Summary - FLAT 410, TIVOLI HOUSE, SOUTH STREET HU1 3AX
1 bed 1 bath Apartment
**Standout Features:**
- Modern one-bedroom apartment in Hull's City Centre
- Open-plan kitchen-living area with stylish design
- Currently rented, generating £625/month
- Leasehold with 243 years remaining
- Low council tax band (A) and affordable ground rent (£300/year)
- Excellent mobile signal for connectivity
**Potential Concerns:**
- High crime rate in the area
- Basic amenities nearby but limited broadband speed
- Service charge of £1,023/year may affect profits for investors
Nestled in the vibrant Tivoli House, this modern one-bedroom apartment offers a unique opportunity for investors. With a steady monthly rental income of £625 from an existing tenant, the property is ideally situated in the hustle and bustle of Hull's City Centre—an entertainment hub filled with shops, restaurants, and nightlife.
The thoughtfully designed open-plan living area is perfect for contemporary city living, featuring a modern kitchen that maximizes space without compromising style. The spacious double bedroom and stylish shower room add to the apartment's appeal, providing comfortable living for tenants or potential owners.
However, it's important for buyers to note the high crime rate in the area and consider the impact of the annual service charge of £1,023 within the overall investment strategy. Despite these factors, the property’s leasehold status, coupled with the remaining 243 years on the lease, provides a favorable outlook for long-term value. Act quickly—opportunities in this sought-after part of Hull won’t last long!
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