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Inglemire Lane, Hull HU6

Yorkshire

£335,000

Listed on 09/06/2026

Property Details

Bedrooms
6
Type
Block Of Flats

Description

This property presents a promising investment opportunity with two blocks of flats, each featuring three units converted from a semi-detached house format. Each flat is designed with its own private entrance and offers one bedroom, gas central heating, and UPVC double glazing. With the potential to generate monthly rental income in the range of £2,200 to £2,550, this asset could significantly enhance your portfolio. Currently, three out of the six flats are occupied by tenants, providing immediate cash flow. While some refurbishment is needed to unlock its full potential, the required updates are manageable and not overly extensive. The property benefits from shared side access and rear parking, all situated conveniently near a university campus along with local amenities in Cottingham and North Hull. Each flat maintains separate utilities for gas, electricity, and water and carries an EPC rating of C, ensuring energy efficiency. This freehold property is classified under Council Tax Band A.

Investment Analysis

(HU6 area)
Area Average
£164/sq ft
Avg Rent (weekly)
£181
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (HU6)

Area prices are rising by +4.3% over the last 12 months
3 year growth: +0.1%
5 year growth: +21.7%
Investment Disclaimer: Analysis based on HU6 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

Inglemire Lane, Hull HU6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,266
Based on a loan of £251,250 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.

Stamp Duty Calculator

Price History

-15.3% since listed
£335,000£15,000(-4.3%)
09/06/2026
Current price
£350,000£25,000(-6.7%)
17/02/2026
£375,000£20,500(-5.2%)
02/02/2026
£395,500Initial listing
09/12/2025

Next Steps

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