City Exchange, Lowgate, Hull, HU1 1AA
BE

City Exchange, Lowgate, Hull, HU1 1AA

By Beercocks

£ 65,000

Reviews

2 out of 5 stars

Beercocks says ..

FIXED PRICE £65,000- *INCENTIVE OFFERED CALL THE OFFICE FOR FURTHER Details* Explore the charm of City Exchange – a cosy one-bedroom retreat on Alfred Gelder Street, blending history and modern living. Step into the comfort of City Exchange’s second-floor apartment.

Property Oracle says ..

This one-bedroom apartment located within City Exchange, Hull, presents a mixed picture. Its central location in Hull’s city centre is a significant advantage, placing it conveniently close to transportation, educational establishments such as Hull College and Hull Trinity House Academy, and various amenities. The proximity to Hull train station improves accessibility. However, the provided photographs reveal a property in need of significant cleaning and tidying. The images showcase clutter and disarray throughout, creating an impression of a property that requires some work to enhance presentation and livability. The apartment appears functional, with a bathroom and kitchen shown. The overall condition is fair but below what would be expected for a move in ready property. Further detailed inspection is required to assess the true state of repair and identify any underlying maintenance needs. Comparatively, the list price of £65,000 sits at the lower end of the range of nearby listed properties, although average prices per sq ft are not consistently available for comparison. This suggests that potential buyers may see it as reasonably priced, but it is critical to understand that potential costs for improvements and cleaning need to be considered. Ultimately, this property presents an opportunity for an individual or investor willing to undertake some level of preparation to enhance the apartment’s condition and potentially increase its value. The property would likely appeal to first time buyers or investors who are comfortable with undertaking improvements. The lack of garden is a noteworthy point, suitable for someone who doesn’t require exterior space. More information is required to make a more definitive assessment of the property’s value.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
900.62

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
57,866.00 £
Decreased by 59.73 %
from 143,712.00 £
Est sale value
87,360.14 £
Decreased by 43.93 %
from 155,807.26 £
Average area rental value
750.00 £/mo
Decreased by 8.98 %
from 824.00 £/mo
Est letting value
900.62 £/mo
from 0.00 £/mo
Est rental Yield
15.55 %
Increased by 126.02 %
from 6.88 %
Crime Rate
18.00 %
Unchanged by 0.00 %
from 18.00 %

Agent Activity

  • Beercocks created the listing.

Nearby Schools

NameTypeOfstedDistance
Hull CollegeFurther EducationRequires improvement0.27 KM
Hull Trinity House AcademyAcademy ConverterGood0.44 KM
Ron Dearing UtcUniversity Technical CollegeOutstanding0.65 KM
Victoria Dock Primary SchoolAcademy Converter0.90 KM
Tlg HullOther Independent School0.92 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Hanover Square £ 000.00 KM
Trinity Square £ 000.00 KM
Salthouse Lane £ 000.00 KM
Vicar Lane £ 000.00 KM
King Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Hull8126HUL1.43 KM
New Holland6209NHL5.60 KM
Goxhill6206GOX7.53 KM
Barrow Haven6212BAV8.45 KM
Cottingham8056CGM9.15 KM

Nearby Listings

AddressPriceTypeScoreDistance
City Exchange, Lowgate, Hull, HU1 1AA £ 65,000BUY4 / 100.00 KM
19 City Exchange, Lowgate, Hull HU1 1AA £ 2,000BUYUnknown0.01 KM
28 City Exchange, Lowgate, Hull, HU1 1AA £ 107,750BUY6 / 100.02 KM
City Exchange, Lowgate, Hull, HU1 1AA £ 95,000BUY5 / 100.09 KM
City Exchange, Lowgate, Hull, HU1 1AA £ 70,000BUYUnknown0.11 KM

Nearby Properties

AddressPriceDistance
Samman House £ 90,0000.16 KM
62a George Street £ 100,0000.49 KM
70a George Street £ 155,0000.49 KM
66a George Street £ 100,0000.49 KM
33 Sykes Street £ 35,0000.58 KM