Cogan House, Bowlalley Lane, Hull

£1,600,000 Offers Over
  • Ref: P2078
  • Type: Flat / Apartment
  • Availability: For Sale
  • Bedrooms: 1
  • Bathrooms: 1
  • Reception Rooms: 1
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Property Summary

Investment Opportunity to purchase 16 Modern Apartments, Freehold and on one property title.
The building is made up of 12x 1 Bedrooms & 2x2 Bedrooms & 2 Studios Apartments
The whole building is currently rented out for £98K Per Annum - generating a yield of 6.1%, rents are on the low side so a buyer has scope to increase the rents.
Cogan House is in the heart of the Old Town, close to all the popular shops, bars and restaurants.
Hull City Centre is now one of the most popular locations for working professionals.
Each apartment is fully furnished, 52 Plasma TV in the Lounge and a 32 Smart TV in each bedroom, a true turn key investment.