Sold Terraced

7 SYKES STREET

HULL, CITY OF KINGSTON UPON HULL HU2 8AZ

2 beds 1 baths 70 m² Listed 10 Jun 2020 (-2208d)

£45,000

Guide Price

Save

Listing type

Auction

Front View Image 1 Image 2 Image 3 Image 4

/ 5

Property details

Listing category

Auction

Floor area

70 m²

Last sold

£35,000 Jan 2025

Local average

£113,714 (-60.4%)

Deprivation

Decile 2 (4,847 of 33,755)

Street crime

737 incidents within 1 mile (Apr 2026)

Key features

  • Ideal for Investors
  • Two Bedroom
  • En-suite Bathroom
  • Private Gated Parking
  • New Boiler
  • Garden
  • Close to Amenities
  • Double Glazing (Where Specified)
  • Central Heating (Where Specified)

Additional details

Parking
Yes
Garden
Yes

Description

PRICED TO SELL - Ideal for Investors - Two Bedroom - En-suite Bathroom - Private Gated Parking - New Boiler - Garden - Close to Amenities - Double Glazing (Where Specified) - Central Heating (Where Specified)




A fabulous opportunity to purchase a two bedroom house right in the city centre, perfect buy for commuters as travel links are with in walking distance, lots of amenities are right on the door step and under a forty minute drive to Withernsea.

This is a perfect buy for investors, the current tenant is paying £350 pcm. The property comprises an entrance hall, lounge with fitted fireplace, kitchen, two double bedrooms one benefiting from an en-suite bathroom. Externally to the front aspect there is private gated parking and a garden. Internal inspection highly recommended.

Springbok Properties' innovative Premium Fast Sale Plus is a secure and straightforward way to buy this property. Here are the benefits for you:

o Works like a normal sale with a few security measures for both parties

o Focuses on speed

o Realistically priced properties

o Buy it now option available - speak to our advisor today

o Transparent online bidding and simplicity

o First-time buyer and mortgage buyer friendly

o Chain buyers considered

o Mortgage buyers are welcome

o Reduces chances of fall-throughs & drastically reduce timescales for exchange

o Unlike Auctions, anyone can buy - not just cash-rich investors

o No risk of being gazumped

o Mortgage buyers and cash buyers compete on equal terms

o Focus and motivation on both sides

For Sale by Springbok Properties' using our "Buyer-Friendly" Premium Fast Sale Plus, which puts you in the driving seat thanks to Springbok's fast and secure way of buying.
Our sellers are motivated and willing to price their properties competitively in order to ensure a fast and secure sale.

You can now secure the sale with a reservation deposit of £2,500, this forms part of the final purchase price. It is NOT an extra cost.

An administration fee of £396 draws up an exclusive legally binding contract between the buyer and seller giving the buyer exclusive rights to purchase within a given timeframe.

Paying the reservation deposit ensures that the seller takes their property off the market as soon as the sale is agreed and reserves it exclusively for you, eliminating gazumping and the helps you avoid losing money and wasting time which most buyers like you may face with the traditional estate agent's approach.

You get a fixed exclusivity period (approximately 4 weeks) in which you can arrange surveys and prepare to exchange contracts, safe in the knowledge that you will not be gazumped by another buyer.

Get the best of both worlds: You get to buy properties with a mortgage which are normally reserved for cash-rich investors and cash buyers and you get the security of an exclusive buying transaction with a much smaller deposit.


STEP 1 - Register your interest

STEP 2 - Sort out your finances

STEP 3 - Arrange a viewing

STEP 4 - Make an offer

STEP 5 - Secure your sale using our buy and secure it now system

STEP 6 - Exchange and completion

Don't miss out on this realistically priced property; call us today for further information and to arrange a viewing.

Please note this is a realistically priced property and is likely going to create a fair amount of buying interest to achieve a faster sale. If you're interested in buying this property, we'd urge you to contact us immediately to avoid losing out.


We highly recommend early viewing as this property is priced relatively low and is likely to generate quite an interest.
Please call us now to book an appointment.
Call Recording
Please note to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.
Disclaimer
Springbok Properties for itself and the Vendors or lessors of properties for whom they act give notice that:
The details shown on this website are a general outline for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract or sales particulars. All descriptions, dimensions, references to condition and other details are given in good faith and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection, searches, survey, enquiries or otherwise as to their correctness. We have not been able to test any of the building service installations and recommend that prospective purchasers arrange for a qualified person to check them before entering into any commitment. Further, any reference to, or use of any part of the properties is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.
TENURE
To be confirmed by the Vendor's Solicitors
Note
The price given is a marketing price and not an indication of the property's market value. The vendor like any seller is looking to achieve the maximum price possible. Hence, by making an enquiry on this property, you recognise and understand that this property is strictly offers in excess of the marketing price provided.
How to View this Property
Viewing is strictly by appointment please call us now for bookings.
AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.

Listed by

Nationwide

Springbok Properties Ltd

Reference: 80739622

Flood risk

Zone: 2

Risk: In flood risk area

Environment Agency Flood Risk Areas (APSFR)

EPC Graphs

EPC

EPC

Price history

-25% since 2011

Event Date Price % change
Sold 25/01/2025 (1 year ago) £35,000 -27.1%
Sold 29/10/2013 (12 years ago) £48,000 +3.2%
Sold 09/09/2011 (14 years ago) £46,500

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
18 CAROLINE PLACE, HULL, CITY OF KINGSTON UPON HULL, HU2 8DR £50,000 19/12/2025 Terraced
Same street THEATRE GARDENS, 1 - 3 APARTMENT 11 SYKES STREET, HULL, CITY OF KINGSTON UPON HULL, HU2 8AZ £89,950 07/03/2025 Flat
Same street 79 SYKES STREET, HULL, CITY OF KINGSTON UPON HULL, HU2 8AZ £51,000 04/10/2023 Flat
Same street THEATRE GARDENS, 1 - 3 APARTMENT 15 SYKES STREET, HULL, CITY OF KINGSTON UPON HULL, HU2 8AZ £89,000 12/06/2023 Flat
Same street LILLIPUT LODGE DAY NURSERY, 10 SYKES STREET, HULL, CITY OF KINGSTON UPON HULL, HU2 8AZ £540,000 21/09/2022 Other
Same street 59 SYKES STREET, HULL, CITY OF KINGSTON UPON HULL, HU2 8AZ £48,500 10/05/2022 Flat
Same street THEATRE GARDENS, 1 - 3 APARTMENT 10 SYKES STREET, HULL, CITY OF KINGSTON UPON HULL, HU2 8AZ £95,000 07/03/2022 Flat
Same street THEATRE GARDENS, 1 - 3 APARTMENT 9 SYKES STREET, HULL, CITY OF KINGSTON UPON HULL, HU2 8AZ £82,000 18/02/2022 Flat
Same street THEATRE GARDENS, 1 - 3 APARTMENT 12 SYKES STREET, HULL, CITY OF KINGSTON UPON HULL, HU2 8AZ £80,000 26/11/2021 Flat

Street average: £134,431 (8 sales)

Area average: £50,000 (1 sale)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 84.6%
10y growth 106.9%

House Price Index (HM Land Registry — official index, not sold-price averages): City of Kingston upon Hull. Series: Terraced. As of March 2026.

1y (index) 3.7%
5y (index) 20.9%
10y (index) 54.9%

Rental Range

Estimated market rent for Kingston upon Hull, City of. Low = conservative, Realistic = average, Optimistic = best case.

Low £621/mo
Realistic £690/mo
Optimistic £759/mo

Based on Local Authority from postcode lookup → Kingston upon Hull, City of.

LHA (30th percentile) floor for Hull & East Riding: £474/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Caroline Street New George Street 0.1 miles
Bus stop Caroline Street Francis Street 0.1 miles
Shop Bernard's Barber Shop 0.2 miles
Shop Dubai Mini Market 0.2 miles
Train station Hull Paragon Interchange 0.6 miles
Hospital Hull and East Yorkshire Eye Hospital 0.9 miles
Hospital Hull Royal Infirmary 0.9 miles
University University of Hull 2.2 miles
Train station New Holland 3.4 miles

Street-level crime

Category Count
Violence and sexual offences 257
Shoplifting 101
Public order 98
Criminal damage and arson 75
Other theft 41
Burglary 30
Anti-social behaviour 26
Drugs 25
Bicycle theft 24
Vehicle crime 19
Robbery 14
Other crime 11
Possession of weapons 9
Theft from the person 7
Total incidents 737

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Ron Dearing UTC Secondary 0.1 miles Outstanding — 20 May 2020
Hull College Other 0.2 miles (No rating)
St Charles Voluntary Catholic Academy Primary 0.4 miles (Inspected (no overall grade))
Clifton Primary School Primary 0.5 miles Outstanding — 12 Sep 2016
Rise Academy Other 0.6 miles Good — 25 Jan 2016

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, King Edward Street, HU1 £1,050/mo 2 0.35 miles OpenRent
2 Bed Flat, Hull, HU1 £1,500/mo 2 0.4 miles OpenRent
2 Bed Flat, South Street, HU1 £1,500/mo 2 0.5 miles OpenRent
2 Bed Flat, Robinson Row, HU1 £575/mo 2 0.5 miles OpenRent
2 Bed Flat, Egremont Russet Building, HU1 £2,820/mo 2 0.69 miles OpenRent

Average rent: £1,489/mo (5 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 3.33%
Max investor price (0.8%) £187,500
Target investor price (1%) £150,000
Gross yield 40%
Cost-to-rent ratio 2.5×
Monthly cashflow £1,148/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 105.5%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).