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Flat 9, 3-4 Morpeth Street, Hull, North Humberside, HU3 1RG - Image 1
Flat 9, 3-4 Morpeth Street, Hull, North Humberside, HU3 1RG - Image 2
Flat 9, 3-4 Morpeth Street, Hull, North Humberside, HU3 1RG - Image 3
Flat 9, 3-4 Morpeth Street, Hull, North Humberside, HU3 1RG - Image 4
Flat 9, 3-4 Morpeth Street, Hull, North Humberside, HU3 1RG - Image 5

Flat 9, 3-4 Morpeth Street, Hull, North Humberside, HU3 1RG

Yorkshire

£29,500
Listed on 02/04/2026

Property Details

Bedrooms
1
Type
Flat
Area
610 sqft

Description

This one-bedroom flat, positioned on the upper floor within a strategically located building, presents a valuable opportunity for first-time buyers and investors alike. With ample living space, including a generous living area, kitchen, bedroom, and bathroom, the property provides an excellent foundation for refurbishment and modernization. Situated conveniently near Kingston upon Hull city centre, the flat offers easy access to a variety of local amenities such as shops, schools, and public transport links. The current layout allows for creative enhancements that can tailor the space to individual tastes and preferences. This property stands out as an appealing investment prospect or a project for those eager to transform it into a contemporary home. With its substantial potential for improvement, any updates can significantly increase the overall value in this thriving city known for its expanding arts scene and cultural heritage.

Investment Analysis

(HU3 area)

Below Market Value

This property is priced -60.3% below area average per sq ft

-60.3%
Potential saving
This Property
£48/sq ft
Area Average
£122/sq ft
Avg Rent (weekly)
£152
Avg Yield
6.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£81,661
10% above area average per sq ft
Potential ROI
+49.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (HU3)

Area prices are falling by -2.6% over the last 12 months
3 year growth: -0.1%
5 year growth: +10.8%
Investment Disclaimer: Analysis based on HU3 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

Flat 9, 3-4 Morpeth Street, Hull, North Humberside, HU3 1RG
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£104
Based on a loan of £22,125 over 30 years at 3.91% 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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