2 Bed Terraced House, Single Let, Hull, HU4 7LL £112,500

13 Swanage Walk, Hull, HU4 7LL - 7 days ago
BTL
70

Property History

Listed for £112,500

January 9, 2026

Sold for £88,000

2007

Description

Tenanted Buy-to-Let Investment | Long-Term Tenant | Strong Upside Potential
Property Description
13 Swanage Walk is a well-presented buy-to-let investment property located within an established residential area of Hull. The property is being sold with the current tenant in situ, providing an investor with immediate rental income from completion.

The tenant has occupied the property for approximately 12-13 years, demonstrating long-term stability and reliable rental performance. This makes the property particularly attractive to investors seeking a low-risk, hands-off investment.

In addition to the strong tenancy history, the property offers clear rental growth potential, with an agreed rent increase due in February 2026 and further scope to align with current market levels.

Returns, Outgoings & Investment Numbers
Asking Price: £112,500

Rental Income

Current rent: £475 per calendar month (£5,700 per annum)
Confirmed rent increase (Feb 2026): £550 per calendar month (£6,600 per annum)
Market rent potential: Up to £700 per calendar month (£8,400 per annum)
Yield Overview

Current gross yield: Approx. 5.1%
Post-increase gross yield: Approx. 5.9%
Market rent gross yield: Approx. 7.5%
This staged rental uplift provides an investor with both immediate income and future growth, making the asset suitable for long-term holding.

Property Information
Address: Swanage Walk, Hull, HU4 7LL
Tenure: Freehold (assumed - to be confirmed by solicitors)
Tenancy: Tenant in situ
Tenant History: 12-13 years
Letting Status: Income producing from day one
Sale Type: Investment only (not vacant possession)
The property has been continuously let for over a decade, highlighting its strong rental demand and tenant retention.

Summary
Tenanted buy-to-let investment
Tenant in situ for 12-13 years
Immediate rental income on completion
Confirmed rent increase to £550 pcm (Feb 2026)
Market rent potential of up to £700 pcm
Strong long-term rental demand
Attractive asking price of £112,500
A stable, income-producing investment with clear rental growth potential - ideal for investors seeking security and future upside.

LET PURE INVESTOR TAKE THE STRAIN AWAY .....
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Agent Details

Pure, Manchester

0161 524 5533

Next Steps?

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