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See how verdicts work2-bedroom flat · HU16 5PZ
For saleListed 217 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Situated it the heart of Cottingham is this two bedroom, first floor flat that features its own private entrance.
As you enter through the private entrance into a hallway with stairs leading to the first floor. From the first floor hallway is access to the two bedrooms, kitchen, lounge and shower room.
The kitchen currently features a mix of base and wall units in cream with contrasting counter tops and space for white goods. Off the kitchen is a utility cupboard that currently houses the boiler.
The kitchen also features a window to the rear elevation. Next to the lounge across the hallway that has views into the village from the window to the front elevation.
A decorative fire surround acts as a focal point to the room. To the sleeping accommodation next is two bedrooms leading off the hallway.
The first bedroom is a generous double with a window to the rear elevation, with the second bedroom a comfortable single with space for furniture and a window to the front elevation.
The flat is served by a single shower room that features a three piece suite comprising of shower unit, hand basin and low flush toilet.
The property also benefits from the use of one unspecified parking space in the car park located at Elm Tree Court.
The buyer will also be required to agree to become a member of the management company. The current lease length has 77 years remaining, some high street lenders may have concern and not agree to lend.
EPC Rating: C Hallway (2.84m x 1.06m) Enter through a private front door into a lower hallway with stairs leading to a hallway on the first floor.
Kitchen (3.97m x 2.32m) Featuring a range of base and wall units in cream with contrasting countertops. Space for white goods. Window to the rear elevation. Utility cupboard housing the boiler.
Lounge (4.52m x 3.06m) A generous lounge with window to the front elevation with views into the village. A decorative fire surround acts as a focal point. Bedroom No.
1 (4.91m x 3.07m) A generous double bedroom with window to the rear elevation. Bedroom No. 2 (2.53m x 3.30m) A comfortable single bedroom with window to the front elevation.
Shower Room (1.90m x 2.16m) A shower room featuring a three piece suite comprising of shower unit, hand basin and low flush toilet.
Outside The property also benefits from the use of one unspecified parking space in the car park located at Elm Tree Court.
Notes The buyer will also be required to agree to become a member of the management company.
The current lease length has 77 years remaining, some high street lenders may have concern and not agree to lend.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 25 Elm Tree Court, Cottingham
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