Bishop Lane, Hull HU1 2 bed flat for sale

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Bishop Lane, Hull HU1 2 bed flat for sale

Bishop Lane, Hull HU1
£85,000

Our Summary

  • Property Reference number : 698798INVESTMENT OPPORTUNITY - A beautiful 2-bedroom flat for sale in the heart of Hull's historic Old Town, a location recently used as a backdrop for major film productions like Bodies, Enola Holmes 2, and Blitz
  • It presents an excellent investment opportunity, as it is currently tenanted at £730 pcm

Description

This is an investment opportunity to purchase a beautifully renovated 2-bedroom flat in Hull's historic Old Town, which has been used as a filming location for several major productions. The flat is currently tenanted at £730 per month, generating a gross rental yield of 10.31% and a net rental yield of 8.62%. The property retains its original period features and is available with a remaining lease of 240 years. The current annual ground rent is £449, and the service charge is £984. With a council tax band of A, this property presents a solid investment opportunity for those looking to generate passive income. Viewings are available, but potential buyers are warned to exercise caution and not transfer funds to the owner before inspecting the property in person.