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See how verdicts work4-bedroom flat · HU1 2LJ
For saleReduced £15k (−11.1%) on 21 JunListed 510 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the corner of Hull's most photogenic street, Prince Street, in the heart of the Old Town, a more centrally located property is unlikely.
This first floor apartment offers an abundance of space at 972 sqft in total. With 4 bedrooms plus an additional study/home office it occupies the majority of the first floor of the building.
Secure intercom access leads from Prince Street into a well maintained communal area.
On entry to the apartment there's a good sized entrance hallway leading to a further long inner hall, off which most of the rooms lie.
All fittings are modern with a lovely open plan living area and kitchen providing the largest space, with integrated appliances. All 4 of the bedrooms are doubles and the additional office is a bonus.
Electric heating and uPVC sash style double glazing are throughout. Access to Trinity Square, the Marina and all the city centre has to offer is literally on the doorstep.
Council Tax Band A EPC Rated C Lease 150 years expires 2173 Service Charges £255.47 per calendar month and will come down in 2/3 years - please ask for more details Ground Rent £50.00 per annum
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
Agent & docs
FAQ
About 2 The Lanes, Prince Street, HULL
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