 stars

Tulip Investment Sales says ..

Exceptional Investment Opportunity: 4-Bedroom Student Property Property Features: 4 Generously Sized Bedrooms: Spacious, well-lit rooms perfect for student living. Modern Kitchen: Fully equipped with contemporary appliances and ample storage. Living Area: A cozy communal...

Property Oracle says ..

This four-bedroom terraced property on Melbourne Street, Hull, presents itself as an investment opportunity, likely targeting the student rental market given its proximity to schools and universities in Hull. The property’s location in Beverley & Newland offers a reasonable level of convenience with schools, and transport links within reach. However, the interior shows some signs of wear and tear and would benefit from updating. The kitchen and bathrooms show some modernisation, although the bedrooms appear somewhat dated. The absence of information regarding the property’s square footage makes a comprehensive valuation challenging. While comparable properties in the area are listed within a similar price range, a more detailed assessment considering the condition and square footage would provide a more accurate valuation and potential rental income analysis. The current listing suggests the property is positioned at a slightly higher price point considering its condition and lack of external space. Prospective buyers or investors should factor in potential renovation costs and rental yields to determine suitability. It’s worth highlighting that missing plot size and sq footage data significantly impedes a complete market analysis.

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
4
Bathrooms
2

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
136,095.00 £
Increased by 6.30 %
from 128,027.00 £
Average area rental value
697.00 £/mo
Increased by 17.74 %
from 592.00 £/mo
Est rental Yield
6.15 %
Increased by 10.81 %
from 5.55 %
Crime Rate
14.00 %
Unchanged by 0.00 %
from 14.00 %

Agent Activity

  • Tulip Investment Sales marked this listing as sold.

  • Tulip Investment Sales created the listing.

Nearby Schools

NameTypeOfstedDistance
Lambert Children'S CentreChildren's Centre Linked Site0.25 KM
Sidmouth Primary SchoolAcademy Converter0.38 KM
St Nicholas Primary SchoolAcademy ConverterGood0.63 KM
St Vincent'S Voluntary Catholic AcademyAcademy Sponsor LedGood0.69 KM
Endsleigh Holy Child Vc AcademyAcademy ConverterGood0.84 KM

Images

IMG_6834.jpg 26) 18 Melbourne Street Kitchen 21.07.2020.jpg 22) 18 Melbourne Street Kitchen 21.07.2020.jpg 30) 18 Melbourne Street Living Room 21.07.2020.jpg 2) 18 Melbourne Street Bathroom 1 21.07.2020.jpg 4) 18 Melbourne Street Bathroom 2 21.07.2020.jpg 6) 18 Melbourne Street Bedroom 1 21.07.2020.jpg 10) 18 Melbourne Street  Bedroom  2 21.07.2020.jpg 18) 18 Melbourne Street  Bedroom  4 21.07.2020.jp 20) 18 Melbourne Street Hallway 21.07.2020.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Salisbury Gardens £ 000.00 KM
Newland Avenue £ 000.00 KM
Princes Road £ 000.00 KM
The Limes £ 000.00 KM
The Chestnuts £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Hull8126HUL2.75 KM
Cottingham8056CGM5.50 KM
New Holland6209NHL6.96 KM
Barrow Haven6212BAV8.32 KM

Nearby Listings

AddressPriceTypeScoreDistance
12 Melbourne Street £ 105,000BUYUnknown0.03 KM
Melbourne Street, Hull, HU5 2ET £ 135,000BUYUnknown0.03 KM
Melbourne Street, Hull £ 110,000BUY6 / 100.04 KM
Melbourne Street, Hull, HU5 £ 127,500BUYUnknown0.04 KM
Melbourne Street, Hull £ 115,000BUY5 / 100.06 KM

Nearby Properties

AddressPriceDistance
20 Lambton Street £ 77,0000.04 KM
28 Lambton Street £ 90,4800.04 KM
5 Lambton Street £ 28,5000.04 KM
41 Lambton Street £ 98,5000.04 KM
3 Lambton Street £ 95,0000.04 KM