£130,000

3 bedroom terraced house for sale

Hull, HU5 1PJ
terraced house terraced house
bedrooms 3 bedrooms
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Property description

GUIDE PRICE £130,000
This THREE BEDROOM HOUSE is a ready-made investment, currently generating a GROSS ANNUAL INCOME OF £20,800 and offering a STRONG 16% YIELD. All rooms are TENANTED, and the property is MANAGED BY A PROFESSIONAL LETTING AGENT, who can continue after the sale for a smooth handover. The house includes a LOUNGE, SPACIOUS KITCHEN/DINER, and BATHROOM, with LOW MAINTENANCE FRONT AND REAR GARDENS. Situated in a POPULAR LOCATION close to LOCAL AMENITIES and TRANSPORT LINKS, this property is well-suited for investors seeking reliable returns. The property can be sold with vacant possession so potentially suitable for families or First Time Buyers.
Our Thoughts:As an agent, I am pleased to present this FULLY LET THREE BEDROOM HOME, which stands out as a solid investment opportunity. The property is already generating a STRONG INCOME and is managed by a PROFESSIONAL LETTING AGENT, ensuring a straightforward transition for any buyer. Each of the THREE BEDROOMS is currently occupied, and the communal areas, including the LOUNGE and KITCHEN/DINER, are well-maintained and practical for shared living. The property’s location is a real advantage, with easy access to SHOPS, TRANSPORT, and LOCAL SERVICES, making it attractive to tenants and helping to maintain high occupancy rates. This is a TURNKEY INVESTMENT that would make a valuable addition to any portfolio.
Owners Thoughts:We have found this property to be a reliable source of income, with all THREE ROOMS consistently let. The tenants appreciate the SPACIOUS COMMUNAL AREAS and the convenience of being close to LOCAL AMENITIES and TRANSPORT LINKS. The LOW MAINTENANCE GARDENS at the front and rear have made upkeep easy, and the house has always attracted interest from potential tenants. We are confident that this property will continue to perform well for its next owner.
TenureThe property is freehold.
Council TaxCouncil Tax is payable to the Kingston Upon Hull Council. From verbal enquiries we are advised that the property is shown in the Council Tax Property Bandings List in Valuation Band A.*
Fixtures & FittingsCertain fixtures and fittings may be purchased with the property but may be subject to separate negotiation as to price.
Disclaimer*The agent has not had sight of confirmation documents and therefore the buyer is advised to obtain verification from their solicitor or surveyor.
ViewingsStrictly by appointment with the sole agents.
MortgagesWe will be pleased to offer expert advice regarding a mortgage for this property, details of which are available from our Newland Avenue office. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.
Valuation/Market Appraisal:Thinking of selling or struggling to sell your house? More people choose Beercocks in this region than any other agent. Book your free valuation now!
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First listed

Over a month ago

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Hull, HU5 1PJ

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Beercocks - Newland Avenue 154 Newland Avenue Hull HU5 2NN
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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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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Beercocks - Newland Avenue. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Beercocks - Newland Avenue for full details and further information.
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