1-bedroom flat · HU1 1UF
For saleReduced £10k (−8.3%) on 25 AugListed 204 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Wellington Street, Hull, Hu1 1Uf - Inviting Offers Between £120,000- £130,000 Inviting offers between £120,000- £130,000 Summary: “Introducing Egremont Russet, a second-floor, one-bedroom property located in the vibrant marina area, just steps away from Humber Street." Agent’s Perspective: Welcome to Egremont Russet, a charming one-bedroom property situated on the second floor of a well-renovated building in the bustling marina area.
As you step inside, you’re greeted by an inviting entrance hallway and off to the left a convenient shower room equipped with a WC, basin, and shower cubicle – perfect for freshening up after a day exploring the nearby attractions.
Moving further into the property, you’ll find yourself in the heart of the home: An open-plan living and dining area seamlessly integrated with a modern kitchen nestled in the corner.
The kitchen has ample wall and base units, discreetly housing all essential appliances, and providing plenty of space for contemporary furnishings.
Whether you’re hosting a cosy dinner party or simply unwinding after a busy day, this versatile space offers the perfect backdrop for all your lifestyle needs.
The spacious master bedroom, located at the front of the property, exudes comfort and tranquillity, offering ample room for your furniture essentials and featuring a large storage cupboard for keeping your belongings neatly tucked away.
With its prime location just moments from Humber Street and the vibrant foreshore, Egremont Russet presents an excellent opportunity for investors and young professionals.
Please Note: Building has a lift. Tenure The property is leasehold (share of the freehold) Ground Rent: £0 Ground Rent Review Period (no.
Of years/months): Service Charge: £100pcm Annual Ground Rent Increase (%): Length of Lease (Number of yrs remaining): 118 Council Tax Council Tax is payable to the Kingston Upon Hull City Council .
From verbal enquiries we are advised that the property is shown in the Council Tax Property Bandings List in Valuation Band A .* Fixtures & Fittings Certain fixtures and fittings may be purchased with the property but may be subject to separate negotiation as to price.
Disclaimer *The agent has not had sight of confirmation documents and therefore the buyer is advised to obtain verification from their solicitor or surveyor.
Viewings Strictly by appointment with the sole agents. Site Plan Disclaimer The site plan is for guidance only to show how the property sits within the plot and is not to scale.
Mortgages We will be pleased to offer expert advice regarding a mortgage for this property, details of which are available from our Newland Avenue office.
Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it. Valuation/Market Appraisal: Thinking of selling or struggling to sell your house?
More people choose Beercocks in this region than any other agent. Book your free valuation now!
Important notice In this listing, some of the property photos have undergone virtual staging to enhance the visual appeal and highlight the full potential of the space.
Virtual staging is a digital technique wherein computer-generated furniture, decor, and other elements are added to the images, creating an aesthetically pleasing representation of the property.
This process allows potential buyers to envision the possibilities and imagine the furnished layout of the home.
While the actual property is vacant and minimally furnished, virtual staging helps bridge the gap between imagination and reality, providing a more compelling presentation of the property's features and potential.
It's important to recognise that the virtually staged images are for illustrative purposes only and differ from the current state of the property.
We have not modified the physical fabric or fittings of this property.
Important Buyer Information: To progress your offer, we are legally required to verify your identity, confirm your source of funds, and assess affordability. This process incurs a fee of £50 (inc.
VAT) for sole buyers, or £100 (inc. VAT) for joint buyers, regardless of the number of individuals involved.
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 Egremont Russet Building 9-11 Apartment 201, Wellington Street, HULL
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