Land · HU2 8DL
For saleListed 262 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to acquire a fully Let residential investment block, comprising seven flats and a garage and car park. Located on Egginton Street close to Hull City Centre and its associated amenities.
The property comprises a traditionally brick built property under a multi pitched roof covered in slate and concrete tiles.
The property has been converted to provide seven self-contained flats and a separate garage.
DEVELOPMENT SITE / CAR PARK Plans have been prepared to show 6 apartments to be erected on land currently utilised as a car park.
ACCOMMODATION Flat 1 2 bed EPC Rating C Flat 2 1 bed EPC Rating C Flat 3 1 bed EPC Rating C Flat 4 2 bed EPC Rating D Flat 5 1 bed EPC Rating D (Expired) Flat 6 2 bed EPC Rating D (Expired) Flat 7 1 bed EPC Rating D Separate Garage Total income £53,880 per annum gross from March 2026.
All the flats are let on Assured Shorthold Tenancies. SERVICES We are advised that each flat is separately metered.
PRICE Available For Sale at a guide price of £925,000 LEGAL COSTS Each party will be responsible for their own legal costs incurred together with any Stamp Duty Land Tax that may be payable.
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.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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 Residential Investment - Theatre Mews, Egginton Street, Hull, HU2 8DL
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