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See how verdicts work1-bedroom flat · HU9 1JQ
For saleListed 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A particular feature of this property is that the new owner will obtain a 12.5% share of the Freehold, along with membership of the management company, which is made up of the owners within the building.
The apartment is arranged over two floors and briefly comprises; entrance into the modern fitted kitchen, complete with appliances, a contemporary bathroom and a double bedroom.
To the first floor is a spacious lounge, featuring bi-folding doors which open onto the balcony, creating a fantastic space to relax and enjoy the outside.
Key Features - One-bedroom duplex apartment - Modern fitted kitchen with appliances - Contemporary bathroom - Spacious first-floor lounge - Bi-folding doors leading to balcony - 12.5% share of the Freehold - Membership of the buildings management company - Convenient East Hull location - Close to Holderness Road amenities and transport links Immediate Viewing is Essential and Now Invited!
Rental Potential of £475-£495pcm The Ground Rent and Service Charge is £1,200 per annum and the lease was 250 Years from 2006 (Approximately) EPC- To Follow Council Tax Band A Communal Entrance With an intercom entry system, a well-kept and inviting communal entrance hall leads to the entrance door for the apartment.
Entrance Hall With laminate flooring, a hard wood entrance door and carpeted stairs leading to the first floor.
Kitchen With laminate flooring, a range of cream high wall, base and drawer cabinets with contrasting work surfaces over, a Belfast sink with mixer tap over, a tiled splash back, integrated oven, electric hob with extractor hood over, integrated washing machine, integrated slim line dishwasher, integrated fridge, a radiator and a breakfast bar.
Bathroom With laminate flooring, a low level WC, a pedestal hand wash basin, panelled bath with electric shower over, a heated towel rail and tiling to the walls.
Bedroom A double bedroom with carpeted flooring, a radiator, a window to the front elevation.
Lounge A spacious living area with carpeted flooring, 2 x radiators, a built-in cupboard housing the boiler and uPVC bifold doors leading to the balcony area
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
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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
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FAQ
About Apartment 3, 12 Franklin Street, Hull
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