1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (182 years remaining)
- Prime Ground Floor, One Bedroom Self Contained Apartment
- Location: Wright Street HU2 8 HU, just a five minute walk to Hull City Centre train station and bus interchange
- Tenant in situ, paying £450 pcm, offering a high gross rental yield of 7.7%
- Secure gated property providing peace of mind and enhanced security
- Comes with a sought after parking space for added convenience
- Low ground rent and maintenance charges, ensuring financial practicality
- Ideal investment opportunity for steady rental income and attractive returns
- Perfect for experienced investors or first time buyers looking to capitalize on the rental market
- Proximity to Hull City Centre's amenities and lifestyle offerings
- Act now to secure your future with this exceptional investment property
A key highlight of this property is the tenant already in situ, providing a stable and immediate income stream. Currently paying £450 per month, this translates to an impressive gross rental yield of 7.7%, making it an attractive proposition for discerning investors seeking steady returns.
Security and peace of mind are paramount, and that's precisely what this apartment offers. Located behind secure gates, you can rest assured that your investment is well-protected. Additionally, the property comes with its own parking space, a coveted feature that is highly sought after in city centre living.
Financial practicality is another advantage of this property. With low ground rent and maintenance charges, your investment can remain profitable without excessive overheads, increasing the overall return on investment.
Whether you're an experienced investor or a first-time buyer looking to capitalize on the rental market, this apartment presents a golden opportunity that cannot be overlooked. The thriving Hull City Centre and its array of amenities are right at your doorstep, offering the perfect blend of urban convenience and lifestyle.
Don't miss out on this outstanding chance to own a high-performing investment property in one of Hull's most sought-after locations. Contact us now to secure your viewing and embark on a rewarding real estate journey with this incredible ground floor apartment on Wright Street. Act swiftly to secure your future today!
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.
HUL210676/2
Rooms
Hallway 3.3m x 1.17m (10' 10" x 3' 10")
Enter the property via a PVC glazed door into the hallway that gives access to the bedroom, bathroom, and open lounge/kitchen. The hallway is carpeted and has a radiator, and the electric consumer unit
Bedroom 3.57m x 2.46m (11' 9" x 8' 1")
Having a rear aspect wind and radiator to one wall.
Bathroom 2.3m x 1.69m (7' 7" x 5' 7")
Fitted with a three piece suite in white comprising on a pedestal basin with mixer tap, panelled bath with mains powered shower over, there is tiling to the walls around the bath area and finally a low flush WC. The bathroom is heated via a chrome towel radiator.
Open Lounge/Kitchen 3.73m x 5.58m (12' 3" x 18' 4")
There are two windows to the front aspect. The room is spacious with a kitchen are located to the rear back corner, this has been fitted with a range of wall and base units finished in a dark wood style with contrasting work surfaces inset with a round sink unit and furnished with a mixer tap. There is space for an electric oven and there is an stainless steel extractor fan above. Integral to the units is a fridge and washing machine.
To the living area is a double cupboard which houses the heating system.
Externally
There is one parking space. Access to the apartment and parking is via security gates.
Tenure
Leasehold
183 Years Remaining
Annual Service Charge £175
Maintenance Charge £363 pa
Council Tax Band A
Hull City Council
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Broadband availability and predicted speed: obtained from Ofcom on January 4, 2022
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