Minimum Rent

Select the property minimum rent
£0

Minimum Yield

Select the property minimum yield
0%

Bedrooms

Select how many bedrooms you want

Type of Property

Select the property types you want

Property ID: 218410927
Monthly Income
£9,475
Current Yield
7.6%
Tenancy status
Tenanted
CapitalAppreciation
+3.8%
Exclusive Investment Grade Opportunity

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.

Cash Purchase
Mortgage
Purchase Price
Assumed purchase price based on home report value
Stamp Duty Tax
Est. Legal Fees
Monthly Running Costs
Calculated Returns
Capital appreciation calculated based on location, property type, and market value. Learn more
Current Rent
Potential Rent
Purchase Costs
Net Rental Income9475/mo
Monthly Capital Appreciation/mo
Total Net Returns/mo
Total ROI
Current Monthly Rent
£9475 pcm
Current Rental Yield
7.6%
Potential Market Value Rent
£9475 pcm
Potential Rental Yield
7.6%
Estimated Monthly Capital Appreciation
£4750
Area Capital Appreciation Rate
+3.8%

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.

Ground Rent
Freehold
Factor Fees/Running Costs
TBC
Total Estimated Costs
unknown
Floor plans
Floor plan 1
Click to view
Floor plan 2
Click to view
Floor plan 3
Click to view
Floor plan 4
Click to view
Floor plan 5
Click to view
Floor plan 6
Click to view
Floor plan 7
Click to view
Floor plan 8
Click to view
Floor plan 9
Click to view
Floor plan 10
Click to view
Floor plan 11
Click to view
Floor plan 12
Click to view
Floor plan 13
Click to view
Loading...
Yearly Net Profit
Current Yearly Rent
£113,700
Annual Capital
Appreciation
£30,000
Yearly Factor Fee /
Service Charge
TBC
Other Yearly Costs
None
Indicated
Annual Net Returns
£143,700