1-bedroom flat · HU1 1UF
To rentReduced £30 (−4.1%) on 15 OctListed 74 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to introduce this stunning one-bedroom, second-floor apartment in the Egremont Russet building on Wellington Street, Hull.
This apartment offers great views down Wellington Street as well as letting a lot of natural light into the property.
It's only a couple of minutes' walk to all the amazing local bars and shops that Humber Street has to offer as well as being a place full of history and culture, which makes this a prime location, ideal for a young professional or a first-time renter.
As you walk into the apartment, you are greeted with a roomy hallway. Situated on the left is a bathroom consisting of a built-in shower, sink and WC.
Moving forward from the hallway, there's a bright, carpeted double bedroom. Moving onto the main living area, you'll find an open-plan kitchen/living area.
The kitchen is very modern with appliances such as a microwave, an oven and an extractor fan built-in.
The living room area has a double-glazed feature window which brings in lots of natural light and complements the neutral colours of the room.
Please note this property will be available from mid-September. Find it on what3words: ///league.copy.winner Tenancy duration: Flexible and variable terms available.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 201 Egremont Russet Building, Wellington Street, Kingston Upon Hull, City Of Kingston Upon Hull
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