1-bedroom flat · HU3 1LY
To rentListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One bedroom first floor flat, over two floors. Off Spring Bank and close to Princes Avenue with all its amenities and nightlife. Short drive into Hull City Centre.
Flat comprises of a entrance hallway, fitted lounge/kitchen, bedroom and bathroom with a three piece suite. Installed with uPVC double glazing and gas central heating system. Bond £519.23.
Viewing via Leonards please.
Features Heating : None Kitchen-Diner Family/Child Friendly Property additional info Location: Located off Spring Bank, close to the junction with Princes Avenue the property is well placed for local amenities nearby.
The City Centre facilities and St Stephens shopping parade is within a short commute. Ground Floor Entrance: Enter via communal door into communal hall.
Communal Entrance Hallway: Stairs leading up to the first and second floor. Apartment door is at the top of the first floor. First Floor Entrance: Door leads into the apartment hall.
Entrance Hall: Doors leading into the bedroom, bathroom and a staircase that leads to the second floor. Bedroom: 3.248m x 3.644m max Window to the rear aspect.
Bathroom: 2.183m x 1.855m Comprising of a white suite including a panel bath with mixer taps and shower fitment and screen, pedestal wash hand basin and a low level flush WC. Wall mounted boiler.
Contemporary splash backs and window to the side aspect. Staircase: Staircase leading up to the lounge/kitchen. Lounge/Kitchen: 4.325m x 4.110m Window to the rear aspect.
Fitted with a range of base and wall units with work surfaces. Stainless steel sink with mixer tap. Tiled splash back areas, feature fire surround and provision for a cooker.
Outside: Small forecourt to the front of the property.
References & Security Bond: Interested parties should contact the agents office for a referencing pack, which will detail the procedure for making an application to be considered as a tenant for the property.
On receipt of the application form a holding deposit equivalent to one weeks rent (£103.84) will be required. This amount will be deducted from the first month’s rent due on the tenancy start date.
The security bond required for the property is £519.23 which will be payable on the tenancy start date together with the first month's rent of £450.
The deposit will be registered with the Tenant Deposit Scheme. (TDS). Services: The mains services of water, gas and electric are connected.
Tenant Outgoings: From internet enquiries with the Valuation Office website the property has been placed in Band A for Council Tax purposes, Local Authority Reference number: 3.
Prospective tenants should check this information before making any commitment to take up a tenancy of the property.
Viewings: Strictly through the sole agents Leonards / Energy Performance Certificate: The current energy rating on the property is E (54).
Free Lettings Market Appraisal/Valuation: Thinking of letting your house, or not achieving the interest you expected on your property currently on the market?
Then contact Leonards who have great success in the letting of properties throughout Hull and the East Riding of Yorkshire. Tenure: The tenure of this property is Freehold
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.
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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.
Area
Agent & docs
FAQ
About Flat 2 - 16 Louis Street, Hull
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