We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom flat · HU3 2SF
Sold STCListed 125 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price - £130,000 - This terraced house forms part of a well-maintained multi-unit freehold block comprising three flats (2 x 1 bedroom and 1 x 2 bedroom), offering an exceptional investment opportunity with no onward chain.
Each flat in the block is currently occupied, generating a robust total rental income of £18,000 per annum and delivering an impressive gross yield of over 13.8%, making this a highly attractive addition to any investment portfolio.
The interiors are thoughtfully designed, featuring well-equipped living spaces that combine comfort and practicality, while modern fixtures and finishes create a warm and inviting atmosphere throughout.
Recent damp work has been expertly completed on flats one and two following a leak.
Roof tiles and guttering was replaced, as well as the relevant damp work carried out, providing peace of mind with a comprehensive 10-year warranty in place, ensuring the ongoing quality and durability of the property.
There has been no issues regarding to flat 3. The layout of each flat has been optimised to maximise space and natural light, offering a welcoming environment that is ready to move into and enjoy.
The property’s excellent location means residents benefit from easy access to the Hospital, a wide range of amenities, including shops, restaurants, and leisure facilities, all within easy reach, enhancing the overall appeal and lifestyle on offer.
Whether you are seeking a high-yielding investment or a centrally located home with proven rental potential, this property stands out.
The property has Japanese Knotweed present in the garden, which the current vendor is going to resolve.
Disclaimer Anti-Money Laundering - 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. General Disclaimer - These property particulars are produced in good faith, are...
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 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 Coltman Street, Hull, HU3
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