1-bedroom flat · HU1 1YP
To rentListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A truly impressive first floor apartment with lots of character and many original features.
This apartment is located to the first floor within this grand building and briefly comprises of entrance, communal entrance hall, private entrance hall and open plan lounge with breakfast kitchen.
The breakfast Kitchen has a range of units which are further complemented with integrated appliances and tasteful coordinating fixtures and fittings.
To the lounge, there is an arched feature window with aspects over the Land of Green Ginger. A fireplace creates a lovely focal point to the room.
There is also a double bedroom and a bathroom with a modern 3-piece suite with a shower over the bath.
The apartment also has a gas central heating system and is offered with immediate availability, subject to satisfactory references.
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 2, Salop House, Hull City Centre
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