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See how verdicts work2-bedroom flat · HU8 9FE
Sold STCListed 53 daysAuction 28 Sep · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two-bedroom first-floor apartment, located in this purpose-built development, offers an ideal opportunity for investors to purchase a property that is a little tired and would benefit from a manageable refurbishment programme.
The property has been let for many years but is now vacant, presenting an opportunity to carry out improvements before reletting.
Principally, the bathroom, decorations, and floor coverings let it down, and depending on the level of refurbishment, we believe a gross rental income of £675 to £725 pcm could be achieved (interested parties should carry out their own research to confirm these predictions).
Location Situated just off the ever-popular Howdale Road, it is well positioned for local shops and amenities as well as nearby Sutton Village and its range of facilities.
The property also enjoys excellent transport links around the City.
The Accommodation Comprises - Communal Entrance - Intercom controlled front access door into communal entrance hallway with mailboxes.
First Floor Communal Landing Entrance Hallway Internal door into apartment hallway with laminate flooring and storage cupboard and cupboard housing the hot water tank. Storage heater.
Lounge An L-shaped lounge with dining area. Laminate flooring and uPVC window and double French doors to a Juliet balcony. This area has two storage heaters.
Kitchen Fitted shaker-style base units with contrasting work surfaces, stainless steel sink/drainer.
Plumbing for an Automatic washing machine, space for an electric cooking appliance, and a free-standing fridge freezer. Kick space fan heater.
Bedroom One With laminate flooring and uPVC window to rear aspect. Electric convector heater. Bedroom Two With laminate flooring and uPVC window to rear aspect. Electric convector heater.
Bathroom With a panel bath, low-flush WC, and hand wash basin. Heated towel rail, electric wall heater and extractor fan.
Outside The property is set in communal gardens whilst to the rear of the property there is an allocated parking space. Tenure The property is Leasehold.
We understand the lease to be 999 years from 1/1/1991; however, this should be verified via the legal pack. Ground Rent and Service Charge Please see the legal pack for details.
Council Tax Council Tax band A payable to Kingston upon Hull City Council EPC TBC SERVICES It is understood that mains drainage, mains water and electricity are laid to the property.
Electric heating and windows are double glazed with uPVC framed sealed units. None of the services or associated appliances have been checked or tested.
VIEWING Strictly by appointment with the auctioneers on .
Solicitor TBC Method of Sale The property will be offered for sale by online auction with bidding commencing at 12 noon on Monday 28th September 2026 and closing on Wednesday 30th September 2026 at 1.00pm.
For further legal information relating to this lot please log on to auctionhouse.co.uk/hullandeastyorkshire.
Conditions of Sale The property will be sold subject to conditions of sale, copies of which will be available for inspection at the auctioneer’s offices, with the solicitors and online at auctionhouse.co.uk/hullandeastyorkshire prior to the date of the auction.
Additional Fees The purchaser will be required to pay an administration charge of 0.3% inc.
VAT is subject to a minimum of £900 (£750 plus VAT), and a buyer's premium of £1,200 (£1,000 plus VAT) in addition to the purchase price of the property.
Guide Price Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures that a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction), which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Disbursements Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion. Roof type: Concrete roof tiles. Flooded in the last 5 years: No.
Construction materials used: Brick and block. Water source: Direct mains water. Electricity source: National Grid. Sewerage arrangements: Standard UK domestic. Heating Supply: Others.
Parking Availability: Yes.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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.
Area
Agent & docs

FAQ
About Howdale Road, Hull, HU8
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