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See how verdicts work1-bedroom flat · HU3 2SJ
Listing removedReduced £4.5k (−33.3%) on 22 SepListed 315 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This one-bedroom duplex terraced flat is **for sale** and offers a practical opportunity for **investors**, currently tenanted and generating £5,040 per annum.
The property is arranged over two levels, with a double bedroom and two bathrooms, providing additional convenience and flexibility for occupants.
There is also a garden, a valuable feature for outside space and low-maintenance relaxation. Internally, the flat is in good condition, with one reception room and one kitchen.
The property holds an EPC rating of D and falls within Council Tax Band A. Situated in Hull, the flat benefits from access to the city’s range of amenities.
Hull city centre offers shops, supermarkets, cafés and restaurants, along with cultural venues such as museums and galleries.
Local parks and open spaces around the city provide options for walking and leisure.
Public transport connections are convenient, with Hull Paragon Interchange offering rail services to destinations such as Leeds, York and Sheffield, with journey times from around one hour, making regional travel straightforward.
The bus network from the city centre also links surrounding neighbourhoods and business areas.
This property’s layout, current rental income and garden make it a straightforward investment proposition within Hull’s established rental market.
Property is offered for sale through the Modern Method of Auction which is operated by iamsold Limited (T&c's and buyer fees apply). no upward chain involved EPC rating: D.
External Approach The property is located on a terrace with a concrete forecourt, brick wall boundary and iron gate.
The flat is located on the ground floor access is via a wooden door leading to the communal corridor then to the wooden door of the flat.
Entrance Hall Wood effect floor and stairs leading to the first floor.
Lounge (10'9" x 10'8" (3.28m x 3.25m)) Double glazed UPVC window, radiator and wood effect flooring Kitchen (10'8" x 8'2" (3.25m x 2.49m)) Located to the rear aspect with double glazed UPVC window, a range of white wall and base units, contrasting worksurfaces, integrated electric hob and oven, extraction hood, stainless steel sink with mixer tap, radiator and wood effect flooring.
Ground Floor Bathroom (8'2" x 7'8" (2.49m x 2.34m)) Located to the rear aspect with two double glazed UPVC windows, white three piece bathroom suite with shower over the bath, radiator and vinyl flooring.
Landing Providing access to the first floor bedroom Bedroom (18'2" x 13'1" (5.54m x 3.99m)) Located to the rear aspect with double glazed UPVC window and carpet to the floor.
W/C (5'2" x 4'3" (1.57m x 1.3m)) With white W/C, sink, double glazed UPVC window, boiler and vinyl to the floor.
Rear Garden A large garden with a concrete patio and grass Parking Parking is available on-street only Services Mains gas, water, electricity and drainage are connected to the property.
Services, fittings & equipment referred to in these sale particulars have not been tested (unless otherwise stated) and no warranty can be given as to their condition.
Heating The property has the benefit of a gas fired central heating system (not tested). Tenure The property is leasehold. Council Tax Council Tax is payable to Hull City Council.
The property is shown in the Council Tax Property Bandings List in Valuation Band A Fixtures And Fittings Certain fixtures, fittings and furniture may be purchased with the property or may be subject to separate negotiation.
Mortgage We are pleased to work with Green and Green Mortgages who provide Northwood clients with expert independent mortgage advice.
With access to thousands of mortgages, including exclusive deals that are not available on the high street, the team of agents provide award-winning advice that is tailored to your individual circumstances.
The Mortgage Advice Bureau can help you to find the right mortgage product for you and help with your application every step of the way.
We have a dedicated Mortgage advisor who can offer telephone appointments to discuss your individual needs at a time to suit you.
Note: Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it. Valuation A market appraisal is a great way to start your property journey.
You can find out what your property is worth with a virtual or face to face appointment in your home. If you’re thinking of making a move, we would love to hear from you.
Call our sales team on to book your free, no obligation market appraisal now!
Agents Notes 1 Whilst every effort has been made to ensure the accuracy of the floor plan contained here, measurements of doors, windows, rooms and any other items are approximate and no responsibility is taken for any error, omission or mis-statement.
This plan is for illustrative purposes only. Agents Notes 2 The property is being offered with tenant in-situ The current rent is £420pcm offering a potential investor a good yield.
Anti Money Laundering We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Iamproperty/Movebutler who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
The cost of these checks is £25.00 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to iamproperty/movebutler, and is non-refundable.
We will receive some of the fee taken by iamproperty/movebutler to compensate for its role in the provision of these checks.
Auctioneers Notes 1 This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Auctioneers Notes 2 Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken.
Payment varies but will be no more than £450. These services are optional.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
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FAQ
About Flat 2 , 53, Coltman Street, Hull
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