2-bedroom flat
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A self-contained two-bedroom flat with a brilliant private roof terrace and lovely views over Hornsea town centre, this one has plenty going for it!
Privately accessed from the rear, the flat offers spacious accommodation with a bright and welcoming feel throughout.
Step inside and you'll find a generous lounge with plenty of space to relax, leading through to a bright day room which makes a great additional living space.
From here, doors open straight out onto the south-facing private roof terrace making it the perfect spot to enjoy a morning coffee, catch some sunshine or simply take in the views over Hornsea.
The galley-style kitchen provides a practical space for everyday cooking, while there are two bedrooms offering plenty of flexibility whether you need a second bedroom, guest room or somewhere to work from home.
The bathroom is fitted with a bath and electric shower over, providing everything you need for everyday living.
There is a holding deposit of £137 which if your application is successful can be deducted from your first months rent. A deposit of £686 will be required.
This property is advertised on behalf of the legal owner, also known as the 'landlord'.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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
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FAQ
About Newbegin, Hornsea
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