Haller Evans says ..

Property Oracle says ..

This property listing presents a large, impressive building located near the University of Hull. The exterior is in a generally good condition, with a large and well maintained garden. The proximity to the university suggests potential for strong rental income, targeting students. However, crucial information is missing; specifically, the number of individual units within the building (apartments or flats), the size of each unit, and the current rental income are all essential details absent from this listing. Without knowing the number of units and their respective sizes, determining value per square foot is not possible, making a fair assessment of the £1,000,000 asking price challenging. While the location near a major university is a plus, the property’s potential return on investment is unclear without a more detailed breakdown of its individual units and their rental prospects. In summary, the building shows promise as an investment opportunity, but the lack of specifics regarding the individual units significantly hampers a comprehensive valuation and ROI analysis. Prospective buyers/investors need to request detailed information regarding unit numbers, their sizes, and current/potential rental incomes before making any decisions.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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