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Flat 1, 34 Morpeth Street, Kingston upon Hull, City of Kingston upon Hull, HU3 1RG - Image 1
Flat 1, 34 Morpeth Street, Kingston upon Hull, City of Kingston upon Hull, HU3 1RG - Image 2
Flat 1, 34 Morpeth Street, Kingston upon Hull, City of Kingston upon Hull, HU3 1RG - Image 3
Flat 1, 34 Morpeth Street, Kingston upon Hull, City of Kingston upon Hull, HU3 1RG - Image 4
Flat 1, 34 Morpeth Street, Kingston upon Hull, City of Kingston upon Hull, HU3 1RG - Image 5

Flat 1, 34 Morpeth Street, Kingston upon Hull, City of Kingston upon Hull, HU3 1RG

Yorkshire

£24,500

Listed on 29/05/2026

Property Details

Bedrooms
1
Type
Flat
Area
436 sqft

Description

This one-bedroom flat presents a compelling opportunity for those looking to invest in a property requiring modernisation. Located on the ground floor in a well-connected area of Kingston upon Hull, the flat is within easy reach of local amenities and excellent transport links to the city centre. The layout includes a spacious living room, kitchen, double bedroom, and bathroom, offering flexibility for creative redesigns. The property is unoccupied and ready for refurbishment, allowing a new owner to customise it according to their tastes and preferences. With the potential for significant value enhancement post-renovation, this flat is an ideal project for first-time buyers or investors eager to make their mark in a promising area. Notably, recent sales in the vicinity indicate a strong market trend, making this an attractive investment opportunity. The flat's leasehold status will revert to a new 990-year lease upon completion, providing long-term security for prospective owners.

Investment Analysis

(HU3 area)

Below Market Value

This property is priced -53.7% below area average per sq ft

-53.7%
Potential saving
This Property
£56/sq ft
Area Average
£121/sq ft
Avg Rent (weekly)
£153
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£58,223
10% above area average per sq ft
Potential ROI
+17.6%
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
26%
Properties sold annually

Local Market Trend (HU3)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -0.5%
5 year growth: +12.0%
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 1, 34 Morpeth Street, Kingston upon Hull, City of Kingston upon Hull, HU3 1RG
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£87
Based on a loan of £18,375 over 30 years at 3.97% 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.

Stamp Duty Calculator

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