Guide price
£108,500
1 bed flat for saleGeorge Street, Hull HU1
1 bed
1 bath
1 reception
- Leasehold
Purplebricks, Head Office
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About this property
Ground floor flat
Modern throughout
Close to local amenities
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Charming Fully Furnished Studio Apartment in Hull's Vibrant City Centre
Welcome to Flat 1, Regal House—a beautifully appointed studio apartment nestled in the heart of Hull. This property is an ideal opportunity for first-time buyers seeking a stylish urban retreat or investors aiming to expand their portfolio.
Key Features:
Prime Location: Regal House, George Street, Hull City Centre, HU1 3AJ.
Modern Living Space: Perfect for first time buyers, the studio boasts a spacious open-plan layout, furnished with high-quality pieces that blend comfort and style. The fully fitted kitchen features integrated appliances, including a fridge/freezer and washer/dryer, catering to all your culinary needs.
Investment Potential: Currently operating as a successful short-term let through platforms like Airbnb and , the property generates an estimated annual rental income of £10,000 - £12,000. Managed by a professional short-term let management company, the transition for new owners will be seamless. Previously, the flat was let on a long-term basis for approximately £750 per month and has strong rental appeal.
Inclusive Service Charges: The service charge for 2025 is £2,784, which includes water and electricity expenses, offering residents hassle-free living with predictable costs. The ground rent for 2025 is a modest £100. Ground rent next review: March 2032.
Location
Charming Fully Furnished Studio Apartment in Hull's Vibrant City Centre
Welcome to Flat 1, Regal House—a beautifully appointed studio apartment nestled in the heart of Hull. This property is an ideal opportunity for first-time buyers seeking a stylish urban retreat or investors aiming to expand their portfolio.
Key Features:
Prime Location: Situated on George Street, this apartment offers unparalleled access to Hull's bustling city centre. A mere 5-minute stroll connects you to a variety of amenities, including shopping centres, restaurants, and cultural attractions. Hull Train Station is conveniently located just 7 minutes away on foot, ensuring effortless connectivity.
Modern Living Space: Perfect for first time buyers, the studio boasts a spacious open-plan layout, furnished with high-quality pieces that blend comfort and style. The fully fitted kitchen features integrated appliances, including a fridge/freezer and washer/dryer, catering to all your culinary needs.
Investment Potential: Currently operating as a successful short-term let through platforms like Airbnb and , the property generates an estimated annual rental income of £10,000 - £12,000. Managed by a professional short-term let management company, the transition for new owners will be seamless. Previously, the flat was let on a long-term basis for approximately £750 per month, and has strong rental appeal.
Inclusive Service Charges: The service charge for 2025 is £2,784, which includes water and electricity expenses, offering residents hassle-free living with predictable costs. The ground rent for 2025 is a modest £100.
Property Ownership Information
Tenure
Leasehold
Council Tax Band
A
Annual Ground Rent
£100.00
Ground Rent Review Period
No review period
Annual Service Charge
£2,784.00
Service Charge Review Period
No review period
Lease End Date
27/02/2273
Property Description Disclaimer
This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.
Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
Ground rent
Ground rent date of next review