**Standout Features:**
- **Modern Studio Apartment** with contemporary design.
- **Tenant in situ** paying £650 per month, providing immediate rental income—ideal for investors!
- **City Centre Location** with easy access to supermarkets, train stations, and thriving amenities.
- **Council Tax Band: A**—very affordable rates.
**Notable Concerns:**
- **Small total size:** 323 square feet may cater better to single occupants or couples.
- **High crime rate** in the area—potential buyers should consider safety.
- **Service charge of £3,000 annually** and **ground rent of £600**—costs to budget for.
- **Broadband speeds:** Slow, which might affect remote work or online activities.
Discover an incredible investment opportunity in this modern studio apartment located in the bustling city center of Hull. Offering a compact yet stylish open-plan living area with integrated kitchen appliances, and natural light flooding from large windows in the bedroom, this apartment is perfect for urban dwellers or professionals seeking a vibrant lifestyle. Currently tenanted with a respectable rental yield, this property ensures steady income.
While the apartment boasts a favorable council tax rate and a convenient location close to amenities, potential buyers should be aware of additional costs associated with ground rent and the service charge, as well as the local area's high crime rate. With a long lease of 243 years remaining, this property offers promising flexibility for future renovations or redecoration. Don’t miss out on this rare chance to step into a thriving rental market—secure your bid today!
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