Recent deals going through, completed or undergoing refurbishment

HU8:
Probate. Direct to vendor.
2 bedroom mid terrace house. Close to all amenities.
Purchase price: £30,000
Refurbishment costs: £10,000
Current market value: £55,000 to £60,000
Rental: £400 to £425

HU8:
Tired landlord. Direct to vendor.
2 bedroom mid terrace house on quiet grove. Popular rental location.
Purchase price: £50,000
Recently refurbished. Cost of £1500 to finish off and bring to high standard.
Current market value: £60,000
Rental: £425 pcm

HU5:
Family up sizing. Secured through agent.
2 bedroom end terrace close to schools, shops and all amenities.
Purchase price: £45,000
Refurbishment costs: £2,000
Current market value: £55,000 to £60,000
Rental: £433 pcm

HU5:
Probate. Direct to vendor.
2 bedroom mid terrace house. Popular rental location.
Purchase price: £36,000
Refurbishment costs: £9,000
Current market value: £55,000 to £60,000
Rental £433 to £450

HU5:
Probate. Secured through agent.
2 bedroom mid terrace house in quiet street, close to all amenities and very popular with working families.
Purchase price: £43,000
Refurbishment costs: £9,000
Current market value: £60,000 to £65,000
Rental: £433 to £450 pcm

HU3:
Tired landlord. Direct to vendor.
3 bedroom mid terrace house with 2 reception rooms. All large rooms. Popular rental area for working families.
Purchase price: £55,000
Refurbishment costs: £8,000
Current market value £75,000 to £80,000
Rental: £495 to £525 pcm

HU3:
Family upsizing. Secured through agent.
3 bedroom mid terrace house with 3 reception rooms. Close to all amenities.
Purchase price: £63,000
Refurbishment costs: £3,200
Current market value: £80,000
Rental: £495 pcm

HU3:
Probate. Secured through agent.
4 bedroom mid terrace house. 2 reception rooms and 2 bathrooms.
Purchase price: £67,500
Refurbishment costs: £8,600
Current market value: £82,000 to £89,000
Rental: £575 pcm

HU5:
Family down sizing. Secured through agent.
3 bedroom mid terrace house. 2 reception rooms. For conversion into 4 room HMO with separate communal area. Area close to City Centre and very popular with blue collar workers.
Purchase price: £72,000
Refurbishment including all necessary fire/safety measures for 2 storey unlicensed HMO £11,000
Current market value: Approx. £100,000
Monthly rental: £1,364 (gross)

HU3:
Landlord freeing up money. Direct to vendor.
4 bedroom mid terrace house. 3 reception areas. All large rooms. 2 bedrooms with ensuites. Already being used as HMO but not fully in accordance with Hull CC guidelines. For conversion into 6 bedroom HMO with separate communal area.
Purchase price: £89,000
Refurbishment including all necessary fire/safety measures for 2 storey unlicensed HMO £11,000
Current market value: £115,000 to £120,000
Monthly rental: £2,251 (gross)

HU3:
Family motivated to move. Direct to vendor.
3 bedroom mid terrace house with 3 reception rooms. For conversion into 5 bedroom HMO with separate communal area, 2 bathrooms and ensuite bedroom.
Purchase price: £63,500
Refurbishment including all necessary fire/safety measures for 2 storey unlicensed HMO £21,000
Current market value: £95,000
Monthly rental: £1,732 (gross)

HU3:
Family motivated to move. Direct to vendor.
3 bedroom mid terrace with 2 reception rooms. For conversion into 4 bedroom HMO with separate communal area.
Purchase price: £65,000
Refurbishment including all necessary fire/safety measures for 2 storey unlicensed HMO £12,500
Current market value: £85,000
Monthly rental: £1,364 (gross)

HU3:
Probate. Direct to vendor.
4 bedroom mid terrace house with 3 reception rooms. For conversion into 5 bedroom HMO with separate communal area and 2 bathrooms.
Purchase price: £64,000
Refurbishment including all necessary fire/safety measures for 2 storey unlicensed HMO £31,000
Current market value: Approx. £100,000
Monthly rental: £1,732

HU3:
Probate. Secured through agent.
3 bedroom mid terrace house with 3 reception rooms. For conversion into 5 bedroom HMO (2 with ensuites) with separate communal area.
Purchase price: £75,000
Refurbishment including all necessary fire/safety measures for 2 storey unlicensed HMO £24,000
Current market value: Approx. £100,000
Monthly rental: £1,732

HU3:
Family motivated to sell. Secured through agent.
3 bedroom mid terrace house with 3 reception rooms. For conversion into 5 bedroom HMO with separate communal area and 2 bathrooms.
Purchase price: £67,000
Refurbishment including all necessary fire/safety measures for 2 storey unlicensed HMO £20,000
Current market value: Approx. £95,000
Monthly rental: £1,624 (gross)

HU3:
Probate. Secured through agent.
3 bedroom mid terrace house with 3 reception rooms. For conversion into 5 bedroom HMO with separate communal area and toilet and 2 additional bathrooms.
Purchase price: £62,000
Refurbishment including all necessary fire/safety measures for 2 storey unlicensed HMO £29,000
Current market value: £95,000 to £100,000
Monthly rental: £1,732 (gross)

HU3:
Probate. Secured through agent.
4 bedroom end terrace house with 3 reception rooms and 2 bathrooms. For conversion into 6 bedroom HMO with separate communal area.
Purchase price: £65,000
Refurbishment including all necessary fire/safety measures for 2 storey unlicensed HMO £30,000
Current market value: £105,000 to £115,000
Monthly rental: £2,122 (gross)

Target market for all property are working families or individuals. All houses in good areas that should let easily. Close to local amenities, transport etc.