This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
£50,000
2 bedroom Flat for sale, Ferensway, Hull, East Yorkshire, HU2
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Features and Description
- 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
- Service charge: £207.83 per month (total £370.20 PCM)
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.
Communal Entrance Hall
Accessed from the outside via a secure intercom entry system. Stairs and lift giving access to the upper levels.
Communal Landing
Where access is then provided to the:
Entrance Hall
With built-in storage. Doors lead off to the individual rooms.
Sitting Room / Kitchen
27'7" x 10'4" (8.40m x 3.15m)
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
15'1" x 8'6" (4.60m x 2.60m)
Of a generous size. Door leading through to the:
En-Suite
6'9" x 3'2" (2.06m x 0.97m)
Appointed with a three-piece suite comprising:- low flush WC, wall-hung sink, shower.
Bedroom 2
14'6" x 11'6" (4.42m x 3.50m)
Further double bedroom.
Bathroom
10'6" x 6'3" (3.20m x 1.90m)
Appointed with a three piece suite comprising:- low flush WC, sink with pedestal, bath.
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.
Tenure
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
Viewings
Strictly by appointment.
Joint Agents
Auction House Hull & East Yorkshire, 56 Market Place, Driffield, East Yorkshire, YO25 6AW. Tel: 01377 241919
Solicitor
Graham & Rosen, 8 Parliament Street, Hull, East Yorkshire, HU1 2BB. Ref: Oliver Richardson. Tel: 01482 314 234
Method of Sale
The property will be offered for sale by online Traditional Auction with bidding commencing at 12 noon on Monday 25th May 2026 and closing on Wednesday 27th May 2026 at 1.00pm. For further legal information relating to this lot please log on to auctionhouse.co.uk/hullandeastyorkshire.
Conditions of Sale
The property will be sold subject to conditions of sale, copies of which will be available for inspection at the auctioneer’s offices, with the solicitors and online at auctionhouse.co.uk/hullandeastyorkshire prior to the date of the auction.
Additional Fees
The purchaser will be required to pay an administration charge of £1,200 (£1,000 plus VAT), and a buyer's premium of £1,800 (£1,500 plus VAT) in addition to the purchase price of the property.
Guide Price
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures that a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction), which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Disbursements
Please see the legal pack for any listed disbursements that may become payable by the purchaser upon completion.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
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 travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Ferensway, Hull, East Yorkshire, HU2
Additional Information
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Property refHUL260335
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EPCD
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TenureLeasehold
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Council TaxB
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Local authorityHull City Council
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Ground RentContact the branch
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Ground Rent ReviewContact the branch
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Service ChargeContact the branch
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Reeds Rains Estate Agents Hull
Reeds Rains Hull
508 Holderness Road, Hull, HU9 3DS
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Floorplan
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Street view
Communal Entrance Hall
Accessed from the outside via a secure intercom entry system. Stairs and lift giving access to the upper levels.
Communal Landing
Where access is then provided to the:
Sitting Room / Kitchen
27'7" x 10'4" (8.40m x 3.15m)
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.
En-Suite
6'9" x 3'2" (2.06m x 0.97m)
Appointed with a three-piece suite comprising:- low flush WC, wall-hung sink, shower.
Bedroom 2
14'6" x 11'6" (4.42m x 3.50m)
Further double bedroom.
The pin shows the exact address of the property
Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
63Potential
79CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs