For Sale1 Bedroom Apartment in George Street, Hull, HU1 3AJ£120,000

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 Booking.com, 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.