A portfolio of terraced houses and a commercial unit 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 portfolio features multiple spacious bedrooms, large lounges, fully-equipped kitchens with dining areas, well-maintained bathrooms and WC, expansive garden areas and designated parking spaces. The commercial unit is currently operating as an office with 11 rooms and WCs. Breakdown of the Properties: 5 Terraced Houses in Southcliff Road 1 Terraced House in Leo Terrace 3 Terraced Houses in Queen Street 2 Terraced Houses in Lascelles Avenue Office Building in Queen Street2 Flats in Queen Street Investment details The portfolio currently produces an annual gross income of £113,700 with tenants currently situated. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio. 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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