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Bishop Lane, Hull HU1 2 bed flat for sale
Bishop Lane, Hull HU1
£87,500
Bishop Lane, Hull HU1
£87,500
Price History
Initial price | £95,000 |
05/08/25 | £90,000 |
03/09/25 | £87,500 |
Price Change | -7.89% |
Description
This 2-bedroom flat is situated in the heart of Hull's historic Old Town, a location that has been featured in recent film productions. The property has been completely renovated while preserving its original period features and is currently tenanted at £730 per month, offering a gross rental yield of 10.01% and a net yield of 8.37%. With a 240-year lease remaining, this property presents an excellent investment opportunity. The flat is subject to a current annual ground rent of £449, with a 5-year review period, and a current annual service charge of £984. Potential buyers are advised to view the property in person before transferring any funds and are also warned that submitting a viewing request implies permission to pass contact details to the vendor or landlord.