Immediate rental income with strong transport links for buy-to-let buyers.
One-bedroom apartment, approx. 383 sq ft, compact open-plan layout
A compact one-bedroom apartment in Hull city centre offered to investors via the Modern Method of Auction. The property is currently tenanted until 31/01/2026 at £650 pcm, providing immediate rental income and straightforward management for a buy-to-let purchaser.
The flat sits in the K2 mixed-use development close to St Stephen’s Shopping Centre and an 8-minute walk from Hull Paragon Interchange, giving strong access to transport links and city-centre amenities. Accommodation is open-plan with a modern fitted kitchen, shower room, and a bedroom; overall footprint is small (circa 383 sq ft) so expect accommodation suited to singles or short-term renters.
Material details and costs are clear: leasehold tenure, EPC rating E, and electric room heaters rather than central heating. Broadband speeds are very slow in the area and the building is in a high-crime, very deprived neighbourhood — factors that can affect tenant demand and rental growth. The property is double glazed (post-2002) and constructed 1950–1966 with cavity walls (no added insulation assumed).
Important auction terms apply: sale via Modern Method of Auction, a non-refundable Reservation Fee of 4.5% (minimum £6,600) is payable by the buyer in addition to the purchase price, and a Buyer Information Pack fee of £349 (inc. VAT) is charged. Prospective bidders should check mortgage suitability and review the buyer pack before bidding. This unit suits investors seeking an entry-price city-centre let with immediate income but who accept the area’s limitations and the additional auction costs.
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