- Reservation Fee Applicable +
- T&C's Apply +
- Excellent long-term investment with strong returns. +
- Walking distance to local shops, amenities, and transport links. +
- Prime location near Hull Royal Infirmary and MKM Stadium. +
- Well-maintained throughout with reliable tenants in place. +
- High gross yield of 12.4%, ideal for investors. +
- Total annual rental income of approx. £23,700. +
- Flat 1: £600 PCM, Flat 2: £650 PCM, Flat 3: £725 PCM. +
- Fully let investment property with three self-contained flats. +
*Guide Price £190,000 - £200,000 plus Reservation Fee*
This fully let investment opportunity comprises three well-maintained self-contained flats, offering a total annual rental income of approximately £23,700 and delivering a strong gross yield of 12.4%. Flat one is currently let for £600 PCM, flat two for £650 PCM, and flat three for £725 PCM, making this an ideal option for investors seeking high returns.
All flats are in good condition throughout and attract reliable tenants, ensuring steady rental income. The property is situated in a highly desirable location, within easy reach of Hull Royal Infirmary and the MKM Stadium. It is also within walking distance of a variety of local shops, amenities, and transport links, making it an excellent long-term investment opportunity.
Key Features:
**Fully let investment property with three self-contained flats.
**Strong rental income of approximately £23,700 per year.
**High gross yield of 12.4%, ideal for investors.
**Well-maintained throughout, with reliable tenants in place.
**Prime location near Hull Royal Infirmary and MKM Stadium.
**Walking distance to local shops, amenities, and transport links.
This is a rare opportunity to acquire a high-yielding, fully tenanted investment property in a sought-after location. With a strong rental income, excellent condition throughout, and close proximity to key amenities, this property is perfectly suited for investors looking to expand their portfolio with a hassle-free, income-generating asset. Early viewing is highly recommended to fully appreciate the potential on offer.
Fees, Exclusivity, and Disclaimer:
Fees:
Reservation Fee: Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 2% to a minimum of £2500 plus VAT. The Reservation Fee is paid on top of the purchase price. This reservation fee ensures that the property is taken off the market as soon as a sale is agreed, eliminating gazumping, time wasting, and financial loss.
The Reservation Fee can be refunded under certain circumstances;
i.e the seller deciding to pull out, a chain collapsing or structural issues verified by a structural survey. For more information on what would qualify for a refund then please speak to the office
Exclusivity:
Following the payment of the reservation fee, Rezee will facilitate a fixed exclusivity period of 90 days from draft contracts being issued. During this time the property will be reserved, so there will be no risk of gazumping.
Process:
Our process:
1. Register your interest
2. Prepare your finances for the purchase
3. Arrange a viewing
4. Make an offer
5. Secure your sale using our secure system
6. Exchange and complete
Disclaimer:
The property has a Ready Sale Pack, which gives additional information regarding the property. It is the Buyer’s responsibility to request & examine the Ready Sale Pack before committing to purchase the property. We advise you also carry out your own due diligence prior to making an offer.
The Buyer is required to verify their ID & show proof of funds.
Rezee offers additional services, such as conveyancing, financial advice, surveying & other services associated with selling & buying a property. Rezee may receive a referral fee for these third-party services.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Stamp Duty, It's important for buyers to understand that not all property purchases incur Stamp Duty Land Tax (SDLT). Certain exemptions and thresholds exist, which may mean that some buyers won't have to pay SDLT at all. However, the specifics can vary based on several factors such as the purchase price, the buyer's circumstances and seller’s circumstances. To determine whether SDLT applies to their purchase and to understand the amount they may be required to pay, buyers are encouraged to seek advice from a solicitor.
Rezee innovative way of selling is a secure and straightforward way to buy property.
Please note: to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.
