19 bed flat

This rare investment opportunity presents a striking period property in the heart of Hull, comprising 19 fully self-contained residential flats across three upper floors. The property, formerly a cinema, has been converted to provide 14 studio apartments and 5 one-bedroom flats, all fully let on inclusive rents, generating a strong gross annual income of £145,800. The building's central location, just south of the main retail core and moments from St Stephen's Shopping Centre and Hull Paragon Interchange, makes it an attractive option for both professional and student tenants.

With potential to increase the annual rent to £157,000, the property offers a yield of 8.72%, making it an excellent investment opportunity for those seeking a stable and lucrative return.