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The Gateway, Reed Street, Hull
For saleReduced 14 Aug 2026
£59,995

The Gateway, Reed Street, Hull, HU2 8BL

2bedrooms
1bathroom
Apartmenttype
499sq ft
Leaseholdtenure

Listed 11 Dec 2025 · price reduced 14 Aug 2026 · Hull

How the price compares

This home£59,995£120 per sq ft
Median 2 bed in HU2£85k7 homes listed · £151 per sq ft
Difference-29%below the area median

About this home

Offered for sale exclusively to landlords is this well proportioned, two bedroom, ground floor apartment in Hull City Centre. Sold with tenant in situ, currently paying £525 pcm, this property is ideal for landlords looking to add to their portfolio but would also suit those starting out on their investment journey.

Built in 2007, the property benefits from 180 years remaining on the lease and a 'C' rating on the Energy Performance Certificate (EPC).

Briefly comprising, to the ground floor: secure entry via intercom system and communal entrance, The apartment has its own private hallway with access to all room and a large storage cupboard, open plan lounge/ kitchen, two bedrooms and the bathroom with a three-piece suite, including a bathtub.

Ideally located in Hull City Centre, close to all local amenities including Paragon bus/train station, shops, bars, restaurants and transport links.

Viewing is highly recommended and can be arranged via our office.

Communal Entrance - Secure entrance via communal door with intercom system

Hallway - Access via solid door into private hallway with access to all rooms and a large storage cupboard.

Lounge/ Kitchen - 5.53m x 4.28m max (18'1" x 14'0" max) - With double glazed window to the front with carpet flooring and radiator to living area. Kitchen fitted with a range of base and wall mounted units, inset stainless steel sink, inset four-ring electric hob with extractor over and built in oven below.

Bedroom One - 3.31m x 3.01m (10'10" x 9'10") - A generous double bedroom with double glazed window, carpet flooring and radiator.

Bedroom Two - 2.71m x 2.34m (8'10" x 7'8") - With double glazed window to the front, carpet flooring and radiator.

Bathroom - 2.55m x 1.35m (8'4" x 4'5") - Fitted with a three-piece suite in white, comprising panelled bath with shower over, pedestal sink unit and low level WC. With heated towel rail and tiling to splashback areas.

Council Tax Band - We have been advised the property is council tax band B, payable to Hull City Council.

Additional Information - Tenure:

Leasehold - 199 years from 23 April 2007 less 1 day

Service Charge: £231 per quarter (£924 per annum).

Ground Rent: £125 per annum.

Property details

Property type
Apartment
Size
499 sq ft / 46 sq m
Council tax band
B
Tenure
Leasehold
Lease remaining
180 years left
Ground rent
£125 per year (Ask agent about the review period)
Service charge
£924 per year

Floorplan

Floorplan 1

Location

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  • Hull Station0.3 mi
  • New Holland Station3.3 mi
  • Cottingham Station3.5 mi

What nearby homes sold for

Median sold prices in HU2 over the last 12 months: flat £85k · terraced £117k.

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in HU2

Buying costs

Monthly repayment£300£6,000 deposit · £53,996 loan
Stamp Duty£0England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Riverside, Hull on Rightmove (original listing). First listed 11 Dec 2025; details checked 7 Nov 2026. Latest change: reduced on 14/08/2026.

Agent disclaimer

Disclaimer - Property reference 34351583. 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 Riverside, 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.

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Reed Street, Hull

Listed 10 Jun 2026