1-bedroom flat · HU6 8QQ
Listing removedListed 792 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
****Guide Price £80,000 - £85,000 plus reservation fee**** # Modern First-Floor Apartment with Private Entrance and Garden - Ideal for Downsizers, First-Time Buyers, or Investors This modern first-floor apartment offers a unique blend of convenience and comfort, featuring its own private entrance and garden, making it perfect for anyone looking to downsize, purchase their first home, or invest in a property with immediate rental income.
With a tenant currently in situ and an estimated rental yield of £500 to £550 pcm, this property is a fantastic opportunity for investors.
**Key Features:** - **Private Entrance**: Enjoy the privacy and convenience of your own entrance. - **Private Garden**: A rare find for an apartment, perfect for outdoor relaxation and gardening.
- **Allocated off street Parking space**: Convenient parking with allocated space. - **Generous Double Bedroom**: Comfortable and roomy, ideal for a restful retreat.
- **Bathroom with Three-Piece Suite**: Stylish and functional, offering all the essentials. - **No Chain & Vacant Possession**: Hassle-free purchase with immediate availability.
- **Prime Location**: Situated close to Hull University and a range of surrounding amenities, with easy access to Cottingham.
- **Ideal for Various Buyers**: Perfect for downsizers, first-time buyers, or investors seeking a ready-made rental opportunity.
This property is an excellent choice for those seeking a low-maintenance, modern home in a convenient location.
Whether you're looking to invest, downsize, or take your first step onto the property ladder, this apartment offers everything you need.
Contact us today to arrange a viewing and secure this fantastic opportunity!
**Fees, Exclusivity, and Disclaimer:** **Fees:** **Reservation Fee:** Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 2% to a minimum of £2500 plus VAT.
The Reservation Fee is paid on top of the purchase price.
This reservation fee ensures that the property is taken off the market as soon as a sale is agreed, eliminating gazumping, time wasting, and financial loss.
The Reservation Fee can be refunded under certain circumstances; i.e the seller deciding to pull out, a chain collapsing or structural issues verified by a structural survey.
For more information on what would qualify for a refund then please speak to the office **Exclusivity:** Following the payment of the reservation fee, rezee will facilitate a fixed exclusivity period of 90 days from draft contracts being issued.
During this time the property will be reserved, so there will be no risk of gazumping. **Process:** Our process: 1. Register your interest 2. Prepare your finances for the purchase 3.
Arrange a viewing 4. Make an offer 5. Secure your sale using our secure system 6.
Exchange and complete **Disclaimer:** The property has a Ready Sale Pack, which gives additional information regarding the property.
It is the Buyer’s responsibility to request & examine the Ready Sale Pack before committing to purchase the property. We advise you also carry out your own due diligence prior to making an offer.
The Buyer is required to verify their id & show proof of funds.
rezee offers additional services, such as conveyancing, financial advice, surveying & other services associated with selling & buying a property.
rezee may receive a referral fee for these third-party services.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Stamp Duty, It's important for buyers to understand that not all property purchases incur Stamp Duty Land Tax (sdlt).
Certain exemptions and thresholds exist, which may mean that some buyers won't have to pay sdlt at all.
However, the specifics can vary based on several factors such as the purchase price, the buyer's circumstances and seller’s circumstances.
To determine whether sdlt applies to their purchase and to understand the amount they may be required to pay, buyers are encouraged to seek advice from a solicitor.
rezee innovative way of selling is a secure and straightforward way to buy property.
Please note: To ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.
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
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 59, Hainsworth Park, Hull
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