2 bedroom flat for sale

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2 bedroom flat for sale

Bishop Lane, Hull
£90,000

Price History

Initial price £95,000
05/08/25 £90,000
Price Change -5.26%

Description

This 2-bedroom flat in Hull's historic Old Town has been completely renovated while preserving its original period features. Located in a popular area that has been used as a backdrop for major film productions, the property offers 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 comes with a 240-year lease remaining, and the current annual service charge is £941. With a council tax band of A and a current annual ground rent of £449, this property presents a lucrative investment opportunity for potential buyers.