3 Bed Terraced House, Single Let, Hull, HU5 1NB, £120,000

• Spacious 3-Bedroom Terrace +
• 2 Ground Floor Reception Rooms +
• Upstairs Bathroom +
• Freehold +
• Council Tax Band A +
• Close To Local Amenities +
• Close To Transport Links +
• Excellent Investment Opportunity +
• Annual Rental Income Of £16,900 +
• Excellent Yield Of 13.52% Based On Price Of £125,000 +

Spacious 3-Bedroom Terrace - Tenanted Investment Opportunity

National Residential are pleased to present this generously sized 3-bedroom terraced property, currently tenanted and professionally managed by an experienced local agent, making it a turnkey investment for any landlord seeking immediate rental income.

The property generates a strong rental income of £16,900 per annum, delivering an excellent gross yield of 13.52% based on a purchase price of £125,000.

Key Features:
* Freehold - No ground rent or service charges.
* Council Tax Band: A - Affordable running costs.
* Tenanted Investment - Generating £16,900 annual income.
* Professionally Managed - Managed by an experienced local agent, ensuring a hassle-free investment.
* Spacious Interior - Three double bedrooms and two large reception rooms.
* Prime Location - Close to Hull University and key amenities, appealing to families, professionals, and students.

Well-Proportioned Living Spaces:
The property offers spacious accommodation across two floors:
* Ground Floor:
o Two generous reception rooms - ideal for family living, entertaining, or flexible working arrangements.
o Kitchen/Dining Room - with ample space for cooking and dining.
* First Floor:
o Three double bedrooms - perfect for tenants needing larger rooms.
o Family Bathroom - fitted with a three-piece suite.

Prime Location - Excellent for Investors & Residents Alike
Situated just off Beverley Road, this property enjoys close proximity to Hull's vibrant residential districts and a wide range of amenities:
* Convenience on Beverley Road:
o A variety of shops, supermarkets, and eateries all within walking distance.
* Nearby Princes Avenue & Newland Avenue:
o Lively streets known for their popular cafés, restaurants, independent stores, and nightlife - all within easy reach.
* Hull University:
o The property's location near Hull University increases rental demand, particularly among students and professionals.
* Hull City Centre:
o Easily accessible by public transport or car, offering access to St Stephen's Shopping Centre, Hull Marina, and The Deep.
Excellent Transport Links:
* Major Road Access: Convenient links to the A1079 and A63, providing straightforward travel throughout Hull and beyond.
* Reliable Bus Services: Regular services along Beverley Road, offering quick connections across the city.
* Hull Paragon Interchange: Direct rail connections to Leeds, Manchester, and London.

A Turnkey Investment with Strong Returns
With its tenanted status, annual income of £16,900, and professional management in place, this property presents a low-maintenance investment opportunity.
* Fantastic Gross Yield: 13.52% sold at a purchase price of £125,000, providing an excellent return on investment.

Book Your Viewing Today
Don't miss out on this exciting opportunity. For more information or to arrange a viewing, contact our specialist sales team today!

This property is ONLY available for purchasers who are NOT in a chain.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.

*By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 2% (minimum of £5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website.