1 bedroom flat for sale
Key information
Features and description
- Second Floor Studio Apartment
- Prime City Centre Location
- Modern Furnishing and Interior
- First Time Buy or Investment Opportunity
- Close to Local Amenities and Public Transport Links
- Gross Rental Yield 13.33%
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Modern City Centre Apartment | Turnkey Investment | £99,950
A ready-made investment opportunity in the heart of Hull city centre.
This modern furnished studio apartment on George Street offers prime positioning for both serviced accommodation and long-term rentals, surrounded by shops, restaurants, nightlife, and major transport links including Hull Paragon Interchange and St Stephen’s Shopping Centre.
Situated on the second floor, the apartment features a spacious open-plan kitchen/living area with integrated appliances - oven, hob, extractor, washing machine, and dishwasher. The sleeping area is neatly partitioned with fitted furniture to create a functional yet open layout, while the bathroom includes a modern three-piece suite and overhead shower.
Currently operating as a successful short-term let via Airbnb and Booking.com, it generates an estimated £14,000 annual income and a gross yield of 14%. After service charge and ground rent (including utilities), the net yield stands at 11.21%.
Alternatively, it has previously achieved £750 PCM on a standard AST - offering flexibility across rental strategies.
Sold fully furnished with quality modern furniture and appliances, it’s completely turnkey and ready to continue generating income from day one.
Service charge for 2025 is £2,784 (including electricity and water, or £1,484 excluding utilities). Ground rent is £100 per annum. Lease end date: 27/02/2273.
Call Belvoir to arrange a viewing now!
EPC rating: C. Tenure: Leasehold,
Rooms
Bedroom 3.9m x 3.79m (12'10" x 12'5")
Furnished double bedroom with unit separation from living/kitchen area and windows to the front elevation.
Kitchen/Living Area 4.4m x 3.63m (14'5" x 11'11")
Modern fitted kitchen with appliances and furnished living area.
Bathroom 4.08m x 2.32m (13'5" x 7'7")
Bathroom consisting of a three piece suite with over head shower and window to the rear elevation.
Disclaimer Not provided
We endeavour to make our lettings 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. Any 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 measurements have been taken as a guide to prospective tenants only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the landlord by separate negotiation.
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