We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · HU8 7HU
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Attention investors – A period property with plenty to tempt! Offers over £70,000 – currently let at £650 pcm – tenants in situ! Now here's one for the investment portfolio!
If you're looking for a property that already has tenants in place and an income stream from day one, this appealing two-bedroom period mid-terrace could be just the ticket.
With a current rental income of £650 per calendar month (£7,800 per annum), the property offers an attractive gross rental yield of approximately 11.1% based on the asking price of £70,000.
That's certainly something worth taking a closer look at!
Conveniently positioned within a popular residential location, this traditional home offers two genuine double bedrooms, a comfortable lounge, a generous fitted kitchen, ground floor bathroom and an enclosed rear courtyard.
Further benefits include gas-fired central heating and majority uPVC double glazing.
Already occupied by tenants, this is an opportunity to add a ready-let property to your portfolio without the immediate need to find a new tenant.
Whether you're an established landlord or looking to take your first step into buy-to-let, this one deserves your attention. Tenants in situ – two double bedrooms – £650 pcm rental income – approx.
11.1% gross yield – offers over £70,000. When would you like to arrange your viewing? EPC Grade D: Awaited. Council Tax Band A, payable to Hull City Council.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
HUL260185/8 Main Accommodation Ground Floor Sitting Room 4.1m (into recess) x 3.48m - A welcoming reception room featuring a double-glazed entrance door and front-facing window, laminate flooring, radiator and useful cupboard housing the gas and electric meters.
Breakfast Kitchen (4.06m x 4.04m (13' 4" x 13' 3")) A particularly generous kitchen with plenty of room to work with, fitted with a range of beech-effect base and wall units complemented by contrasting work surfaces incorporating a stainless steel sink and drainer.
Tiled splashbacks, double-glazed rear window and thermostat. Lobby Providing access to the rear courtyard via a double-glazed side entrance door, together with a useful built-in storage cupboard.
Bathroom Fitted with a white suite comprising a panelled bath with electric shower over, pedestal wash hand basin and WC. Fully tiled walls, double-glazed side window and radiator.
First Floor Landing With rear-facing window and access to both bedrooms. Principal Bedroom 4.1m (into recess) x 3.38m - A generous double bedroom with front-facing double-glazed window and radiator.
Bedroom Two (3.18m x 3.02m (10' 5" x 9' 11")) A second well-proportioned bedroom with rear-facing double-glazed window, radiator and cupboard housing the boiler.
Outside Rear Courtyard An enclosed rear courtyard provides an outdoor space, with a gateway giving pedestrian access to a shared pathway.
Agent's Note To fulfil the obligation to share material information, please follow the web link where you'll find a comprehensive document containing key facts for buyers, providing valuable insights related to the property that you'll undoubtedly find useful.
Agent's Note Two Hmrc is a supervisory body for money laundering regulations, of which all estate agents need to be registered.
As part of this, there are multiple requirements that agents must rigorously and consistently meet to ensure they stay compliant with the regulations and protect their clients.
To do this, we use an identity verification service, approved by the Government as part of the Digital Identity and Attributes Trust Framework (diatf).
This method and the process we follow to ensure compliance for your transaction come with significant time, financial and legal implications hence a portion of this is passed on.
We elected for this verification process due to the speed, certainty, and accuracy it delivers.
This helps us to protect all our client's interests by using the most advanced verification process to help prevent the impacts of money laundering alongside our internal manual policies and procedures while staying compliant with hmrc.
Agent's Note Two Continued The administrative charge for this process is £40 plus VAT for a sole purchaser, £65 plus VAT for two purchasers and £75 plus VAT three or more purchasers.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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FAQ
About 3, Egton Street, East Yorkshire
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