1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (250 years remaining)
An Unmissable Opportunity:
Introducing The Binding House, where history meets modern luxury in the heart of Hull. This exclusive development offers a rare chance to own a piece of Hull's architectural heritage, now transformed into contemporary living spaces designed for the discerning investor or homeowner. Whether you're looking to expand your property portfolio or find a stylish city-centre residence, The Binding House is an investment in quality, location, and future growth.
Overview:
Discover The Binding House, an exceptional new development within a Grade 2 listed building in the heart of Hull City Centre. Formerly known as Browns Books, this historic building has been meticulously converted into 13 luxurious apartments, blending modern living with timeless elegance. Just a short walk from Queens Gardens and the bustling city centre, The Binding House offers a unique opportunity for both buy-to-let investors and owner-occupiers.
Investment Highlights:
* Type: 1 Bed Apartment
* Prices Starting From: £143,000
* Tenure: 250-Year Lease
* No Ground Rent
* Service Charge: Estimated at £2 per sqft
* Yields: 12%+ NET Yields Achievable
* Short-Term Lets Allowed: Ideal for maximizing rental income
Property Features:
* Energy Efficiency: Apartments are equipped with Ihelios infrared heating systems, which can save up to 60% on energy bills.
* Modern Amenities: Smart door entry and intercom systems installed in all units.
* White Goods Included: Oven & Hob, Fridge Freezer, and Washing Machine.
* EPC Ratings: All units have B and C ratings, ensuring energy efficiency.
* Warranty: 10-Year Build Warranty with Advantage.
Location Benefits:
* Prime Central Location: Just 2 minutes' walk from Hull City Centre, with easy access to shops, restaurants, and cultural attractions.
* Regeneration Area: Hull's designation as the City of Culture in 2017 has spurred significant investment and development, driving up property values.
* Transport Links: Part of the Northern Powerhouse Rail plans, with improved connections to key cities and the future HS2 junction in Leeds.
Enquire now to receive to following:
* Development Brochure
* Availability
* Short Term Let Projections
* Images
* Floor Plan
Tenure: Leasehold (250 years)
Ground Rent: £0 per year
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Property reference Binding-1Bed. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Residential Estates - Chester.
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on August 16, 2024
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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