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Hull HU2 20 bed block of apartments for sale

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Hull HU2 20 bed block of apartments for sale

Wincomlee, Hull, HU2
£350,000

Our Summary

  • A rare opportunity to acquire the second phase of the highly successful Old Mill development—an impressive Grade II listed riverside building with full planning permission granted for conversion into 20 apartments
  • The property is currently a shell, offering developers and investors the ideal blank canvas to replicate the neighbouring scheme, which was completed and fully let, achieving a strong rental yield and excellent market response
  • The top floor is already studded out, complete with Velux windows and balconies, indicating progress and structural readiness for conversion
  • Whether you’re an experienced investor looking to expand your portfolio, or a developer seeking a project with planning, proven demand, and significant upside, this opportunity represents exceptional potential with much of the groundwork already in place
  • Planning Reference 00019127LRef number 14/00879/FULL
  • Existing shell structure – ready for immediate conversion
  • Full planning permission granted for 20 apartments
  • Planning Reference 00019127 L Ref number 14/00879/FULL
  • Planning Reference 00019127L Ref number 14/00879/FULL
  • Planning Reference 00019127L Ref number 14/00879/full

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph: This Grade II listed riverside building, located in the second phase of the Old Mill development, offers a rare opportunity for developers and investors to convert it into 20 apartments. With full planning permission granted, the property is currently a shell, providing a blank canvas to replicate the successful neighboring scheme, which was fully let and achieved a strong rental yield. The top floor is already studded out, complete with Velux windows and balconies, reducing the upfront redevelopment work. The property benefits from a riverside location with off-street parking, and the surrounding area is undergoing regeneration, enhancing its long-term investment outlook. With a proven track record of rental income and demand, this opportunity represents exceptional potential for investors and developers alike.