2-bedroom flat · HU6 8QS
For saleListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property is prominent to a busy arterial route on the north-western periphery of Hull.
Situated c.4 miles from the city centre, it is close to the junction with Hall Road and Fairfax Avenue where there is a concentration of retail premises in what is otherwise a largely private residential location.
The extended end-terrace property is of traditional brick construction built to two-storey height plus attic accommodation under a mix of pitched tile clad and flat mineral felt roofs.
The property comprises a ground floor lock up shop t/a Le Style Hair Studio with spacious, good quality living accommodation at first floor and attic levels which benefits from secure parking and a large garage with a decked seating/amenity area above.
Stairs lead down from this area to an enclosed rear yard to which the shop also has access. The property has all mains services with gas fired central heating and uPVC double glazing.
The shop benefits from an electric security shutter.
Accommodation Attic 24.4 sq m (263 sq ft) - double bedroom & box room First Floor 66.7 sq m (718 sq ft) - lounge/dining room, kitchen, double bedroom, shower room/WC A door off the first floor landing provides access to the roof terrace.
A layout plan of the residential accommodation is provided for guidance only.
Garage 33.0 sq m (355 sq ft) Ground floor sales 58.7 sq m (632 sq ft) Externally forecourt, secure driveway with car port, roof terrace and enclosed rear yard.
Rateable Value/Council Tax The ground floor shop is assessed at a rateable value of £7,200 which provides full rate to a qualifying small business in occupation.
The residential accommodation is in Council Tax Band A.
Lease Terms The ground floor shop is occupied under the terms of a commercial lease at a current rent passing of £8,320 per annum (£160 pw equivalent).
The current tenant has been in occupation since commencement of the lease in July 2000 with a wish to renew lease terms. Price The property is offered for sale at a guide price of £245,000.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 436 Cottingham Road, Hull, HU6 8QS
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