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Block of apartments for sale
Spring Bank, Hull, HU3
£425,000
Spring Bank, Hull, HU3
£425,000
Our Summary
- There are 2 x 3 bedroom apartments and 2 x 2 bedroom apartments which were constructed in 2018 with the relevant planning permission and building control approval
- The inclusion of commercial space within the basement adds to the property's versatility, offering over 1200 square feet for potential business use
- There is also an additional residential unit with separate access to the rear which has the potential to be developed into a studio apartment subject to planning consents
- Act quickly to secure this freehold investment opportunity before it's gone
Description
This property is a unique investment opportunity located in the heart of Hull, just a 10-minute walk from the city center and Hull Paragon Interchange Railway station. The building, which spans over 4000 square feet and is spread over 4 floors, offers 2 x 3-bedroom and 2 x 2-bedroom apartments, each with modern décor, fully fitted kitchens, and spacious open-plan configurations. The property has previously been used as serviced accommodation and is suitable for long-term letting agreements or could be converted back to its original purpose. Additionally, the building features commercial space in the basement, which offers over 1200 square feet for potential business use. With an EPC rating of C, the property is energy-efficient and cost-effective for future occupants. The property's location is ideal, with local supermarkets and public transport links nearby, making it an attractive option for residents.