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Cogan Chambers, Exchange Court, Hull, HU1 1DB

Key features

  • Original South-facing Sash Windows
  • Recently Upgraded Kitchen & Shower Room
  • No Ground Rent
  • Historic Old Town Location
  • £50 Per Month Service Charge
  • Leasehold
  • Council Tax Band A
  • EPC Rating C

Description

INVITING OFFERS BETWEEN £70,000-£75,000

Nestled in the heart of Hull’s historic Old Town, Cogan Chambers beckons with its distinctive charm and a prime location behind the famous Bowlalley Lane.

Agent’s perspective:
Step into a world of character and investment potential with this unique studio apartment. Offering a 999-year lease, this property presents an opportunity with no chain attached. The monthly service charge of £50 ensures a hassle-free ownership experience, and there’s no ground rent to worry about.

But that’s not all; this apartment is not just an investment but also a piece of Hull’s history. Situated in the heart of Hull’s Historic Old Town and part of the renowned Fish Trail, it embraces the city’s heritage. On top of that, on-street parking permits can be acquired through Hull City Council for an annual fee of £80, making city living that much more convenient.

The apartment comes with recent upgrades, including a modern kitchen and shower room. The kitchen has plenty of wall and base units for your storage needs inclusive of integrated appliances and the bathroom with a shower cubicle and fully tiled walls. All alongside recommended works that are already taken care of, including a new fire-rated consumer unit and all required safety testing. Not only does it hold investment potential, but it also showcases its ability to generate income. The most recent long-term rental revenue was £500 per month, and in the past, it performed even more impressively with short-term let revenue through Airbnb ranging from £900 to £1200 per month.

The sleeping level is accessible via a fixed staircase. Allows you plenty of room for your bedroom area.

For investors seeking versatility, the building’s lease allows for short-term rentals through platforms like Airbnb and Booking.com, expanding your options for income generation. Furthermore, the apartment’s location is a magnet for film companies, having been featured in notable productions such as Enola Holmes II, The Life and Times of David Copperfield, and The Last Laugh - a testament to its unique appeal.

Inside, the apartment offers modern comforts with engineered wood flooring, and original south-facing sash windows that allow plenty of light. The exposed feature brick wall and low-hanging pendants, along with wall lights, add character and ambience that you won’t find elsewhere.

Location
Hull's Old Town is within walking distance of The Deep, Humber Street, The Marina, and the City Centre with all its many amenities. With easy access to both A63/M62 motorway link and the east Hull villages via the recently regenerated Hedon Road. A main line train station is situated at the centre of the city which offers intercity facilities.

Tenure
The tenure of the property is leasehold.

Ground Rent: nil
Monthly Service Charge: £50
Length of Lease: 999 yrs (980 yrs remaining)

Council Tax
Council Tax is payable to the Kingston Upon Hull City Council. From verbal enquiries we are advised that the property is shown in the Council Tax Property Bandings List in Valuation Band A.*

Fixtures & Fittings
Certain fixtures and fittings may be purchased with the property but may be subject to separate negotiation as to price.

Disclaimer
*The agent has not had sight of confirmation documents and therefore the buyer is advised to obtain verification from their solicitor or surveyor.

Viewings
Strictly by appointment with the sole agents.

Mortgages
We will be pleased to offer expert advice regarding a mortgage for this property, details of which are available from our Newland Avenue office on . Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.


Valuation/Market Appraisal
Thinking of selling or struggling to sell your house? More people choose beercocks in this region than any other agent. Book your free valuation now!

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

Ask agent

ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

£50

LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

Ask agent

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: A

Cogan Chambers, Exchange Court, Hull, HU1 1DB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hull Station0.5 miles
  • New Holland Station3.1 miles
  • Cottingham Station4.0 miles
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About the agent

Beercocks, Newland Avenue, Hull

154,Newland Avenue, Hull, HU5 2NN

Beercocks, Newland Avenue, Hull
Why choose beercocks?

I hope the pages of this site will demonstrate to you that beercocks will go that extra mile to sell your home.

We are constantly looking to improve our marketing which in turn gives greater exposure to our properties and ultimately will achieve quicker sales and a better price.

As a family run business we pride ourselves in providing that personal touch yet combined with cutting edge technology. Wishing you a smooth and stress free move. We are at

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)

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Disclaimer - Property reference BRC_NWL_LFSYCL_305_461258319. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Beercocks, Newland Avenue, Hull. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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