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Property ID: 216860661
Offers Over
£211,000
Location
Queen Street, Hull, HU19 2AR
Size
-
Tenure
Freehold
Type of property
Commercial Unit
Current Yield
8.8%
Monthly Income
£1,540
Property Information

A portfolio of 2 flats and a terraced house located in Hull with tenants currently situated. They are currently generating steady, rewarding rental returns for the current landlord.


For investors looking for a rewarding investment, this is a brilliant opportunity!


The portfolio comprises two self-contained flats and a terraced house. The first flat includes one bedroom, a spacious living room, a kitchen, and a bathroom. The second flat offers two bedrooms, a lounge, a kitchen, and a bathroom. The terraced house features two bedrooms, a kitchen, a bathroom with a separate WC, and distinct areas for dining and living.


Investment details

The portfolio currently produces an annual gross income of £18,480 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.


For greater detail on this property's investment potential, please see the Let Property Pack linked below.


If you are interested, please call us.


Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Cash Purchase
Mortgage
Purchase Price
Assumed purchase price based on home report value
Stamp Duty Tax
Est. Legal Fees
Monthly Running Costs
Letting Agency Fees
Ownership CostsWhat are these?
Calculated Returns
Paisley benefits from an average of 4.5% capital growth. Learn more
Purchase Costs
Based on monthly income of
£1,540
Cashflow p/m
1540
Current Yield
null%
Based on potential rent of
£1,540
Cashflow p/m
1540
Potential Yield
null%
Monthly Income
£1540 pcm
Potential Rent
£1540 pcm
Length of Tenancy
2 years+
Tenant Means of Funding
SELF_FUNDED
Area Capital Appreciation Rate
-
Ground Rent
Freehold
Est. Insurance Costs
unknown
Factor Fees
-
Factor Name
unknown
Total Estimated Costs
unknown
Floor plans
floorplan
Not available for this property
Not available for this property
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Running Costs
Ground Rent
Freehold
Est. Insurance Costs
unknown
Factor Fees
-
Factor Name
unknown
Total Estimated Costs
unknown