2 bedroom flat for sale

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2 bedroom flat for sale

Bishop Lane, Hull
£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, a location that has been featured in several major film productions. The flat has been preserved to maintain its original period features and 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 comes with a 240-year lease remaining, and the current annual ground rent and service charge are £449 and £984, respectively. The property is available for viewing, but potential buyers are warned not to transfer funds without first viewing the property in person.