1-bedroom flat · HU5 4HW
Listing removedListed 279 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rarely Available – One Bedroom Ground Floor Apartment in a Sought-After Location A fantastic opportunity to purchase a spacious one-bedroom ground floor apartment, offering modern accommodation within an extremely popular residential area overlooking Chanterlands Avenue.
The property is accessed via a secure communal entrance hall. A private entrance door opens into a welcoming hallway providing access to all rooms.
The lounge benefits from a pleasant outlook towards Chanterlands Avenue, creating a light and airy living space, and flows seamlessly into a fitted kitchen with ample space for appliances.
The double bedroom is well proportioned and benefits from fitted furniture. The bathroom is modern and fitted with a full suite, including an enclosed shower, fitted basin units and WC.
To explore the apartment further, please refer to the floor plan and click the link below to take the virtual tour.
LOCATION The property is situated just off Chanterlands Avenue and is ideally positioned for a wide range of local amenities, including shops, public transport links, bars, bistros and restaurants, with Hull city centre also within convenient travelling distance.
TENURE We believe the tenure of this property to be Leasehold (to be confirmed by the vendor-s solicitors).
The property is offered as a 70% share of the open market value and a new 99-year lease will be granted by the Freeholders upon sale.
There is a current service charge for the 2024/25 year of £438.96 per quarter.
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
FAQ
About Ernest Hill Court, Rainhill Road, Hull, HU5
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