1-bedroom flat · HU18 1PS
Listing removedReduced £10k (−5.9%) on 20 JunListed 409 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**chain free, ground floor apartment** Situated within the impressive Alexandra House, a striking development built on the site of the former Alexandra Hotel, this ground floor apartment perfectly blends modern style with a nod to its historic setting.
Enjoying a prime position in Hornsea, just moments from the seafront.
Completed in 2020, the apartment offers a light and spacious open-plan living kitchen, a double bedroom, a contemporary bathroom, and a versatile study/snug currently arranged as an additional sleeping area.
Call Our House today to arrange a viewing! EPC: B Council Tax: B Tenure: Leasehold For more information on fees please speak to the agent.
Entrance Hall (6.38 x 3.98 (20'11" x 13'0")) Entrance door leading to entrance hall, with large storage cupboard, Karndean flooring and radiator.
Open Plan Living Kitchen (6.38 x 3.98) Featuring bay windows to the front along with a second front-facing window, the kitchen is fitted with an extensive range of wall and base units, complemented by attractive work surfaces and a one and a half bowl sink unit.
Integrated appliances include an oven with microwave above, split-level hob, dishwasher, washing machine, and fridge freezer. Finished with Karndean flooring and a radiator.
Bedroom 1 (2.66 x 4.96 (8'8" x 16'3")) Window to front, carpet and radiator.
Study/ Snug (2.46 x 3.05 (8'0" x 10'0")) Currently used by current vendors as additional sleeping space, carpet and radiator.
Bathroom (2.62 x 2.08 (8'7" x 6'9")) Fitted with a panelled bath and shower, WC, and a modern vanity hand wash basin.
The bathroom is finished with a heated towel rail, part-tiled walls, and tiled flooring.
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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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 Apartment 2, Alexandra House, Railway Street, Hornsea
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