Studio flat · HU3 1QR
Listing removedListed 98 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enquiries are welcomed for this well presented 1st floor STUDIO apartment which is arranged over two floors.
The property is conveniently located off Spring Bank and is within walking distance of a host of local amenities, Hull City Centre and major road and rail networks.
The accommodation briefly comprises entrance hall to first floor landing and staircase, fitted bathroom with 3 piece bath suite and mixer tap shower.
Spacious lounge/ bedroom to the 2nd floor with feature velux windows and modern separate kitchen fitted with a range of modern white gloss wall and floor units, integrated cooker and provision for automatic washing machine.
The property benefits from electric heating and double glazing. Council Tax Band: A. EPC Rating: E.
Available after the 25th 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 3, 5 Peel Street, Spring Bank, Hull, HU3 1QR
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