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Property ID: 216852832
Offers Over
£445,000
Location
Queen Street, Hull, HU19 2JT
Size
-
Tenure
Freehold
Type of property
Portfolio
Current Yield
5.8%
Monthly Income
£2,125
Property Information

A portfolio of 3 terraced houses 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 features three terraced houses. Two of the properties are located on Queen Street, each offering four bedrooms, a bathroom, a lounge, and a kitchen with a dining area. The third property, situated on Southcliff Road, features three bedrooms, a separate reception area, a lounge, a kitchen, and a bathroom.


Investment details


The portfolio currently produces an annual gross income of £25,500 which could be increased by the new owner to a market rate of £36,000 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
£2,125
Cashflow p/m
2125
Current Yield
null%
Based on potential rent of
£3,000
Cashflow p/m
3000
Potential Yield
null%
Monthly Income
£2125 pcm
Potential Rent
£3000 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