TENANNTED INVESTMENT IN HULL



Grove Street, Hull, City Of Kingston Upon Hull HU5 2UZ 


Market Value £85,000
Purchase Price £75,000


Est. Rent £450 pcm
Discount £10,000

PROPERTY TYPE

Terraced

BEDROOMS

 x 2

BATHROOMS

x 1

Freehold. 2 bedroom terraced. Yorkshire!

- Extended
- Gas Central Heating
- Double Glazing
- Rear Courtyard

The property benefits from spacious rooms and utility space. Two bedrooms, large lounge/diner, modern fitted kitchen and a good size family bathroom.

The property has a rear courtyard and lawn to the front. 


Tenanted @ £450 pcm.



Comparables
  • 14 Edgecumbe Street - A 2 bedroom end of terrace, sold in August 2020 for £88,275.
  • 94 Worthing Street - A 2 bedroom end of terrace, sold in July 2020 for £87,500.

Greater Manchester

Reception

Outdoor Space

Bedroom

Outdoor Space

Bedroom

Outdoor Space

Bedroom

Bedroom

PROPERTY TYPE

Terraced

BEDROOMS

x 2

BATHROOMS

x 1

Fully Licenced, Active HMO 

  • 20 bedrooms (2 Adjoining terraced properties)
  • Part good condition with works to be done on remaining 10 flats.
  • Standard construction
  • Refurb required: 10 flats currently part-refurbished
  • Refurb costs: Costs to refurb remaining flats is approx. £80,000  (Builder's quote)

*10 flats currently bringing in £54,000 per annum. The other 10 flats currently part-refurbed will bring in another £54,000 per annum once completed.


• Situated on the Main Road!
• Few mins away from Hull City Centre!
• Easy Access to Shops, Amenities and Transport Links!
• High Rental Demand!
• Proven Area - Area with a lot of Private Landlords!
Freehold. 2 bedroom terraced. Yorkshire!

- Extended
- Gas Central Heating
- Double Glazing
- Rear Courtyard

The property benefits from spacious rooms and utility space. Two bedrooms, large lounge/diner, modern fitted kitchen and a good size family bathroom.

The property has a rear courtyard and lawn to the front. 


Tenanted @ £450 pcm.

  • Why Birmingham?


    Heaviliy Developing City comes with million of Opportunites


    New development throughout the recent years:


    HSBC relocation

    New transports facilities  - Trams for inner and outer city

    New street Station redevelopment

    China Town redevelopment

    Grand Central


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