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See how verdicts work2-bedroom flat · HU2 8RD
For saleListed 576 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**cash buyers only** Spacious two bedroom first floor apartment located in the heart of Hull. Situated on the first floor, and is accessed via communal lift, stairway and walkway to the front door.
Accommodation briefly comprises, large entrance hall, open plan living room with kitchen area, main bedroom with en-suite, a further bedroom and a family bathroom.
This fantastic property located in Hull, within close proximity to a wide range of local amenities, schools, shopping facilities, food/drink establishments and Hull Royal Infirmary.
The area also presents excellent transport and road links with the nearby Hull train station. Externally, the property boasts a secure gated car park.
Entrance Hallway 22' x 4' (6.7m x 1.22m) Carpeted, radiator and storage cupboard - tank/ boiler.
Open Plan Lounge/ Kitchen/ Diner 20'9" x 16'11" (6.32m x 5.16m) Lounge/ Diner area - UPVC dg door to side elevation, UPVC dg window to side elevation, carpeted, and radiator.
Kitchen area - Wall and base units, lino flooring, integral fridge/ freezer, electric over and electric hob, extractor fan, stainless steel sink and drainer and tiled backsplash.
Main Bedroom 14'11" x 8'10" (4.55m x 2.7m) Two UPVC dg windows to front elevation, carpeted and radiator. Ensuite to Main Bedroom Shower cubicle, WC and wash hand basin and tiled flooring.
Bedroom 2 10'7" x 7'8" (3.23m x 2.34m) UPVC dg window to side elevation, carpeted and radiator.
Bathroom Three piece suite including panelled bath, WC and wash hand basin, stainless steel towel radiator and tiled flooring.
External With fob access through electric gates, communal parking spaces and bin storage.
Material Information Ground Rent: £303.20 (paid annually) Service Charge: £462.57 (paid quarterly) - £1,850.28 Annually. Leasehold Council Tax Band - B Lease Expires - 01/12/2130
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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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.
Area
Agent & docs
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FAQ
About Apartment 51, 12, Spring Street, Hull
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