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1 bed property, in South Street, £85,000
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1 bed flat

South Street, Hull HU1
£85,000

Our Summary

  • Great investment opportunity in Hull City CentreLeasehold 1 bedroom apartment in a perfect location, with easy access to transport and to all the amenities that the city centre can offer

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Description

This is a leasehold 1-bedroom apartment in a prime location in Hull City Centre, offering easy access to transport and local amenities. The property is currently tenanted and benefits from a 6-month AST agreement that ends on July 4th, 2023. The rent is £550 per month, resulting in a total annual rent of £6,600, with a net yield of 7.3%.

The ground rent is £300 per annum, and the lease has 250 years remaining from January 1st, 2019. The property features a modern and open-plan kitchen, dining, and living area, as well as a bathroom.