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Flat 2, 34 Morpeth Street, Springbank, Hull, East Yorkshire, HU3 1RG - Image 1
Flat 2, 34 Morpeth Street, Springbank, Hull, East Yorkshire, HU3 1RG - Image 2
Flat 2, 34 Morpeth Street, Springbank, Hull, East Yorkshire, HU3 1RG - Image 3

Flat 2, 34 Morpeth Street, Springbank, Hull, East Yorkshire, HU3 1RG

Yorkshire

£40,000

Listed on 13/09/2026

The listing

Property details

Bedrooms
2
Type
Flat

Description

This two-bedroom flat offers a promising opportunity for renovation in a well-connected area of Hull. Situated on the first and second floors, the property is currently vacant and requires some modernisation to unlock its full potential. The layout includes an entrance hallway, a reception room, a kitchen, and a bathroom/WC on the first floor, with the bedroom located on the second floor. Its location provides easy access to local amenities on Anlaby Road and further options in Hull City Centre, approximately 2.1 miles away. Ideal for investors or first-time buyers looking to create their ideal living space, this flat is well-positioned for transport links and community facilities.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

51out of 100
Grade DWeak opportunity

Confidence: LOW

This two-bedroom flat in Hull presents a modest opportunity for those looking to invest in a renovation project. The asking price of £40,000 stands out as competitive compared to the local average of £121,935, making it an attractive entry point in a market where properties typically command higher prices. While the property is in need of modernisation, with general wear and tear evident throughout, this offers a canvas for prospective buyers to create a space tailored to their tastes.

The flat's location near local amenities and transport links adds further appeal, making it a practical choice for buyers seeking convenience. The renovation range of £40,000 to £80,000 suggests a light to typical project scale, allowing for flexibility in how extensive the updates can be. Overall, this listing holds potential for value addition through thoughtful improvements, especially given the reasonable entry price in relation to the local market.

Key opportunities

  • Competitive asking price compared to local averages.
  • Potential to modernise and enhance the living space.
  • Good location near local amenities and transport links.

Key risks

None recorded.

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Map

Location

Flat 2, 34 Morpeth Street, Springbank, Hull, East Yorkshire, HU3 1RG
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£151
Based on a loan of £30,000 over 30 years at 4.45% 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

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