- Reservation Fee Applicable – T&C’s Apply +
- Book Your Viewing Today! +
- Popular & Convenient Location +
- Close to MKM Stadium & Hull Royal Infirmary +
- Approx. 10% Gross Yield (Subject to Price) +
- Both Units Currently Tenanted +
- Combined Rental Income £1,200 PCM +
- Approx. £14,000 Per Annum +
- Freehold Investment Property +
- Two Self-Contained Flats +
Guide Price £140,000 - £150,000 plus Reservation Fee
An excellent opportunity to acquire a freehold investment property comprising two self-contained flats, both currently tenanted and generating a combined rental income of approximately £1,250 PCM (£15,000 per annum). Based on the guide price, the property offers an attractive gross yield of around 10.7%, making it a strong addition to any investment portfolio.
The property is arranged as two separate two bed flats, each providing self-contained accommodation suitable for long-term tenants. With both units occupied at the time of listing, the property delivers immediate income from day one, appealing to investors seeking a ready-made, low-hassle investment.
Situated in a well-established residential area off Anlaby Road, the location is particularly convenient, being within easy reach of MKM Stadium and Hull Royal Infirmary. The area benefits from a wide range of local shops, supermarkets and everyday amenities, all within walking distance, along with excellent transport links providing access to the city centre and surrounding areas.
This is a straightforward investment opportunity offering consistent rental income, strong yield potential and a highly lettable location.
Key Features:
Freehold Investment Property
Two Self-Contained Flats
Combined Rental Income £1,250 PCM
Approx. £15,000 Per Annum
Approx. 10.7% Gross Yield (Subject to Price)
Both Units Currently Tenanted
Popular & Convenient Location
Close to MKM Stadium & Hull Royal Infirmary
Reservation Fee Applicable – T&C’s Apply
Book Your Viewing Today!
Fees, Exclusivity & Disclaimer
Reservation Fee:
Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 2% of the purchase price (minimum £2,500 + VAT). This fee is in addition to the purchase price. Once paid, the property will be immediately taken off the market, preventing gazumping, reducing delays, and providing peace of mind.
Refund Policy:
The Reservation Fee may be refunded only in specific circumstances, such as:
The seller withdrawing from the sale
A chain collapsing beyond the Buyer’s control
For full details of refund eligibility, please contact our office.
Exclusivity:
Upon payment of the Reservation Fee, Rezee grants the Buyer a fixed exclusivity period of 90 days from the issue of draft contracts. During this time, the property is reserved exclusively for the Buyer.
Buying Process:
Register your interest
Prepare your finances
Arrange a viewing
Make an offer
Secure the sale via our secure system
Exchange and complete
Important Information & Disclaimer:
A Ready Sale Pack containing detailed property information is available. Buyers are advised to review this pack and undertake their own due diligence before committing to purchase.
Buyers must verify their ID and provide proof of funds as part of our compliance process.
Rezee may offer related services (conveyancing, financial advice, surveying, etc.) and may receive referral fees from third-party providers.
While we take care to ensure sales particulars are accurate, they do not form part of any offer or contract and should not be relied upon as statements of fact.
Stamp Duty (SDLT):
Not all property purchases are subject to SDLT. Liability depends on factors such as purchase price and buyers position. Buyers should seek advice from a solicitor or tax adviser to confirm whether SDLT applies to their purchase and how much they would have to pay.
Rezee’s Approach:
Our innovative selling process provides a secure and transparent way to buy property, designed to protect all parties and reduce the risks of failed sales.