2 bedroom flat for sale

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2 bedroom flat for sale

Bishop Lane, Hull
£95,000

Our Summary

  • It presents an excellent investment opportunity, as it is currently tenanted at £730 pcm, boasting a gross rental yield of 9

Description

This beautiful 2-bedroom flat is located in the heart of Hull's historic Old Town, a popular filming location for movies like Bodies, Enola Holmes 2, and Blitz. The property has been completely renovated while preserving its original period features, making it an excellent investment opportunity. It is currently tenanted at £730 per month, generating a gross rental yield of 9.22% and a net yield of 7.76%. The property has a 240-year remaining lease and annual ground rent and service charges. With its desirable location and attractive rental income, this property is a great opportunity for investors.