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See how verdicts work1-bedroom flat · HU5 5LG
For saleListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Springhead Court occupies a convenient position on South Hotham Road, approximately 2 miles west of Hull city centre.
The location benefits from excellent road connectivity via the A63 and A164, whilst a range of local amenities, schools, retail facilities and public transport services are located nearby.
The surrounding area has experienced continued residential demand driven by affordability, employment opportunities and Hull's ongoing regeneration, making the apartments attractive to both tenants and owner occupiers.
DESCRIPTION An attractive opportunity to acquire a modern, purpose-built residential investment in an established and popular residential location in Hull.
The property comprises an attractive development of 11 self-contained apartments, 8 apartments are offered for sale along with the freehold of the building, providing a mix of well-proportioned one and two-bedroom units.
The apartments have been constructed to a modern specification and provide well designed accommodation suitable for a wide range of occupiers.
The development is complemented by landscaped communal areas and a secure residents' car park. TENANCY The investment currently produces a current Gross Rental Income of £69,240 per annum.
TERMS Offers are invited for the long leasehold interests in the 8 apartments with offers sought in the region of £900,000, subject to the existing occupational tenancies - further details available upon request.
COUNCIL TAX : Band A & B. For further details visit gov.uk. ENERGY PERFORMANCE RATING: Awaiting Confirmation
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
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.
Area
Agent & docs
FAQ
About Springhead Court 792 Hotham Road South, Hull, HU5 5LG
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