Summary -
Flat 604,George House,67-73 George Street,KINGSTON UPON HULL,HU1 3BB
HU1 3BB
2 bed 1 bath Flat
Long-term let producing reliable income in Hull city centre.
Two double bedrooms within a 603 sq ft inner-city flat
Currently let to long-term tenants generating £11,400 pa rent
Approximate gross yield c. 8.1% based on asking price
Leasehold tenure — check lease length and service charges
Small overall internal size; compact room proportions likely
Very slow broadband could limit some tenants' appeal
Located in a very deprived area with high local crime rates
Buyers Premium payable on purchase — additional buyer cost
This two-bedroom flat on George Street is presented primarily as an investment opportunity in central Hull. The property is leasehold, currently let to long-term tenants who consistently pay rent, producing a reported annual gross income of £11,400 — roughly an 8.1% gross yield at the asking price of £140,000. The apartment sits in a mixed-use, multi-storey block close to city amenities and transport links, making it straightforward to re-let or retain in a buy-to-let portfolio.
Accommodation is described as well kept, with an expansive lounge, a fully equipped kitchen with dining area, two large bedrooms and a three-piece bathroom. The overall internal area is small (approximately 603 sq ft), so expect compact room proportions typical of inner‑city flats; there is no private outdoor amenity. The building style is modern/brutalist red brick with a commercial entrance at street level.
Buyers should note material points: the property is leasehold, located in a very deprived area with high local crime statistics and very slow broadband speeds. These factors can affect tenant profiles, management needs and resale pricing. A Buyers Premium will apply to secure purchase, and further investment in cosmetic updating or broadband/communal improvements may be required to maximise future rental value.
For an investor seeking immediate rental income from a city‑centre unit, this flat offers stable cashflow with clear scope for yield improvement through active management or light refurbishment. Prospective purchasers should review the Let Property Pack and tenancy paperwork, verify lease terms and service charges, and factor in potential refurbishment or management costs before committing.
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