2 bed terraced house for sale

Leonards Avenue, Alexandra Road, Hull, East Yorkshire HU5

Attention investors – A ready-made rental investment with tenants already in situ!

This appealing two-bedroom, forecourt-fronted period terrace is offered to the market at an asking price of £80,000, with tenants already in occupation and currently paying £600 per calendar month. That's an annual rental income of £7,200, producing an attractive potential gross rental yield of 9%. No waiting around for a tenant to move in – the rental income is already established!

Enjoying a position along a pedestrianised terrace leading off Alexandra Road, right in the popular HU5 Newland district of the city. The property is conveniently placed for the excellent local amenities and independent shops, cafés and eateries found along the vibrant Newland Avenue, making this a popular location for tenants.
The accommodation


Benefiting from gas central heating via radiators and double glazing, the well-proportioned accommodation offers a practical layout comprising a comfortable sitting room, kitchen, rear lobby and bathroom to the ground floor.

Moving upstairs, the first-floor landing provides access to two nicely proportioned bedrooms, offering comfortable accommodation for the current tenants.
Outside


To the front is an enclosed forecourt garden, whilst to the rear is a small enclosed courtyard area.
The investment details


Asking Price: £80,000

Current Rent: £600 pcm

Annual Rental Income: £7,200

Potential Gross Rental Yield: 9%

Council Tax Band: A – Kingston upon Hull City Council

EPC Rating: D

A ready-made investment with tenants in situ, an established rental income and a very appealing headline yield. Investors, this one deserves a closer look!

Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

HUL260718/8

Main Accommodation

Ground Floor

Sitting Room (3.58m x 3.43m (11' 9" x 11' 3"))

A comfortable reception room positioned at the front of the property, featuring a double-glazed walk-in bay window allowing in plenty of natural light. Accessed via the double-glazed entrance door, the room is centred around a feature gas fire set upon a marble-effect hearth, with ceiling coving, radiator and a door leading through to the kitchen. A welcoming space for tenants to relax and unwind.

Breakfast Kitchen (3.45m x 2.82m (11' 4" x 9' 3"))

A practical kitchen fitted with a range of wall and base units, complemented by laminate work surfaces and tiled splashbacks. There's a stainless steel sink unit positioned beneath the rear-facing double-glazed window, space for freestanding appliances and useful under-stairs storage. The staircase leads to the first floor, with laminate flooring and a radiator completing the space.

Rear Lobby (0.94m x 0.9m (3' 1" x 2' 11"))

A useful connecting area with a double-glazed entrance door providing access to the rear courtyard, together with a door leading through to the bathroom.

Bathroom (1.98m x 1.75m (6' 6" x 5' 9"))

Fitted with a three-piece white suite comprising a panelled bath, wash hand basin and low-flush WC. There's a side-facing double-glazed window, ceramic wall tiling and radiator.

First Floor

Landing (0.76m x 0.69m (2' 6" x 2' 3"))

A central landing providing access to both bedrooms.

Principal Bedroom (3.58m x 2.82m (11' 9" x 9' 3"))

A well-proportioned principal bedroom positioned at the front of the property, featuring a double-glazed window, ceiling coving and radiator.

Bedroom Two (2.7m x 2.6m (8' 10" x 8' 6"))

A second bedroom positioned to the rear, with a double-glazed window and radiator. Offering flexibility for tenants' sleeping arrangements or alternative use as a home office.

Outside

Front Forecourt

To the front is an enclosed forecourt garden, accessed via a gated pedestrian entrance leading to the front door.

Rear Courtyard

To the rear is a further small enclosed courtyard, with gated pedestrian access beyond.

Agent's Note One

To fulfil the obligation to share material information, please follow the web link where you'll find a comprehensive document containing key facts for buyers, providing valuable insights related to the property that you'll undoubtedly find useful.

Agent's Note Two

Hmrc is a supervisory body for money laundering regulations, of which all estate agents need to be registered. As part of this, there are multiple requirements that agents must rigorously and consistently meet to ensure they stay compliant with the regulations and protect their clients. To do this, we use an identity verification service, approved by the Government as part of the Digital Identity and Attributes Trust Framework (diatf). This method and the process we follow to ensure compliance for your transaction come with significant time, financial and legal implications hence a portion of this is passed on. We elected for this verification process due to the speed, certainty, and accuracy it delivers. This helps us to protect all our client's interests by using the most advanced verification process to help prevent the impacts of money laundering alongside our internal manual policies and procedures while staying compliant with hmrc.

Agent's Note Two Continued

The administrative charge for this process is £40 plus VAT for a sole purchaser, £65 plus VAT for two purchasers and £75 plus VAT three or more purchasers.