Studio for sale

Pease Court, High Street, Hull, North Humberside HU1

Guide Price £65,000

Historic Grade II Listed Warehouse Conversion River Views Share of Freehold Beautiful Communal Gardens Excellent Investment Opportunity
A rare opportunity to purchase a beautifully presented apartment within a Grade II Listed former 18th Century warehouse, perfectly positioned on Hulls historic High Street overlooking the River Hull.

Blending period character with modern convenience, this unique property forms part of one of Hulls most distinctive waterfront developments and benefits from extensive, beautifully maintained communal gardens, a share of the freehold, a 987-year lease and no ground rent.

Offering bright, well-planned open-plan accommodation extending to approximately 24m2 (258 sq ft), the apartment is ideal for first-time buyers, professionals seeking a low-maintenance city home, or investors looking to acquire a property with an excellent potential return.

The property is currently being marketed to let and the vendor would welcome the opportunity to sell with a tenant in situ should one be secured prior to completion. Based on current market conditions, the apartment is expected to achieve a rental income of approximately £575–£595 pcm, providing an estimated gross rental yield of around 10.6%–11.0%.

Key Features
✔ Grade II Listed former 18th Century warehouse conversion

✔ Attractive views over the River Hull

✔ Extensive, beautifully maintained communal gardens

✔ Approx. 24m2 (258 sq ft) of well-designed accommodation

✔ Modern fitted kitchen and shower room

✔ Share of the freehold

✔ Approximately 987 years remaining on the lease

✔ No ground rent

✔ Service charge: £1,172.64 per annum

✔ Resident parking permits available (currently £20 per annum), with visitor permits available for approximately £10 (up to two hours, subject to the relevant scheme)

✔ EPC Rating: C

✔ Council Tax Band: A

Location
Situated in the heart of Hulls historic waterfront, the property is just moments from the Old Town, Humber Street, the Fruit Market and Hull Marina, where an excellent selection of independent cafés, restaurants, galleries and bars can be enjoyed. Hull Paragon Interchange, Hull College and St Stephens Shopping Centre are all within easy walking distance, making this an exceptionally convenient city centre location.

Originally constructed as a warehouse during the 18th Century, the building has been sympathetically converted to create distinctive homes that retain the character and charm of Hulls maritime heritage while providing comfortable modern living. Combined with its attractive riverside setting, beautifully maintained communal gardens and excellent leasehold credentials, this apartment represents a unique opportunity for both homeowners and investors alike.

Early viewing is highly recommended to appreciate everything this characterful waterfront apartment has to offer.