1-bedroom flat · HU18 1RS
Listing removedListed 110 days
Opportunity summary
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About
This one bedroomed self contained apartment enjoys a convenient location close to the town centre and beach withing a pleasant courtyard setting and is offered for sale with no chain involved.
Location 12 Mascotte Gardens is located in a small pleasant cul-de-sac which leads off Wilton Road from Burton Road and enjoys a particularly convenient location for the town's amenities.
Hornsea is a vibrant and welcoming coastal town in East Yorkshire, home to a close-knit community of just over 8,000 residents (2021 Census).
The town boasts an impressive range of amenities, including a variety of independent shops, bistros, and inviting restaurants, alongside excellent schooling for all ages which have been rated ‘Good’ by Ofsted.
The town is also home to Hornsea Mere, Yorkshire’s largest freshwater lake, which provides a peaceful setting and is popular for walking, boating, and wildlife spotting.
Sports and fitness enthusiasts are well catered for with a modern leisure centre refurbished in 2020 and a beautifully maintained 18-hole golf course.
There is also Hornsea Village, an out-of-town retail and leisure destination.
Ideally located, Hornsea offers the perfect balance of coastal living and connectivity, lying within easy reach of Hull, Beverley, and the M62 motorway.
Accommodation The accommodation has UPVC double glazing, individual electric room heaters and is arranged on two floors as follows: Private Entrance Hall With UPVC front entrance door and stairs leading to the first floor accommodation.
Lounge (3.84m x 3.99m (12'7" x 13'1")) With double French doors and matching side panels opening to a Juliet balcony with views towards the school playing fields and an electric room heater.
Kitchen (1.83m x 3.96m (6' x 13')) With a range fitted base and wall units units incorporating worksurfaces with an inset stainless steel sink unit, tiled splashbacks a slot in electric cooker with cooker hood over, plumbing for an automatic washing machine, breakfast bar and an electric room heater.
Bedroom (2.69m x 3.76m (8'10" x 12'4")) With an electric room heater. Bathroom / W.C.
(1.98m x 2.74m (6'6" x 9')) With a three piece suite comprising of a panelled bath incorporating an electric instant shower over and screen above, vanity unit housing the wash hand basin, low level W.C., part tiling to the walls and a built in cupboard which houses the hot water tank.
Outside The property has an allocated parking space within the courtyard and there is additional visitor parking.
Tenure The apartment is held on a 999 year ground lease with 963 years remaining from 1990 at a fixed nominal ground rent of £10.00 per annum and the property is offered with no chain involved.
The management charge for 2025 was £750.00. Council Tax Band The council tax band for this property is 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.
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About 12, Mascotte Gardens, Hornsea
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