1-bedroom flat · HU18 1ST
Listing removedListed 329 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the charming seaside town of Hornsea on the East Coast of Yorkshire, this delightful one-bedroom, ground-floor flat is selling with a tenant in situ.
The property features a welcoming front yard and convenient side access leading into a good-sized entrance hallway.
From here, you'll find all other rooms, including a family bathroom, a handy storage cupboard, a bright double bedroom, a well-proportioned lounge, and a separate kitchen.
Benefiting from uPVC double glazing throughout and efficient gas central heating.
Hornsea retains a pleasant village atmosphere, making it a popular spot for both residents and visitors seeking a quieter coastal experience.
The town centre features independent shops, charming tea rooms, and eateries, including traditional fish and chip shops.
Hornsea is well-connected by road, with accessibility to the UK's motorway network. It's approximately 16 miles from the city of Hull, providing access to a larger urban centre.
EPC Rating: C Leasehold Details Original Lease Term: 125 Years at 2003 Lease Term Remaining: 104 Years at 2024 Freeholder: East Riding Council Service charge for current period: £105.98 per annum Service charges vary dependent on necessary repairs.
Rental Information Current rent: £520 pcm Market rent: £520 pcm Tenancy agreement: 6-month AST Tenancy start date: March 2024 Tenant info: Single, employed occupant, working.
Entrance Hall With laminate flooring, radiator and doors leading to the bathroom, bedroom, living room and kitchen.
Bathroom With vinyl flooring, WC, wash hand pedestal basin, double glazed window, bath tub, shower attachment and radiator.
Lounge With laminate flooring, double glazed window and radiator. Bedroom With laminate flooring, radiator and double glazed window.
Kitchen With vinyl flooring, central heating boiler, laminate work surfaces, hob, oven, extractor fan, sink/drainer, radiator and double glazed window.
Disclaimer We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal, who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
The cost of these checks is £60(incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.
We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.
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 advisors 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
FAQ
About Whimbrel Avenue, Hornsea, HU18
Explore nearby