4-bedroom flat · HU5 2SA
For saleListed 731 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Exciting Investment Opportunity – Two Flats with Development Potential This unique property, located in a prime area, offers an excellent investment opportunity with two front flats ready for full refurbishment and a rear yard featuring planning permission for two additional buildings.
Property Overview: Two flats at the front: These spacious flats require complete renovation, providing a blank canvas for investors or developers to transform into modern, high-yield rental properties or stylish homes.
Rear Yard: The generously sized yard comes with approved planning permission for two new buildings, offering the potential to significantly increase the property's value and rental potential.
Development Potential: With the existing planning permission, you can easily add two new-build homes or flats to the property, perfect for those looking to maximize returns in a high-demand rental area.
This property is ideal for investors or developers seeking a project with strong potential in a well-connected location.
Don’t miss this fantastic development opportunity—contact us today for more details or to arrange a viewing.
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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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 De Grey Street, Kingston Upon Hull
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