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Offers in region of
£99,950

1 bedroom flat for sale

George Street, HU1, Hull, HU1
Flat
1 bed
1 bath
Added > 14 days

Key information

TenureLeasehold
Ground rent£100 per annum
Service charge£1,484 per annum
Council taxBand A
BroadbandUltra-fast 1000Mbps *

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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About this agent

Belvoir - Hull
Belvoir - Hull
81 Prospect Street Hull, East Yorkshire HU2 8PE
01482 763623
Full profileProperty listings
At Belvoir Hull, we are able to offer you a comprehensive one stop solution to all your residential property sales and lettings needs. Our office covers Hull and all surrounding areas. At Belvoir Hull we are a proactive agency who cater to all of our client’s needs and endeavour to tailor our service that’s right for you. Our award-winning service puts your first, getting the best results for you! We have a support network of over 170 offices across the UK, offering national coverage with local knowledge. Belvoir Hull is a professional residential property estate and lettings company with a can do attitude, a commitment to offering an award winning-service and delivering unrivalled results. Our aim is to establish individual relationships with all of our clients through a business which is built on energy, quality, efficiency and knowledge. As member of the National Approved Letting Scheme (NALS) we adhere to the highest possible standards of service.
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