2-bedroom flat · HU2 8AZ
Sold STCReduced £5k (−5.9%) on 11 SepListed 70 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sykes Street, Hull, Hu2 8Az - Inviting Offers Between £80,000 - £90,000 Inviting offers between £80,000 - £90,000 full walk-through video!
This property is Contract Ready, the legal work has already started, saving time, reducing risk, and helping your move go smoothly. See below for details.
Owner’s Thoughts “We’ve loved having our own private entrance and the bright, open feel throughout the apartment.
The loft has been a brilliant space for hobbies, and being able to walk into the Old Town has always been a real bonus.” What We Love “This apartment offers something a little different with its private entrance and versatile boarded loft.
The bright interior, sleek kitchen and bathroom, and outlook over the communal green space all add to its appeal in this convenient location.” The Rest Of The Story This tastefully renovated first floor apartment is accessed via its own private entrance hallway and offers bright, low maintenance living throughout.
It will appeal to first time buyers, young professionals and investors alike. The open plan living area is filled with natural light and features oak flooring throughout.
The sleek contemporary kitchen is fitted with integrated appliances and a breakfast bar, creating a practical and sociable space.
Windows to the front overlook the attractive communal green space, providing a pleasant outlook.
The bedroom includes built in wardrobe rails within the alcoves, making good use of the available space.
The modern bathroom is fitted with a double width walk in shower complete with a rainfall shower head.
A real bonus is the boarded loft with electricity, providing a useful space for hobbies or additional storage. Outside, residents can enjoy the communal gardens, while permit parking is available.
The apartment is also within a short distance of Hull’s historic Old Town, offering easy access to its shops, restaurants and attractions.
Parking: Permit parking is available with a payment of £20 Hull City Council Tenure The property is leasehold Ground Rent: N/A Ground Rent Review Period (no.
Of years/months): N/A Annual Service Charge: £570 Annual Ground Rent Increase (%): N/A Length of Lease (Number of yrs remaining): 13/11/2148 Council Tax Council Tax is payable to the Kingston Upon Hull City Council.
From verbal enquiries we are advised that the property is shown in the Council Tax Property Bandings List in Valuation Band A.
Fixtures & Fittings Certain fixtures and fittings may be purchased with the property but may be subject to separate negotiation as to price.
Disclaimer *The agent has not had sight of confirmation documents and therefore the buyer is advised to obtain verification from their solicitor or surveyor.
Viewings Strictly by appointment with the sole agents.
Mortgages We will be pleased to offer expert advice regarding a mortgage for this property, details of which are available from our Newland office.
Your home is at risk if you do not keep up with repayments on a mortgage or other loan secured on it. Valuation/Market Appraisal: Thinking of selling or struggling to sell your house?
More people choose Beercocks in this region than any other agent. Book your free valuation now!
Important Buyer Information: To progress your offer, we are legally required to verify your identity, confirm your source of funds, and assess affordability. This process incurs a fee of £50 (inc.
VAT) for sole buyers, or £100 (inc. VAT) for joint buyers, regardless of the number of individuals involved.
What Contract Ready Means for You - the Buyer When a seller is Contract Ready, it means all the key legal documents are prepared before a sale is agreed, so everything’s ready to go as soon as the offer is accepted, with no cost to you.
This includes: • Proof of ownership and authority to sell • Seller’s Property Information Forms (TA6, TA10) • Draft contract of sale Your solicitor usually receives the full legal pack within 48 hours, so they can get to work immediately.
How this helps you: • Reduces the number of enquiries going back and forth • Smoother and potentially quicker sale • Lowers the risk of the sale falling through
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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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 advisors 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.
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FAQ
About 55 Sykes Street, Hull, East Riding of Yorkshire
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