* Leasehold
* 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
**Cogan Chambers, Exchange Court, Hull, Hu1 1Db - Inviting Offers Between
£70, 000 - £75, 000**
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,
secure 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 , 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!

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