2-bedroom flat · HU1 2QX
For saleReduced £2k (−2%) on 15 AugListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain is this deceptively spacious first floor apartment in Merchants Warehouse, an historic and grade II listed building, situated in the heart of Hull's historic Old Town and the hustle and bustle associated with city centre living.
The property has been redecorated throughout and with new carpets and flooring.
Offering ready to move into accommodation, this wonderful property oozes charm and character and briefly comprises; to the ground floor, secure communal entry beautiful atrium with lift and stair access to all levels.
The apartment has a private hallway with loft access, modern kitchen, bathroom with three-piece suite, two double bedrooms with storage cupboard to the main and a large and bright lounge/ dining room.
Ideal for first time buyers, downsizers and investors alike and with plenty of amenities on your doorstep, including Hull Minster, a range of bars and restaurants, popular Humber Street, Trinity Market and the Train Station a short walk away, this great property is sure to be popular.
Contact our office to secure your viewing today! Communal Entrance Secure entry with intercom. Communal lobby with stairs and lift access to all floors.
First Floor Entrance Hallway Private entrance into the apartment via solid door. With storage cupboard and loft access.
Lounge/Diner (6.65m x 3.35m (21'9" x 10'11")) A bright and spacious room with multiple glazed windows flooding the space with natural light. Laminate flooring and electric heater.
Kitchen (1.76m x 3.28m (5'9" x 10'9")) With glazed window over looking to the atrium.
Fitted with a range of base and wall mounted units, laminated work surfaces, inset stainless sink sink, inset electric hob and extractor over, built in oven below and space for undercounter fridge, freezer and washing machine.
Bedroom One (3.25m x 5.53m (10'7" x 18'1")) Generous double bedroom with glazed window, cupboard for storage, carpet flooring and electric heater.
Bedroom Two (4.12m x 2.30m (13'6" x 7'6")) Second double bedroom with two glazed windows and additional window overlooking the atrium, carpet flooring and electric heater.
Bathroom (1.78m x 2.02m (5'10" x 6'7")) Fitted with a three-piece suite in white, comprising panelled bath with shower over, low level WC and pedestal sink unit.
Externally Externally, the property benefits from its own allocated parking space to the side of the building and within a secure gated carpark.
Council Tax Band We have been advised the property is council tax band A, payable to Hull City Council.
Additional Information Tenure: Leasehold - 99 years from 1 April 1986 Service Charge: £2160 per annum Ground Rent: £10 per annum Disclaimer: Any information in relation to the length of lease, service charge, ground rent and council tax has been confirmed by our sellers.
We would advise that any buyer make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 12 Merchants Warehouse, Robinson Row, Hull
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