1-bedroom flat · HU3 1QW
To rentListed 42 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to market this substantial mid terraced property which has been sympathetically converted into five self contained apartments split over three floors.
The property is conveniently located for access to Hull City centre, St Stephens Shopping Complex and all major road and rail networks.
Flat 2 is located on the ground floor and briefly comprises entrance hall with intercom handset, double bedroom, fitted bathroom/WC with white panelled bath suite and mixer tap shower.
Lounge with open plan kitchen fitted with a range of shaker style floor and wall units including integrated electric oven, 4 ring hob and provision for automatic washing machine.
The property benefits from gas central heating, double glazing and private off street parking. EPC Rating: C.
Council Tax Band A: Available after the 28th September 2026 ***The successful applicant will be required to pay a holding deposit equal to one weeks rent (£114.00 - full details and terms will be provided to the applicant).
The security deposit for the tenancy is £571.00 (equal to five weeks rent). ***
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, 160 Spring Bank, Hull, HU3 1QW
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