£500,000

6 bed block of flats for sale

Property photos

Freehold

£500,000

6 bed block of flats for sale
Beverley Road, Hull HU5

6 beds

1 bath

1 reception

Key Information

Tenure:

Freehold

Council tax band:

Ask agent

Local area information

Property location

Nearby amenities

Stepney Primary School 0.1 miles
Pearson Primary School 0.3 miles
Hull 1 mile
Cottingham 2.9 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

Freehold
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%

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

Floor plans and tours

Floor plans

No floor plan available

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Tours (4)

4 virtual tours available

Step inside the property with a virtual tour or video walkthrough.

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Property descriptions and related information displayed on this page are marketing materials provided by - Tulip. Zoopla 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 Tulip for full details and further information.