1-bedroom flat · HU1 1AA
For saleListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FIXED PRICE £60,000 FULL WALK-THROUGH VIDEO!
*INCENTIVE OFFERED CALL THE OFFICE FOR FURTHER DETAILS* Part 1: Step into City Exchange, where a smart one-bedroom second-floor apartment invites you to experience modern living in Hull’s Old Town.
With a uniquely designed living and kitchen room, this property is a clever blend of style and practicality. Part 2: From an agent’s perspective, City Exchange is a gem in Hull’s Old Town.
Smartly presented, this one-bedroom apartment offers a contemporary living experience.
As you enter through the well-maintained hallways and elevator, you’re led to the second floor, where this stylish abode awaits.
The large entrance hallway, adorned with a storage cupboard, sets the tone for the property’s thoughtful design.
To the right, a bathroom with a bath, shower, basin, and WC provides a haven of relaxation.
To the back, a spacious master bedroom with high windows offers ample space for all your modern-day furniture needs. The real charm unfolds in the uniquely designed living and kitchen room.
High windows flood the space with light, creating an airy and inviting atmosphere. The kitchen, cleverly separated with plenty of units, ensures both functionality and style.
Tenure The property is leasehold Ground Rent: £45.15 per annum Service Charge: £417.12PCM Length of Lease (Number of yrs remaining): 124 Years Remaining Lease Runs out: 31/12/2149 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 C.* 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.
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
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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 City Exchange, Lowgate, Hull, HU1 1AA
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