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See how verdicts work1-bedroom flat · DN14 7SL
For saleListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom ground floor apartment, situated within Hailgate House, a grade II Listed building in the centre of Howden, close to all amenities.
The apartment has the benefit of gas central heating and comprises open plan kitchen/living area with fitted appliances, one bedroom and a bathroom. Outside there is a communal parking area.
The property is being sold with the tenant in situ. Leasehold. Ideal for an investor.
Description The apartment has the benefit of gas central heating and comprises; Open Plan Living/Kitchen Entrance directly into open plan living/kitchen area.
Range of fitted base and wall units finished in laminate with laminated worktops and tiled work surrounds.
The units incorporate a stainless steel sink, integrated fridge and freezer and a four ring gas hob with built under oven and an extractor fan above. Plumbing for a washing machine. Breakfast bar.
Timber effect laminate floor. Inset ceiling lights. Two central heating radiators. Wall mounted gas boiler. Bedroom One central heating radiator.
Bathroom White suite comprising a panelled bath with shower over, pedestal wash hand basin and a low flush w.c. Ceramic tiled floor. Chrome heated towel rail. Extractor fan.
Leasehold & Tenancy Information There are 104 years remaining on the lease, the ground rent is £524 pa and service charge £2246.00 pa.
There is currently an asbestos Charge, however the vendor has confirmed that they will clear this on completion of the sale, so no charge should be carried over to the new purchaser.
This property is currently tenanted on an Assured Shorthold Tenancy, start date 15/11/2025 and current rental amount £560PCM. The property is being sold with the tenant in situ.
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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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 Apartment 2, Hailgate House, Hailgate, Howden
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