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See how verdicts work4-bedroom flat · HU3 1UU
Listing removedListed 114 daysAuction 27 Jul · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located just off Beverley Road within strolling distance of many amenities, including supermarkets, restaurants and situated on a regular bus route, which makes this a very popular buy-to-let area.
The property is partly occupied, with the first-floor recently vacated (previously let at £600pcm) and the ground-floor flat let to a long-term tenant at £550pcm.
To the ground floor is a two-bedroom flat, and to the first floor is further generous two-bedroom flat. When fully let, the property can generate a gross income of £13,800pa.
Location Beverley Road acts as one of the main feeder roads into Hull.
It offers excellent local amenities, shopping, recreational and sports facilities with good public transport links to both the City Centre and Beverley.
The Tesco superstore on Beverley High Road is within a short driving distance as are the universities on Cottingham Road.
Accommodation The property is arranged on two floors and briefly comprises as follows: Communal Entrance Flat 1 Bedroom to the front of the property opening up into a living room, which follows on to the kitchen with a shower room and further bedroom.
Flat 2 Located on the first floor with a living room to the front of the property leading onto a bedroom with a kitchen, bathroom and further bedroom located to the rear. EPC Flat 1 - E54.
Flat 2 - E40. Services The property is connected to mains gas, water, drainage, and electricity; however, these services have not been tested. Tenure We understand the property to be Freehold.
The property is sold subject to existing tenancies - please see the legal pack for further details. Council Tax Council tax is payable to East Riding of Yorkshire Council and both flats are in Band A.
Viewings Strictly by appointment with Auction House on or the joint agents Reeds Rains on . Joint Agents Reeds Rains, 79 Newland Avenue, Hull, East Yorkshire, HU5 2AL.
Tel: Solicitor Ackroyd Legal (London) LLP, 16 Prescot Street, London, E1 8AZ. Ref: Matthew Elash.
Tel: Method of Sale The property will be offered for sale by online Traditional Auction with bidding commencing at 12 noon on Monday 27th July 2026 and closing on Wednesday 29th July 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 £1,200 (£1,000 plus VAT), and a buyer's premium of £1,800 (£1,500 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 listed disbursements that may become payable by the purchaser upon completion.
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
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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 Flats 1 & 2, Pendrill Street, Hull, HU3 1UU
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