Summary -
Flat 603,George House,67-73 George Street,KINGSTON UPON HULL,HU1 3BB
HU1 3BB
1 bed 1 bath Flat
Ready-let one-bedroom producing immediate rental income; ideal for buy-to-let portfolios..
- One double bedroom with compact lounge and three-piece bathroom
- Current gross annual income £9,540 (tenant in situ)
- Leasehold tenure; buyer's premium applies to secure purchase
- Small internal size ~388 sq ft; no private outdoor space
- Very slow local broadband speeds
- Area records high crime and high deprivation levels
- Prominent city-centre street frontage; mixed-use red-brick building
- Suitable for refurbishment to increase rental value
A compact one-bedroom leasehold apartment on George Street, offered with a sitting tenant and immediate rental income. The property is set within a mixed-use red-brick building on a prominent city-centre street, making it straightforward to manage within a buy-to-let portfolio. The current gross annual income is £9,540, producing a clear yield at the listed price; tenancy has been consistent and the occupier intends to remain.
The accommodation is small but well presented internally: a well-equipped kitchen, compact lounge, double bedroom and a three-piece bathroom. There is no private outdoor space and the flat totals about 388 sq ft, so expectations should be aligned to inner-city, apartment living rather than family accommodation. Broadband speeds in the immediate area are very slow and the neighbourhood records higher-than-average crime statistics — both practical considerations for future lettings and insurance.
Tenure is leasehold; the listing notes a buyer’s premium will apply to secure the sale — factor this into purchase costs. The building fronts directly onto the pavement with no garden and limited external amenity. The unit suits investors or developers looking for an income-producing city unit with potential to refurbish and increase rent, but not buyers seeking lots of space, fast internet, or a low-crime suburban environment.
Before exchange, obtain the Let Property Pack, recent EPC, full lease details (length, ground rent, service charges), and internal floorplans. These documents are essential to confirm net yield, refurbishment scope, and any restrictive covenants affecting future changes.
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