Summary - 1 FLAT 5 ST ANDREWS COURT HULL HU4 7BE
2 bed 1 bath Flat
Income-producing two-bedroom flat with long-term tenants and parking.
- Two-bedroom leasehold flat producing £8,400 gross per year
- Long-term tenant in situ; likely to transfer with sale
- Shared off-street parking; no private garden or outdoor space
- Modern purpose-built block with central heating and skylight attic room
- Located in a high-crime, very deprived area — higher management risk
- Buyers Premium payable on purchase; factor into costs
- Average-sized 721 sq ft apartment; suitable for standard BTL layouts
- Leasehold tenure and local demographic profile may limit mortgage options
This two-bedroom leasehold flat in St. Andrews Court offers an immediate, let-out income stream — currently producing £8,400 pa — making it a straightforward addition to a buy-to-let portfolio. The apartment sits in a modern purpose-built block with communal off-street parking and central heating, suited to investors seeking a low-effort, tenanted purchase.
The long-term tenants have occupied the property for several years and pay reliably; they do not intend to move, so the sale will likely transfer with an existing tenancy in place. The building and apartment are average in size with practical, contemporary finishes; the internal layout includes two bedrooms, lounge, kitchen and bathroom. Broadband speeds and mobile signal are reported as good, supporting tenant appeal.
Buyers should note material considerations: the property is leasehold, located in a very deprived area with high local crime rates, and sits within a Hard-Pressed/Challenged local demographic profile. There is minimal private external space and no private garden. A Buyers Premium will apply on sale, and the purchase will likely require an investor prepared to buy with the existing tenancy in place.
Overall this is best suited to serious investors or developers seeking an income-producing flat with straightforward management. The current gross yield (income relative to the asking price) and long-standing tenancy are the main attractions, while tenure, local socioeconomic indicators and sale fees are the practical downsides to factor into underwriting and exit plans.
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