Guide price

£50,000

2 bed flat for sale
Ferensway, Hull, East Yorkshire HU2

    • 2 beds

    • 2 baths

    • 1 reception

  • EPC Rating: D

Auction
Leasehold
Added on 30/04/2026

About this property

  • For sale by online timed traditional auction – Wednesday 27th May 2026

  • First floor apartment in a purpose-built city centre development

  • Two well-proportioned bedrooms

  • Currently tenanted at £650 pcm (£7,800 per annum)

  • Ready-made investment with income in place

  • Ideal opportunity for landlords

  • Includes allocated parking space

  • Leasehold – 150 years from 19/05/2004 (128 years remaining)

  • Ground rent: £101.10 per month

  • Reserve fund: £61.27 per month

For sale by online timed traditional auction on Wednesday 27th may 2026

A two-bedroom first floor city centre apartment within a purpose-built development which is currently tenanted at £650pcm (£7,800pa), making it ideal for investors. The accommodation briefly comprises: Entrance Hall, Kitchen/Living Room, Two Bedrooms, Bathroom and En Suite. The property also benefits from parking and double glazing. EPC Grade 'D'.

Leasehold on 150 year lease from 19/05/2004 (128 years remaining). Ground Rent - £101.10 per month. Reserve Fund - £61.27 per month. Service Charge - £207.83 per month. Total - £370.20 per month. The property is sold subject to existing tenancies - please see the legal pack for further details.

Situated within Hull city centre, the property is within easy walking distance of shopping areas, supermarkets, cafés and restaurants. It is close to key amenities including healthcare services and Hull Royal Infirmary. The area also benefits from excellent transport links, with Hull Paragon Interchange (rail and bus station) just a short walk away.

Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

HUL260335/8

Main Accommodation

Ground Floor

Communal Entrance Hall

Accessed from the outside via a secure intercom entry system. Stairs and lift giving access to the upper levels.

First Floor

Communal Landing

Where access is then provided to the:

The Subject Apartment

Entrance Hall

With built-in storage. Doors lead off to the individual rooms.

Sitting Room/Kitchen (8.4m x 3.15m (27' 7" x 10' 4"))

Range of wall and base units with laminate worktop. Stainless steel sink with right hand drainer and chrome mixer tap. Integrated electric hob and cooker with extractor fan above.

Principal Bedroom (4.6m x 2.6m (15' 1" x 8' 6"))

Of a generous size. Door leading through to the:

En-Suite (2.06m x 0.97m (6' 9" x 3' 2"))

Appointed with a three-piece suite comprising:- low flush WC, wall-hung sink, shower.

Bedroom Two (4.42m x 3.5m (14' 6" x 11' 6"))

Further double bedroom.

Bathroom (3.2m x 1.9m (10' 6" x 6' 3"))

Appointed with a three piece suite comprising:- low flush WC, sink with pedestal, bath.

Outside

Allocated Parking

One parking space.

Agent's Note

To fulfil the obligation to share material information, please follow the web link where you'll find a comprehensive document containing key facts for buyers, providing valuable insights related to the property that you'll undoubtedly find useful.

Mortgage calculator

Monthly repayment

£250 per month

Whole of market comparison

70+ lenders and 10,000+ products

How much could I borrow

In partnership with

mojo logo

The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

More information

Report this listing

Reeds Rains - Hull

Logo of Reeds Rains - Hull
Email agent