Summary - Flat 101 Tivoli House, South Street, HULL HU1 3AX
1 bed 1 bath Flat
Ready-made rental income with modern finish and long lease.
Tenants in situ paying £600 pcm, stated gross yield ~9%
Small, compact footprint — typical city-centre one-bedroom
Leasehold with 245 years remaining
Service charge £600 per year; ground rent £300 per year
Very high local crime rate — impacts tenant profile and management
Very slow broadband speeds locally; excellent mobile signal
No private garden; communal building with street-facing windows
Low flood risk; modern fitted kitchen and bathroom
Purpose-built one-bedroom flat in Tivoli House, offered as a ready-made investment with tenants in situ. The compact open-plan living area is fully fitted and furnished, with integrated appliances and a modern bathroom — low-maintenance and immediately rentable. Current tenants pay £600 pcm, giving a stated gross yield around 9% at the asking price of £80,000.
Practical considerations are clear: the property is leasehold with 245 years remaining, a service charge of £600 (below average) and ground rent of £300. Broadband speeds are very slow locally, but mobile signal is excellent. There is no private garden and communal, street-facing windows mean limited privacy.
Location advantages include strong rental demand in a city-centre, student-heavy neighbourhood and many nearby amenities. Material drawbacks include the very high local crime rate and very deprived area classification — factors that can affect tenant profiles, management needs and long-term capital growth.
This flat suits a buy-to-let investor seeking immediate income and low day-to-day maintenance. Buyers should factor in local social factors and slow broadband when assessing tenant mix and future rental uplift.
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