# 2 bedroom terraced house for sale (HU2 8AZ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 7 SYKES STREET, HULL, CITY OF KINGSTON UPON HULL HU2 8AZ |
| Price | £45,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Last sold | £35,000 Jan 2025 |

## 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.

## Property Photos

- ![Front View](/listings/photos/80739622/402634) - Front View
- ![Image 1](/listings/photos/80739622/402635) - Image 1
- ![Image 2 ](/listings/photos/80739622/402636) - Image 2 
- ![Image 3 ](/listings/photos/80739622/402637) - Image 3 
- ![Image 4](/listings/photos/80739622/402638) - Image 4

## EPC Graphs

- ![EPC](/listings/photos/80739622/402639) - EPC

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 7 SYKES STREET, HULL, CITY OF KINGSTON UPON HULL, HU2 8AZ | £35,000 | 25/01/2025 | Flat |
| 7 SYKES STREET, HULL, CITY OF KINGSTON UPON HULL, HU2 8AZ | £48,000 | 29/10/2013 | Flat |
| 7 SYKES STREET, HULL, CITY OF KINGSTON UPON HULL, HU2 8AZ | £46,500 | 09/09/2011 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| 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)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £113,714 (7 Terraced, HU2, 2024–2026)
- **Deviation:** -60.4%

## Rental Range

*ONS Price Index of Private Rents (Kingston upon Hull, City of). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £621/mo
- **Realistic:** £690/mo
- **Optimistic:** £759/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Hull & East Riding (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £474/mo

## 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)**

## 1% Rule

- **Rent ratio:** 3.33% (strong)
- **Max investor price (0.8%):** £187,500
- **Target investor price (1%):** £150,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,500/mo).*

- **Gross yield:** 40%
- **Cost-to-rent:** 2.5×
- **Monthly cashflow:** £1,148/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 105.5%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).*

## Capital growth trend

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

- **5y growth:** 84.6%
- **10y growth:** 106.9%

## House Price Index (HM Land Registry)

*Official index for City of Kingston upon Hull; Terraced series; as of March 2026.*

- **1y growth (index):** 3.7%
- **5y growth (index):** 20.9%
- **10y growth (index):** 54.9%

## Flood risk

- **Zone:** 2
- **Risk:** In flood risk area
- **Source:** Environment Agency Flood Risk Areas (APSFR)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)