2-bedroom bungalow · HU12 8SQ
Opportunity summary
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About
A RESIDENTIAL INVESTMENT/DEVELOPMENT PROPERTY , offered for sale subject to tenancy and currently producing £6,300 per annum.
This semi-detached bungalow with large rear garden is located in the Holderness village of Preston, with local shops and easy access to the nearby market town of Hedon.
The accommodation briefly comprises entrance hall, lounge, kitchen/diner, verandah and wc to the ground floor and 2 bedrooms and bathroom/wc to the first floor.
In detail the property comprises: - Entrance Hall With uPVC main entrance door, radiator Lounge Approx 4.35m x 3.46m inc bay (14.3 ft x 11.4 ft inc bay).
With uPVC double glazed bay window to front elevation, fireplace surround with fitted gas fire, fitted wall cupboard, radiator Kitchen Approx 2.87m x 2.86m (9.4 ft x 9.4 ft).
With uPVC double glazed window to rear elevation, fitted wall and base storage units with worktops, stainless steel sink unit, plumbing for washer, radiator, door to rear garden Bedroom 1 Approx 4.34m x 3.21m inc bay (14.2 ft x 10.5 ft inc bay).
With uPVC double glazed bay window to front elevation, radiator Bedroom 2 Approx 3.04m x 2.71m (10 ft x 8.9 ft).
With uPVC double glazed window to rear elevation, gas boiler, radiator Bathroom/WC Approx 1.99m x 1.69m (6.5 ft x 5.5 ft).
With uPVC double glazed window to rear elevation, white suite comprising bath with shower attachment over, pedestal wash hand basin and low flush wc, radiator External The property has gardens to the front and rear, with rear vehicular access road.
Services Mains gas, electricity, water and drainage are available.
Council Tax We understand from Internet enquiry that the property is assessed in Band B - The Local Authority is East Riding of Yorkshire Council. EPC Rating D Tenure Freehold.
The property is to be sold subject to the existing Periodic Assured Shorthold Tenancy.
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 26 Manor Road, Preston, Hull, HU12 8SQ
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