Reeds Rains says ..

Property Oracle says ..

This one-bedroom apartment located in the City Central area of Hull offers a convenient city-center lifestyle. Its proximity to Hull’s train station and bus interchange is a major advantage, making it attractive to commuters and those seeking easy access to amenities. The apartment is situated within a secure gated development, adding a layer of security.

The internal photos reveal a functional, yet somewhat dated interior, requiring some updating. The kitchen and bathroom appear clean but basic, indicating potential for refurbishment. While the bedroom and living space are adequate in size for a single occupant or a couple, the overall condition is not considered luxurious. The lack of a garden or outdoor space is a noticeable drawback.

The listing mentions a tenant in situ, providing a potential rental income stream. However, the provided rental income data does not allow for detailed analysis of the investment potential. Further investigation is required to verify its viability and potential return on investment. The listed price, while seemingly competitive based on limited comparative data, necessitates a more in-depth review of the local market to confirm its value in the context of other comparable properties for sale in the area. Additional information on property details such as energy efficiency ratings and the exact age of the property would greatly enhance the assessment. Considering the overall condition, amenities, and location, the property provides a suitable base for a first-time buyer or a buy-to-let investor who is prepared to take on potential refurbishment costs.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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