A portfolio of terraced houses and a commercial unit 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 multiple spacious bedrooms, large lounges, fully-equipped kitchens with dining areas, well-maintained bathrooms and WC, expansive garden areas and designated parking spaces. The commercial unit is currently operating as an office with 11 rooms and WCs.
Breakdown of the Properties:
5 Terraced Houses in Southcliff Road
1 Terraced House in Leo Terrace
3 Terraced Houses in Queen Street
2 Flats in Queen Street
Office Building in Queen Street
2 Terraced Houses in Lascelles Avenue
Investment details
The portfolio currently produces an annual gross income of £113,700 with tenants currently situated. Considering the purchase price and the potential rental income that could be earned in future years, 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 is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.
Tenancy Checks
Tenancy Agreement
Provided by the seller as verbal and written confirmation and documentation will be provided at Completion once the property has been secured.
Proof of Rental Income
Provided by the seller as verbal and written confirmation and documentation will be provided at Completion once the property has been secured.
Length of Tenancy
Length of Tenancy has been verified by Let Property by reviewing the date from when the provided tenancy documentation began.
Property Checks
Property Tenure
Verified as Leasehold
Property Tenure documentation has been provided to Let Property and has been Verified.
EICR
EICR documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
Gas Safety
Gas Safety documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
Interactive street-level view of the property location and surrounding area.
Appreciation
Service Charge
Indicated