Modern Method of Auction
Auction date not yet published
2-bedroom flat · HU5 3DH
For saleListed 267 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £120,000 - £130,000 plus Reservation Fee Description Located just off the ever-popular Ella Street, bordering the sought-after Avenues area of Hull, this recently upgraded modern first-floor flat offers stylish, low-maintenance living in a highly convenient location.
Set within a quiet cul-de-sac on the modern Sanderson Close development, the property now benefits from a modern open-plan kitchen/living space, creating a bright and contemporary layout ideal for today’s lifestyles.
The accommodation further comprises two good-sized bedrooms and a recently upgraded contemporary bathroom, finished to a modern standard.
Externally, the property enjoys the benefit of off-street parking and a peaceful position away from passing traffic.
The location is a real highlight, situated just off Newland Avenue, offering an excellent choice of independent cafés, bars, shops and restaurants, all within easy reach of Hull University.
The property is currently let with a tenant in situ, generating an approximate rental income of £600 pcm, making it an attractive turnkey investment opportunity.
Alternatively, the property can be purchased with vacant possession, offering flexibility for owner-occupiers or investors.
Key Features Modern first-floor flat Recently upgraded open-plan kitchen/living area Contemporary bathroom Two good-sized bedrooms Quiet cul-de-sac position on Sanderson Close Off-street parking Located off Ella Street, bordering the Avenues area Close to Newland Avenue amenities and Hull University Tenant in situ generating approx.
£600 pcm Can be purchased with tenant in situ or vacant possession Reservation Fee Applicable – T&c’s Apply Book Your Viewing Today!
Fees, Exclusivity & Disclaimer Reservation Fee: Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 2% of the purchase price (minimum £2,500 + VAT).
This fee is payable in addition to the purchase price. Once paid, the property will be immediately taken off the market, preventing gazumping, reducing delays, and providing peace of mind.
Refund Policy: The Reservation Fee may be refunded only in specific circumstances, such as: The seller withdrawing from the sale A chain collapsing beyond the Buyer’s control Significant structural issues confirmed by a qualified structural survey For full details of refund eligibility, please contact our office.
Exclusivity: Upon payment of the Reservation Fee, rezee grants the Buyer a fixed exclusivity period of 90 days from the issue of draft contracts.
During this time, the property is reserved exclusively for the Buyer.
Buying Process: Register your interest Prepare your finances Arrange a viewing Make an offer Secure the sale via our secure system Exchange and complete Important Information & Disclaimer: A Ready Sale Pack containing detailed property information is available.
Buyers are advised to review this pack and undertake their own due diligence before committing to purchase. Buyers must verify their id and provide proof of funds as part of our compliance process.
rezee may offer related services (including conveyancing, financial advice, and surveying) and may receive referral fees from third-party providers.
While every effort is made to ensure the accuracy of sales particulars, they do not form part of any offer or contract and should not be relied upon as statements of fact.
Stamp Duty (sdlt): Not all property purchases are subject to sdlt. Liability depends on factors such as purchase price and buyer circumstances.
Buyers should seek advice from a solicitor or tax adviser to confirm whether sdlt applies.
rezee’s Approach: Our innovative selling process provides a secure and transparent way to buy property, designed to protect all parties and reduce the risks of failed sales.
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 advisers 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
FAQ
About 23,Flat 3, Sanderson Close, Hull
Explore nearby