1-bedroom flat · HU18 1PA
Listing removedListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Part of a meticulous historic library conversion, The Austin offers a versatile two-bedroom layout and premium finish, providing a high-quality "lock up and leave" lifestyle with private parking in the vibrant heart of Hornsea.
The Austin offers a versatile first-floor living space tailored to your needs, whether you require two spacious bedrooms or a one-bedroom layout with a dedicated study.
Perfectly positioned overlooking the corner of Newbegin and Cinema Street, this apartment is part of an extensive and meticulous conversion of the town’s historic old library building.
Every detail has been crafted by a highly regarded local developer, renowned for their commitment to quality and a deep-seated priority for customer care and satisfaction.
This property represents a superb investment opportunity or the perfect "lock up and leave" second home.
Its premium finish and historic character ensure long-term appeal for those seeking a unique, low-maintenance residence with the added benefit of private parking and cycle store in a prime central location.
Living here places you at the centre of Hornsea’s bustling lifestyle, with independent shops, essential services, and a variety of cafes and bars just a few steps away.
This prime position also offers excellent leisure access; you can enjoy a stroll along the beach and promenade within minutes, or explore the expansive 28-acre green spaces of the neighbouring Hall Garth Park.
Location The apartment is located on the first floor of the newly converted Old Library.
Ideally positioned on the Western end of Newbegin, Hornsea's main high street, the apartment lies close to a wide range of shops and services in this self contained and highly regarded seaside town.
The expansive Hall Garth Park lies adjacent and the property is only seven minutes walk from the seafront.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About The Austen, Chapter House, Hornsea
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