1-bedroom flat · HU18 1LS
Listing removedListed 79 days
Opportunity summary
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About
A one-bedroom flat conversion which offers an excellent opportunity for those looking for well positioned ground floor living close to the town centre and seafront.
The property also offers off street parking, garage/store and a lovely west facing, private garden to the rear.
Location This property fronts onto Cliff Road which is well placed for access to the sea front and local amenities.
Hornsea is a small East Yorkshire coastal town which has a resident population of a little over 8,000.
The town offers a good range of local amenities including a range of shops, bistros and restaurants, schooling for all ages and a host of recreational facilities including sailing and fishing on Hornsea Mere, as well as the beach and seaside amenities, a leisure centre refurbished in 2020 and an 18 hole golf course.
The town is also well known for the Hornsea Freeport, a large out of town retail shopping village and leisure park.
The town lies within 18 miles drive of the city of Hull, 13 miles of the market town of Beverley and about 25 miles from the M62.
Accommodation The accommodation has mains gas central heating, UPVC double glazing and is arranged on one floor as follows: Shared Entrance With outer main door and inner door to: Private Entrance Hall With storage cupboard and one central heating radiator.
Lounge (3.89m'' x 3.66m (12'9'' x 12' )) Plus a bay window to the front, gas fire set in a tiled hearth and inset with painted surround, picture rail and one central heating radiator.
Kitchen (2.18m'' x 3.94m'' (7'2'' x 12'11'')) Fitted base and wall units, worksurfaces with inset stainless steel sink, tiled splashbacks, slot in cooker, plumbing for automatic washing machine, breakfast bar, UPVC side entrance door and one central heating radiator.
Bedroom (3.00m'' x 3.71m'' (9'10'' x 12'2'')) With built in storage cupboards, sliding door to the rear garden and one central heating radiator.
Bathroom/W.C (2.08m x 1.78m (6'10" x 5'10")) With a panelled bath, pedestal wash hand basin, low level w.c, and towel radiator.
Outside The property has off street parking which leads along the side of the property (space is required to allow the first floor flat to access their parking space located to the front of the property).
There is a sectional garage/store with double opening main doors, personal door, power and light laid on.
To the rear is a private garden for sole use of 37a Cliff Road, the garden has a concreted sun terrace and beyond this is a generous garden with a number of shrubs and ornamental trees, the rear garden has a fenced surround along with a greenhouse, external tap and enjoys a lovely westerly aspect.
Tenure The flat is held on a 999 year lease from 1982 at a fixed ground rent of £25 per annum. The maintenance and any repairing costs are shared equally between the two flats.
Council Tax This property is in council tax band A.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 37a, Cliff Road, Hornsea
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