1 bed flat for sale

City Central, 22 Wright Street, Hull, East Yorkshire HU2

Welcome to Wright Street HU2 8HU, where an exceptional investment awaits you. We are delighted to present this fantastic ground floor, one-bedroom self-contained apartment, ideally situated just a five-minute walk away from Hull City Centre train station and bus interchange. This prime location offers unparalleled convenience and accessibility for both tenants and investors alike.

A key highlight of this property is the tenant already in situ, providing a stable and immediate income stream. Currently paying £450 per month, this translates to an impressive gross rental yield of 7.7%, making it an attractive proposition for discerning investors seeking steady returns.

Security and peace of mind are paramount, and that's precisely what this apartment offers. Located behind secure gates, you can rest assured that your investment is well-protected. Additionally, the property comes with its own parking space, a coveted feature that is highly sought after in city centre living.

Financial practicality is another advantage of this property. With low ground rent and maintenance charges, your investment can remain profitable without excessive overheads, increasing the overall return on investment.

Whether you're an experienced investor or a first-time buyer looking to capitalize on the rental market, this apartment presents a golden opportunity that cannot be overlooked. The thriving Hull City Centre and its array of amenities are right at your doorstep, offering the perfect blend of urban convenience and lifestyle.

Don't miss out on this outstanding chance to own a high-performing investment property in one of Hull's most sought-after locations. Contact us now to secure your viewing and embark on a rewarding real estate journey with this incredible ground floor apartment on Wright Street. Act swiftly to secure your future today!

Important Note to Potential Purchasers & Tenants:
We endeavour to make our 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. The 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 photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

HUL210676/8

Hallway (3.3m x 1.17m (10' 10" x 3' 10"))

Enter the property via a PVC glazed door into the hallway that gives access to the bedroom, bathroom, and open lounge/kitchen. The hallway is carpeted and has a radiator, and the electric consumer unit

Bedroom (3.57m x 2.46m (11' 9" x 8' 1"))

Having a rear aspect wind and radiator to one wall.

Bathroom (2.3m x 1.69m (7' 7" x 5' 7"))

Fitted with a three piece suite in white comprising on a pedestal basin with mixer tap, panelled bath with mains powered shower over, there is tiling to the walls around the bath area and finally a low flush WC. The bathroom is heated via a chrome towel radiator.

Open Lounge/Kitchen (3.73m x 5.58m (12' 3" x 18' 4"))

There are two windows to the front aspect. The room is spacious with a kitchen are located to the rear back corner, this has been fitted with a range of wall and base units finished in a dark wood style with contrasting work surfaces inset with a round sink unit and furnished with a mixer tap. There is space for an electric oven and there is an stainless steel extractor fan above. Integral to the units is a fridge and washing machine.
To the living area is a double cupboard which houses the heating system.

Externally

There is one parking space. Access to the apartment and parking is via security gates.

Tenure

Leasehold
183 Years Remaining
Annual Service Charge £175
Maintenance Charge £363 pa

Council Tax Band A
Hull City Council

Agents Note One

Hmrc is a supervisory body for money laundering regulations, of which all estate agents need to be registered. As part of this, there are multiple requirements that agents must rigorously and consistently meet to ensure they stay compliant with the regulations and protect their clients. To do this, we use an identity verification service, approved by the Government as part of the Digital Identity and Attributes Trust Framework (diatf).
This method and the process we follow to ensure compliance for your transaction come with significant time, financial and legal implications hence a portion of this is passed on. We elected for this verification process due to the speed, certainty, and accuracy it delivers. This helps us to protect all our client's interests by using the most advanced verification process to help prevent the impacts of money laundering alongside our internal manual policies and procedures while staying compliant with hmrc.

The administrative charge for (truncated)

Agents Note Two

To fulfil the obligation to share material information, please visit the link below. You'll find a comprehensive document containing key facts for buyers, providing valuable insights related to the property that you'll undoubtedly find useful.

Agents Notes Two Continued

The administrative charge for this process is £35 plus VAT for a sole purchaser, £60 plus VAT for two purchasers and £70 plus VAT three or more purchasers.