Summary -
Flat 204 Tivoli House,South Street,HULL,HU1 3AX
HU1 3AX
1 bed 1 bath Flat
High gross yield with steady long-term tenant.
- One bedroom leasehold apartment, approx. 344 sq ft
- Current gross annual income £7,020 (tenant in situ)
- Guide price £68,000 — gross yield ≈10.3%
- No garden; on-street parking only
- Very high local crime and very deprived area classification
- Mixed-use building; commercial units at street level
- Buyers Premium applies; check service charge and ground rent
- Excellent mobile signal and fast broadband speeds
This one-bedroom leasehold apartment in Hull's South Street is being sold with a long-term tenant in situ, producing a current annual gross income of £7,020. At a guide price of £68,000 the property delivers a strong gross yield (around 10.3%), making it suitable for buyers seeking immediate rental income.
The flat is compact (approximately 344 sq ft) and arranged in a traditional layout with lounge, kitchen, bedroom and bathroom. The building is a mixed-use, mid-rise block in a busy city centre location with good mobile signal and fast broadband — conveniences that support lettability in this cosmopolitan, student-oriented neighbourhood.
Important considerations: the property is leasehold, part of a building with commercial premises at street level, and located in an area classed as very deprived with very high crime levels. There is no private outdoor space and parking is on-street. A Buyers Premium will apply on sale; any service charge or ground rent details should be checked in the legal pack.
Overall, this is a clear buy-to-let opportunity for investors or developers seeking an income-producing asset with immediate returns. The compact size and tenant in place reduce re-letting time, but purchasers should review lease terms, building management costs and local area risks before committing.
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