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N-426110 - Tower Ballroom, 54 Anlaby Road, Hull HU1 2PD - Image 1
N-426110 - Tower Ballroom, 54 Anlaby Road, Hull HU1 2PD - Image 2
N-426110 - Tower Ballroom, 54 Anlaby Road, Hull HU1 2PD - Image 3
N-426110 - Tower Ballroom, 54 Anlaby Road, Hull HU1 2PD - Image 4

N-426110 - Tower Ballroom, 54 Anlaby Road, Hull HU1 2PD

Yorkshire

£545,000
Listed on 16/02/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This striking former Edwardian cinema, constructed in 1914, presents a unique opportunity for renovation and investment. Designed by architect H. Percival Bings, the building features an intricately detailed façade adorned with faience tiles and crowned with distinctive mosaic onion domes, showcasing the architectural grandeur of its era. Originally one of the most notable cinemas of its time, this venue transitioned to a club in 1983 after closing its doors as a cinema in 1978. A significant refurbishment costing £1.2 million was completed in 2013, revitalizing the space and bringing it back into licensed use from a state of dereliction. While the property is currently closed, its historical significance and unique design provide immense potential for transformation. The surrounding area benefits from a vibrant community and increasing interest in mixed-use developments, making this an ideal candidate for investors looking to create something remarkable that honors its heritage while serving contemporary needs.

Investment Analysis

(HU1 area)
Area Average
£217/sq ft
Avg Rent (weekly)
£165
Avg Yield
7.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£250,000 - £500,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (HU1)

Area prices are falling by +11.9% over the last 12 months
3 year growth: -22.0%
5 year growth: 3.1%
Investment Disclaimer: Analysis based on HU1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

N-426110 - Tower Ballroom, 54 Anlaby Road, Hull HU1 2PD
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,996
Based on a loan of £408,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE