Summary - 107 GRANGESIDE AVENUE HULL HU6 8LR
2 bed 1 bath Flat
Immediate rental income from a long-term tenant in a well-presented home.
Two-bedroom flat about 679 sq ft with off-street parking
A compact two-bedroom flat in HU6 currently produces reliable rental income and presents a straightforward addition to an investor portfolio. The property extends to about 679 sq ft, has off-street parking and modern, well-presented interiors that have been maintained by a long-term tenant. Broadband speeds are reported as fast, supporting rental appeal for professionals or working tenants.
The flat is offered leasehold with 967 years remaining. It is currently let to the same tenant for eight years, generating a gross annual income of £6,800. These factors give immediate cashflow potential, while the long lease length limits short-term lease-related complexity. Flood risk is low and the block is described as including the freehold—this and all tenure/ownership details should be independently verified before purchase.
Important negatives are straightforward: the property sits in a very deprived area with above-average crime statistics, and the wider neighbourhood is classed as hampered/hard-pressed. Annual service charge is shown as £1,000 (unclear what it covers) and ground rent is £25. Prospective buyers should factor local market resilience and management costs into yield calculations and carry out due diligence on tenancy terms, service-charge liabilities and the freehold claim.
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