Summary -
Flat 504,George House,67-73 George Street,KINGSTON UPON HULL,HU1 3BB
HU1 3BB
1 bed 1 bath Flat
Immediate rental income in a compact city-centre unit suited to investors.
Tenant in situ producing £9,840 annual gross income
Approximate gross yield c.9.4% based on asking price
Leasehold tenure; small overall size (398 sq ft)
No private parking or external garden available
Located in very deprived area with high local crime levels
Broadband speeds reported as very slow — may deter some tenants
Balcony, modern bathroom, fully-equipped kitchen with dining space
Buyers premium applies to secure purchase (per sale conditions)
This one-bedroom flat on George Street is presented as a city-centre buy-to-let with a tenant in situ, making it immediately cash-generative. The compact apartment includes a fully-equipped kitchen with dining area, modern three-piece bathroom and a small balcony — practical features for urban renters and short-term lettings.
The property currently produces an annual gross income of £9,840 (tenant in place). At the advertised price of £105,000 this equates to an approximate gross yield of 9.4%, which will appeal to investors seeking immediate rental return and straightforward portfolio additions.
Key investment considerations are factual and material: the flat is leasehold, in a small overall size (398 sq ft), and located in an area with high crime rates and very high deprivation. Broadband speeds are reported as very slow and no private parking or garden is available; these factors may limit some tenant types and require pricing or management adjustments.
On balance, this is best suited to cash-focused landlords or investors targeting city-centre rental demand — particularly those comfortable managing tenancies in a cosmopolitan, student/migrant neighbourhood. The building’s central position and existing rental income offer immediate returns, while scope for rental uplift exists if local market conditions improve or services (internet) are upgraded.
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