Immediate rental income in a central location for portfolio buyers.
Currently tenanted producing £12,000 gross annual income
Leasehold tenure — check lease length and service charges
Approximately 743 sq ft; two bedrooms and spacious lounge
No private outdoor space; urban street outlook only
Area records high crime and very deprived neighbourhood indicators
Broadband speeds reported as very slow — may affect tenants
Good transport and amenity access; strong town-centre rental demand
External condition appears fair; internal specification unverified
An investment-focused two-bedroom flat in the heart of Hull city centre, currently let and producing a gross annual income of £12,000. The accommodation includes a spacious lounge, a well-equipped kitchen and a three-piece bathroom across approximately 743 sq ft. The property is part of a multi-storey brick building on George Street with urban outlook and no private outdoor space.
This is aimed squarely at buy-to-let investors or developers seeking an income-generating asset with immediate tenant income. The flat’s central location offers excellent mobile signal, close access to public transport and a wide range of amenities that support ongoing rental demand. The existing tenancy has been stable and consistently paid to date.
Important practical points: the tenure is leasehold and the area records high crime levels and significant deprivation; broadband speeds are reported as very slow. The building’s external condition appears fair from street level but internal specification and services have not been independently verified — a physical inspection and review of the Let Property Pack and tenancy documentation are recommended before purchase.
For investors, the stock offers a straightforward add-on to a city-centre portfolio with immediate rental return. Those considering purchase should factor in potential management costs, any leasehold service charges, and possible refurbishment to improve long-term yields or tenant appeal.
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