Block of flats for sale in Beverley Road, Hull HU5

£500,000
Interested in this property? Call +44 1482 236208 * or Request Details

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Block of flats for sale - 6 bedrooms

6 1 1

Tenure:
Freehold
Council tax band:
Not available

Property features

  • Invetsment Opportunity
  • Block of 5 flats
  • Student Accommodation
  • Current Rental income pa £31,460
  • Current Yield 6.3%
  • Next Academic Year potential rental income per year £40,820
  • Next Year Potentail Yiled 8.16%

Property description

Perfect investment opportunity!

A collection of 5 tenanted flats located on Beverley Road, Hull.

The flats on offer are an ideal investment opportunity for individuals looking to start or expand their property portfolio.
The flast are fully let to students and the property is in close proximity to Hull University and to the busy area of Newland Avenue

Situated over three floors on the culture-filled Princes Avenue.
There 4 flats x 1 bed and 1 flats x 2 bed

Current Rental income for academic year 2023/2024 pa £31,460
Current yield 6.3%

Next Academic Year potential rental income per year £40,820
Next Year Potentail Yield 8.16%

Flat 1

Current Rent for Academic Year 2023/2024 - £5,460.00 pa

Advertising for Academic Year 2024/2025 - £8,320.00 pa

Flat 2

Current Rent for Academic Year 2023/2024 - £7,540.00 pa

Advertising for Academic Year 2024/2025 - £8,060.00 pa

Flat 3

Current Rent for Academic Year 2023/2024 - £5,200.00 pa

Advertising for Academic Year 2024/2025 - £8,060.00

Flat 4

Current Rent for Academic Year 2023/2024 - £5,460.00 pa

Advertising for Academic Year 2024/2025 - £8,060.00

Flat 5

Current Rent for Academic Year 2023/2024 - £7,800.00 pa

Advertising for Academic Year 2024/2025 - £8,320.00

Council tax Band A
Hull City Council

For more information, contact Tulip at / or email

Property info

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Tulip, and do not constitute property particulars. Please contact Tulip for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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