4-bedroom flat · HU3 2UD
Sold STCReduced £10k (−7.1%) on 3 JulListed 197 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £140,000 - £150,000 plus Reservation Fee This excellent investment opportunity comprises two self-contained flats, currently let and generating a combined rental income of £1,300 pcm (£15,600 per annum), offering an immediate and reliable return for any investor looking to expand their portfolio.
The property is arranged as a spacious two-bedroom ground floor flat alongside a well-proportioned one-bedroom flat, both providing comfortable living accommodation and appealing layouts for tenants.
Each unit benefits from its own facilities, making them attractive rental options in a consistently strong letting area.
Situated on The Boulevard, the property enjoys a highly convenient location within easy reach of the mkm Stadium and Hull Royal Infirmary, as well as a wide range of local shops, amenities, and transport links.
This prime positioning ensures continued demand from tenants, particularly professionals and those working within the local area.
Offered to the market as a ready-made investment with tenants in situ, this is a fantastic opportunity to secure a fully income-generating asset from day one.
Key Features: Two self-contained flats Generating £1,300 pcm (£15,600 per annum) One two-bedroom flat & one one-bedroom flat Tenants in situ – ready-made investment Popular and convenient location Close to mkm Stadium & Hull Royal Infirmary Strong rental demand area Ideal addition to any property portfolio Reservation Fee Applicable – T&c’s Apply Book Your Viewing Today!
Fees, Exclusivity & Disclaimer Reservation Fee: Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 2% of the purchase price (minimum £2,500 + VAT).
This fee is in addition to the purchase price. Once paid, the property will be immediately taken off the market, preventing gazumping, reducing delays, and providing peace of mind.
Refund Policy: The Reservation Fee may be refunded only in specific circumstances, such as: The seller withdrawing from the sale A chain collapsing beyond the Buyer’s control Significant structural issues confirmed by a qualified structural survey For full details of refund eligibility, please contact our office.
Exclusivity: Upon payment of the Reservation Fee, rezee grants the Buyer a fixed exclusivity period of 90 days from the issue of draft contracts.
During this time, the property is reserved exclusively for the Buyer.
Buying Process: Register your interest Prepare your finances Arrange a viewing Make an offer Secure the sale via our secure system Exchange and complete Important Information & Disclaimer: A Ready Sale Pack containing detailed property information is available.
Buyers are advised to review this pack and undertake their own due diligence before committing to purchase. Buyers must verify their id and provide proof of funds as part of our compliance process.
rezee may offer related services (conveyancing, financial advice, surveying, etc.) and may receive referral fees from third-party providers.
While we take care to ensure sales particulars are accurate, they do not form part of any offer or contract and should not be relied upon as statements of fact.
Stamp Duty (sdlt): Not all property purchases are subject to sdlt. Liability depends on factors such as purchase price and buyers position.
Buyers should seek advice from a solicitor or tax adviser to confirm whether sdlt applies to their purchase and how much they would have to pay.
rezee’s Approach: Our innovative selling process provides a secure and transparent way to buy property, designed to protect all parties and reduce the risks of failed sales.
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 101,Flat 2, Boulevard, Hull
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