INVESTMENT OPPORTUNITY - OFFERS INVITED BETWEEN £160,000 - £170,000
An excellent opportunity to acquire a high-yielding investment property generating a minimum 10.5% yield per annum**. This well-maintained block comprises four fully tenanted self-contained flats/studios, ideally located on Morpeth Street, just off the popular Spring Bank and within easy reach of the city centre.
This turnkey investment is perfect for landlords looking for a hands-off approach, with the option to continue our professional full-management service.
PROPERTY OVERVIEW*
Flat 1 - One-bedroom ground-floor flat with private rear garden.
- Rent: £395 PCM
- Council Tax Band: A
- EPC Rating: E
Flat 2 - One-bedroom first-floor flat.
- Rent: £395 PCM
- Council Tax Band: A
- EPC Rating: C
Flat 3 - Second-floor studio apartment.
- Rent: £350 PCM
- Council Tax Band: A
- EPC Rating: D
Flat 4 - First-floor rear studio.
- Rent: £340 PCM
- Council Tax Band: A
- EPC Rating: D
ADDITIONAL FEATURES
- External insulation to the rear of the property and dormers, enhancing energy efficiency.
- Fully tenanted with a strong rental history.
- Convenient location with excellent transport links and amenities nearby.
IMPORTANT NOTICE: Due to the size of Studio 4, some lenders may not offer a mortgage. Buyers are advised to check mortgage eligibility before arranging a viewing.
VIEWINGS STRICTLY BY APPOINTMENT - Demand for investment opportunities like this is high, so early viewing is recommended. Contact our office today to arrange a viewing.
Council Tax Band: A (Hull Council Tax)
Tenure: Freehold