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: 221069352
Monthly Income
£1,000
Current Yield
8.6%
Tenancy status
Tenanted
CapitalAppreciation
+4.5%
Exclusive Investment Grade Opportunity

Our latest listing is a 2-bedroom flat located in Hull. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.


For investors looking to expand their portfolio, this is a fantastic opportunity!


This well-kept home features 2 bedrooms, a spacious lounge, a well-equipped kitchen and a three-piece bathroom.


Investment details


It currently produces an annual gross income of £12,000 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.


Tenancy Details


The current tenants have lived in the property and have consistently paid their rent for the duration of their stay.


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 Income1000/mo
Monthly Capital Appreciation/mo
Total Net Returns/mo
Total ROI
Current Monthly Rent
£1000 pcm
Current Rental Yield
8.6%
Potential Market Value Rent
£1268 pcm
Potential Rental Yield
10.9%
Estimated Monthly Capital Appreciation
£525
Area Capital Appreciation Rate
+4.5%

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.

Tenant Means of Funding:

Self Funded

Length of Tenancy information has been provided by the seller as verbal and written confirmation.

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.

EPC

EPC documentation has been provided to Let Property and has been Verified.

Council Tax Band

Council Tax Band: B

Interactive street-level view of the property location and surrounding area.

Ground Rent
TBC
Factor Fees/Running Costs
£193
Total Estimated Costs
£193
EPC Rating
EPC image not availableCheck EPC documents below
EPC Documents
Loading...
Yearly Net Profit
Current Yearly Rent
£12,000
Annual Capital
Appreciation
£2,800
Yearly Ground Rent
Unknown
Yearly Factor Fee /
Service Charge
£2,316
Other Yearly Costs
None
Indicated
Annual Net Returns
£12,484