Gated parking, long lease and open-plan living near excellent links.
Top-floor two-bedroom flat with long 135-year lease
A top-floor, two-bedroom apartment in a purpose-built Georgian-style block beside Pickering Park. The flat offers a generous open-plan lounge/kitchen, gated off-street parking and a long lease of 135 years, making it straightforward to manage as a buy-to-let or affordable purchase.
This sale is by mortgagee in possession and is offered with no onward chain. The property has an EPC rating of C and practical features including good communal grounds and excellent transport links into Hull city centre. At about 684 sq ft the rooms are an average size and the layout benefits from a long entrance hall and built-in storage.
Cosmetic updating is needed in places — carpeting shows wear and some modernisation of finishes would add value. The building and apartment are structurally sound with low flood risk, but the location sits in a more deprived area with average local crime levels, which investors should factor into rental expectations.
Overall this is a competitively priced, long-lease property with clear potential for refurbishment or straightforward rental income. Buyers should note the sale is subject to a public notice and that the tenure is leasehold with a modest ground rent of £150 per year.
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