A Multi-Unit Property located in Hull with tenants currently situated. They are currently generating steady, rewarding rental returns for the current landlord. For investors looking for a rewarding investment, this is a brilliant opportunity! The properties feature a commercial unit with a large business area and 4 residential units with spacious rooms and kitchens. Investment details The properties currently produce an annual gross income of £25,200, making them a valuable addition to an investor’s property portfolio. The pub is now leased for £980 per month (£11,750 per year). Two 2-bedroom flats, both rented for £600 per month. One 1-bedroom flat rented for £550 per month. One studio apartment rented for £350 per month. For greater detail on this property's investment potential, please see the Let Property Pack linked below. If you are interested, please call us. Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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