1-bedroom flat · HU9 1LA
For saleListed 322 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold ***investment opportunity***This first floor studio is being sold as an investment with a sitting tenant.
The property is currently let on an assured shorthold tenancy which commenced 8th March 2024 and is currently operating on a statutory periodic basis, generating £350pcm (£4200pa).
The building is a conversion of a period property and lies close to a host of amenities and benefits from excellent access into and out of the city centre.
The accommodation is gas centrally heated and double glazed and includes a modern kitchen with oven and hob and bathroom with shower over the bath.
An affordable investment opportunity EPC Rating: D Communal Hallway With individual post boxes and stairs leading up to the first floor Private Entrance Hall Laminate wood flooring Open Plan Living/Kitchen/Bedroom Dimensions: 18' 5'' max x 15' 11'' max(5.61m x 4.85m).
The open plan studio is L-shaped with 2 uPVC double glazed windows to the front elevation, laminate wood flooring and a radiator.
The kitchen area has been fitted with a range of modern wall and base cabinets in a light oak effect finish, black granite effect roll top work surfaces and splash back tiling above.
There is an integrated oven and gas hob, plumbing for an automatic washing machine and the boiler is neatly concealed within the end kitchen wall unit Bathroom Dimensions: 7' 10'' x 4' 9'' (2.39m x 1.45m).
Fitted with a white suite comprising a panelled bath and matching pedestal wash hand basin and button flush low level WC.
The walls are part tiled with a fitted extractor fan, tiled floor and a chrome effect towel rail radiator Fixtures & Fittings Fixtures and fittings within the property may be available by separate negotiation unless otherwise stated.
Any items of particular importance to you can be verified with our team.
Free Valuation If you are considering selling or letting your property, we would be delighted to provide a free valuation and marketing advice. Please contact the office on to arrange an appointment.
Agents Notes In most cases we use wide angle lens photography to ensure we capture as much of the room and its features.
This can distort the image slightly and should be considered alongside the other details within the particulars.
Oscars give notice that these particulars whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract.
Purchasers and potential purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise to assess their accuracy.
No person in the employment of Oscars has the authority to make or give any representation or warranty in relation to the property.
In compliance with ntselat guidance on referral fees, we confirm that vendors and prospective purchasers will be offered estate agency and other associated services for which certain referral fees/commissions may be made available to the agent.
Full details can be found on our website Lease Details The property is leasehold with the lease commencing on 01/01/2006 for a period of 155 years.
Ground Rent: £65 per annum Service Charges: £1225.57 for the period 01/01/2026 - 31/12/2026 Property Information The property is of traditional brick construction under a tiled roof and is connected to mains gas, electric, water and drainage (not tested) EPC Rating - D Council Tax Band - A (Hull City Council) Tenure - Leasehold Broadband - Standard & Ultrafast are available in this location Mobile Phone Coverage - 3 networks are listed as good both indoors and outdoors with 1 further network listed as good outdoors and variable indoors - please refer to the Ofcom website for further details Flood Risk - Low/Very Low Id/Aml Checks Please note that if your offer is accepted on a property, we are legally required to undertake identity checks and anti-money laundering checks.
These are conducted by a third party, Hipla, on our behalf and there is a charge of £20+VAT (£24 incl VAT) for their services.
If you do not wish for your data to be processed for id/aml purposes you must notify our sales team at offer stage.
Disclaimer Fixtures and Fittings: Fixtures and fittings within the property may be available by separate negotiation unless otherwise stated.
Any items of particular importance to you can be verified with our team.
Free Valuation: If you are considering selling or letting your property, we would be delighted to provide a free valuation and marketing advice. Please contact the office on to arrange an appointment.
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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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
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FAQ
About Flat 4, 117 Abbey Street, Hull
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