2-bedroom flat · HU5 2QG
For saleListed 942 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary remains available under the auction conditions***contact the auctioneers to make an offer now description This self-contained, ground floor flat is a ready-made investment as the property is being sold with a long-term tenant in situ at reserved rent of £450PCM.
The flat is set within a block of only four flats along Queens Road, close to the main Beverley Road leading into the city centre and nearby Newland Avenue which has a range of local shops, amenities and public transportation links.
Additionally, there is convenient access onto the A63 & onto the M62 motorway for travel further afield and Hull University is also within a short walk of the property.
The property benefits from gas fired central heating alongside a communal parking area and communal garden to the rear. Entrance Hall Wooden door to the side.
Lounge 11' 4" max x 17' 10" max ( 3.45m max x 5.44m max ) Two double glazed windows to the front, feature fire surround with electric fire, boiler and a radiator.
Kitchen 8' 5" x 6' 11" ( 2.57m x 2.11m ) Fitted kitchen with a range of wall and base units, work surfaces, gas cooker, stainless steel sink, plumbing for an automatic washing machine, radiator and double glazed window to the front.
Bedroom 1 8' 3" x 12' 2" ( 2.51m x 3.71m ) Double glazed window to the rear and a radiator. Bedroom 2 8' 3" x 6' 10" ( 2.51m x 2.08m ) Double glazed window to the rear and a radiator.
Bathroom Bathroom with panelled bath and shower over, low level W/C, pedestal wash hand basin, radiator and double glazed window to the rear.
Important Notice For each Lot, a contract documentation fee of £1800 (inclusive of VAT) is payable to the Auctioneers by the buyer. The seller may charge additional fees payable upon completion.
If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property.
It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press.
The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.
Important Notice **please contact the auctioneers at to request A copy of the legal pack, if this is available we can email it over to you** Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
Important Notice When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction.
The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer.
The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set.
The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst the auctioneers make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective Important Notice Prospective purchasers and bidders attend properties entirely at their own risk.
Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries.
All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.
Registration for bidding online will close the Friday before the auction sale. Please ensure you register and submit all the details and documents required in time.
Without authorisation to bid prior to the sale you will be unable to bid in the auction.
Directions See below map for property location, for further information please contact the Residential Sales Team on .
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
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General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 advisors 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
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FAQ
About 2, St. Johns Court, 12, Queens Road, Hull
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