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See how verdicts work4 × 1-bed flat · HU16 5QN
For saleListed 253 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***ATTENTION DEVELOPERS***A rare development opportunity close to the centre of Cottingham village with planning permission.
Needler Hall has extensive history having been originally constructed as a large private house in the 18th century.
It was acquired by the university in the 1920's and predominantly served as a halls of residence which was home to the poet Roger McGough and Philip Larkin was appointed sub-warden at Needler Hall whilst serving as the universities librarian.
The project has permission to convert the existing building into 8 large apartments which will make the most of the grandeur of the period building with four large 1 bedroom apartments to the ground floor and four 2 bedroom duplex apartments to the first and second floor.
In addition, planning is in place for a 4 bedroom detached family home within the grounds as well as off street car parking for 15 vehicles to serve all units.
Located in a prime position with easy access to all the facilities that Cottingham has to offer Planning Permission The site has planning permission to convert the existing building into 4 x 1 bedroom apartments and 4 x 2 bedroom duplex apartments (planning references 16/00075/STPLF & 22/02672/STVAR) and a 1 x 4 bedroom detached house (planning reference 22/02201/PLF).The plans also include the provision for off street parking for 15 vehicles, landscaping and refuse storage Individual Unit Breakdown Main House Flat 1 - 1 bedroom ground floor - 53.8m2 Flat 2 - 1 bedroom ground floor - 47m2 Flat 3 - 1 bedroom ground floor - 56.2m2 Flat 4 - 1 bedroom ground floor - 57m2 Flat 5 - 2 bedroom first/second floor duplex - 81.9m2 Flat 6 - 2 bedroom first/second floor duplex - 90.1m2 Flat 7 - 2 bedroom first/second floor duplex - 79m2 Flat 8 - 2 bedroom first/second floor duplex - 88.2m2 New Build House 4 bedroom detached house - 102.5m2 Grounds & Car Parking The planning permission includes the provision for off street parking spaces for 15 vehicles, landscaping and appropriate refuse storage areas Section 106 Agreement A section 106 agreement is in place and a condition of the planning permission.
This requires an affordable housing contribution and recreational facilities contribution which totals approximately £30,000 and will be the responsibility of the purchaser and therefore should be factored into the overall costs to develop the site.
Further details can be provided upon request Agents Notes In most cases we use wide angle lens photography to ensure we capture as much of the room and its features.
This can distort the image slightly and should be considered alongside the other details within the particulars.
Oscars give notice that these particulars whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract.
Purchasers and potential purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise to assess their accuracy.
No person in the employment of Oscars has the authority to make or give any representation or warranty in relation to the property.
In compliance with NTSELAT guidance on referral fees, we confirm that vendors and prospective purchasers will be offered estate agency and other associated services for which certain referral fees/commissions may be made available to the agent.
Full details can be found on our web...
Free Valuation Free Valuation: If you are considering selling or letting your property, we would be delighted to provide a free valuation and marketing advice.
Please contact the office on to arrange an appointment.
ID/AML Checks Please note that if your offer is accepted on a property, we are legally required to undertake identity checks and anti-money laundering checks.
These are conducted by a third party, Hipla, on our behalf and there is a charge of £20+VAT (£24 incl VAT) for their services.
If you do not wish for your data to be processed for ID/AML purposes you must notify our sales team at offer stage.
Property Information The property is currently in a state of disrepair and therefore internal viewings may be difficult.
External viewing of the site can take place at any time but the protective Heras fencing must not be breached EPC rating - N/A Council Tax Band - Individual units will be classified upon completion Broadband - Standard & Ultrafast are available in this general location Mobile phone coverage - 1 network is listed as good both indoors and outdoors, 2 networks are listed as variable indoors and good outdoors with 1 further network listed as good - outdoors only.
Please refer to the Ofcom website for further details Flood risk - Very low Disclaimer Fixtures and Fittings: Fixtures and fittings within the property may be available by separate negotiation unless otherwise stated.
Any items of particular importance to you can be verified with our team.
Free Valuation: If you are considering selling or letting your property, we would be delighted to provide a free valuation and marketing advice. Please contact the office on to arrange an appointment.
Agents notes: In most cases we use wide angle lens photography to ensure we capture as much of the room and its features.
This can distort the image slightly and should be considered alongside the other details within the particulars.
Oscars give notice that these particulars whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract.
Purchasers and potential purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise to as...
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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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 Northgate, Cottingham, HU16
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