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Pease Court, High Street, Hull, North Humberside, HU1

Key features

  • River view
  • Communal Garden
  • Chain Free
  • Must be viewed
  • Investment opportunity
  • City Centre location

Description

Tenant in Situ | Approx. 10.5% Gross Yield | Grade II Listed Waterfront Apartment

Pease Court, High Street, Hull, HU1

An outstanding opportunity to acquire a fully let investment property within one of Hulls most distinctive Grade II Listed waterfront developments.

For August only, this superb investment is available at the special price of £59,950.

Situated within the highly sought-after Pease Court, a beautifully converted 18th Century warehouse overlooking the River Hull, this well-presented apartment is sold with a tenant in situ, currently generating £525 PCM (£6,300 per annum), providing an attractive gross rental yield of approximately 10.5% based on the promotional asking price.

Offering approximately 24m² (258 sq ft) of well-designed accommodation, the apartment features a bright open-plan living space with characterful exposed beams, a modern fitted kitchen and a contemporary shower room. The development also benefits from beautifully maintained communal gardens, creating a peaceful setting in the heart of Hulls historic Old Town.

With a share of the freehold, approximately 987 years remaining on the lease, no ground rent, and an established tenant already in place, this property offers investors immediate rental income from completion.

Key Features

August Special Offer – Reduced to £59,950 (Limited Time Only)

Tenant in Situ – Immediate Rental Income

Current Rent: £525 PCM (£6,300 per annum)

Approximate Gross Yield: 10.5%

Grade II Listed 18th Century Warehouse Conversion

Share of the Freehold

Approximately 987-Year Lease

No Ground Rent

River Views

Beautifully Maintained Communal Gardens

Modern Kitchen & Shower Room

Service Charge: £1,172.64 per annum

Resident Parking Permits Available (currently £20 per annum, with visitor permits available, subject to the relevant parking scheme)

EPC Rating: C

Council Tax Band: A

Location

Perfectly positioned on Hulls historic High Street, Pease Court enjoys a prime waterfront setting just a short stroll from the vibrant Fruit Market, Hull Marina, Humber Street and the Museums Quarter. The area offers an excellent selection of independent cafés, restaurants, galleries and bars, while Hull Paragon Interchange, St Stephens Shopping Centre and Hull city centre are all within easy walking distance.

This sought-after location continues to attract strong rental demand, making it an excellent choice for investors seeking a low-maintenance city centre investment.

Investment Opportunity

Whether youre an experienced landlord looking to expand your portfolio or purchasing your first buy-to-let property, this ready-made investment offers immediate rental income, excellent lease terms and an enviable waterfront location.

With the August Special Offer available for a limited time only, early viewing is highly recommended. Contact HPC today to arrange your viewing or request further information.

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
LISTED PROPERTYA property designated as being of architectural or historical interest, with additional obligations imposed upon the owner.Read more about listed properties in our glossary page.
Listed
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Pease Court, High Street, Hull, North Humberside, HU1

Approximate location

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Affordability

Monthly repayments£301
Property: £ 59,950
Deposit: £ 5,995
Interest rate: 5.33%
Term: 30 years
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Recently sold & under offer
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About HPC, Hull

57 Chanterlands Avenue, Hull, HU5 3ST
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2Industry affiliation logo 3

Sales

At the Hull Property Centre we aim to provide you with a way to sell your property in the most straight forward and pain-free way. We have great systems but hiding behind technology isn?t really our thing. Instead, we will speak with you regularly, keeping you updated at every step. If you sell with HPC then you can rest assured that we have the knowledge and experience to guide you through to completion no matter how tricky things may get.

Our team has gained a reputation for providing helpful, friendly service. No jargon, just honesty, reliability and results. If you choose to sell your home with us then an effective, straightforward approach and a simple fee structure with no hidden costs is our promise.

We?d love to hear from you.

Lettings

Hull Property Centre are rental specialists, able to provide you with the full range of services from tenant sourcing to full property management. We provide a personal service with a strong emphasis on customer care, attention to detail and a willingness to do more than expected.

The repeat business that we receive from our loyal customer base is the foundation on which the company is built and without their trust and confidence we would not have got this far.

Whether you are new to renting or have worked with us before, just give us a call and arrange a meeting. Our appraisal is free, we can give you advice and provide you with all of the information that you need to decide which service is the best fit for you. Whichever service you choose, an effective, straightforward approach and a simple fee structure with no hidden costs is our promise.

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Disclaimer - Property reference 1143. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by HPC, Hull. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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