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£143,000

The Binding House - George Street, Hull, HU1

  • 1 bed
Flat

£143,000

  • 1 bed
Flat
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Estimate monthly mortgage payment:

£653 per month

Minimum deposit amount:

£7,150
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The Binding House, George Street, Hull, HU1 3AZ

An Unmissable Opportunity:
Introducing The Binding House, where history meets modern luxury in the heart of Hull. This exclusive development offers a rare chance to own a piece of Hull's architectural heritage, now transformed into contemporary living spaces designed for the discerning investor or homeowner. Whether you're looking to expand your property portfolio or find a stylish city-centre residence, The Binding House is an investment in quality, location, and future growth.

Overview:
Discover The Binding House, an exceptional new development within a Grade 2 listed building in the heart of Hull City Centre. Formerly known as Browns Books, this historic building has been meticulously converted into 13 luxurious apartments, blending modern living with timeless elegance. Just a short walk from Queens Gardens and the bustling city centre, The Binding House offers a unique opportunity for both buy-to-let investors and owner-occupiers.

Investment Highlights:
* Type: 1 Bed Apartment
* Prices Starting From: £143,000
* Tenure: 250-Year Lease
* No Ground Rent
* Service Charge: Estimated at £2 per sqft
* Yields: 12%+ NET Yields Achievable
* Short-Term Lets Allowed: Ideal for maximizing rental income

Property Features:
* Energy Efficiency: Apartments are equipped with Ihelios infrared heating systems, which can save up to 60% on energy bills.
* Modern Amenities: Smart door entry and intercom systems installed in all units.
* White Goods Included: Oven & Hob, Fridge Freezer, and Washing Machine.
* EPC Ratings: All units have B and C ratings, ensuring energy efficiency.
* Warranty: 10-Year Build Warranty with Advantage.

Location Benefits:
* Prime Central Location: Just 2 minutes' walk from Hull City Centre, with easy access to shops, restaurants, and cultural attractions.
* Regeneration Area: Hull's designation as the City of Culture in 2017 has spurred significant investment and development, driving up property values.
* Transport Links: Part of the Northern Powerhouse Rail plans, with improved connections to key cities and the future HS2 junction in Leeds.



Enquire now to receive to following:
* Development Brochure
* Availability
* Short Term Let Projections
* Images
* Floor Plan



Tenure: Leasehold (250 years)
Ground Rent: £0 per year
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