More than £7m to be spent on converting former bank in Hull into apartments

Funding for a project to convert a disused bank in Hull city centre into apartments has been bolstered by a levelling up grant.

Hull City Council has put £550,000 of levelling up money into the conversion of the former Lloyds Bank, on the corner of George Street and Bond Street. The funding will contribute to the project worth £7.4m to convert it into 46 apartments. Coun Paul Drake-Davis, the council’s regeneration and housing portfolio holder, said it showed the Levelling Up Fund was continuing to bring investment into the city.

Artists impressions of the plans for the former bank, which dates from the 1970s, showed a glass-fronted, penthouse-style top floor. The rest of the building is set to feature a mix of studio apartments as well as one, two and three bedroom flats. Surrenden Invest, the property consultants dealing with it, have been marketing the apartments as buy to lets, with many already sold.

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