Property photos
Freehold
Guide price
£75,000
2 bed end terrace house for sale
Folkestone Street, Hull HU52 beds
1 bath
1 reception
EPC rating: D
Key Information
Tenure:
Freehold
Council tax band:
A
Local area information
Property location
Nearby amenities
- Stepney Primary School 0.2 miles
- St Vincent's Voluntary Catholic Academy 0.3 miles
- Hull 1.3 miles
- Cottingham 2.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Reservation Fee Applicable
- T&c's Apply
- Lucrative investment: Two-bedroom property with tenants currently achieving £525 per calendar month.
- Situated just off Beverley Road, offering easy access to local amenities.
- Convenient transport links: Close proximity to city center and Newland Avenue.
- Residents can enjoy the vibrant atmosphere of Princes Avenue within walking distance.
- Spacious accommodation: Two generously sized bedrooms for comfortable living.
- Well-connected: Excellent transportation options for hassle-free commuting.
- Investment potential: Ideal opportunity for investors seeking steady rental income and long-term growth.
- Gross approx yield 8.4%
***Guide Price £75,000 - £85,000 plus Reservation Fee***
Investment Opportunity: This two-bedroom property presents an enticing investment opportunity, currently yielding £525 per calendar month (£6,300pa) gross yield approx 8.4% with reliable tenants in place. Strategically situated just off Beverley Road, it offers not only a steady rental income but also promising potential for long-term growth.
Convenient Location: This property boasts easy access to an array of local amenities and excellent transport links to the entire city center. Residents will appreciate the convenience of having Newland Avenue and Princes Avenue within walking distance, where an abundance of shops, cafes, restaurants, and recreational options await.
Spacious Accommodation: The property features two generously sized bedrooms, providing comfortable living space for tenants. With a layout designed for practicality and functionality, it offers a cosy atmosphere that tenants will love to call home.
Well-Connected: Its proximity to major transportation hubs ensures seamless connectivity, making it an ideal choice for tenants seeking convenience in their daily commute. Whether travelling by bus, car, or bike, residents can easily navigate the city and beyond.
Investment Potential: With its current rental income and desirable location, this property presents an attractive opportunity for investors looking to expand their portfolio. Don't miss out on the chance to secure a lucrative investment in this thriving area. Schedule a viewing today to explore the potential this property has to offer!
**Fees, Exclusivity, and Disclaimer:**
**Fees:**
**Reservation Fee:** Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 2% to a minimum of £2500 plus VAT. The Reservation Fee is paid on top of the purchase price. This reservation fee ensures that the property is taken off the market as soon as a sale is agreed, eliminating gazumping, time wasting, and financial loss.
The Reservation Fee can be refunded under certain circumstances;
i.e the seller deciding to pull out, a chain collapsing or structural issues verified by a structural survey. For more information on what would qualify for a refund then please speak to the office
**Exclusivity:**
Following the payment of the reservation fee, rezee will facilitate a fixed exclusivity period of 60 days from draft contracts being issued. During this time the property will be reserved, so there will be no risk of gazumping.
**Process:**
Our process:
1. Register your interest
2. Prepare your finances for the purchase
3. Arrange a viewing
4. Make an offer
5. Secure your sale using our secure system
6. Exchange and complete
**Disclaimer:**
The property has a Ready Sale Pack, which gives additional information regarding the property. It is the Buyer’s responsibility to request & examine the Ready Sale Pack before committing to purchase the property. We advise you also carry out your own due diligence prior to making an offer.
The Buyer is required to verify their id & show proof of funds.
rezee offers additional services, such as conveyancing, financial advice, surveying & other services associated with selling & buying a property. rezee may receive a referral fee for these third-party services.
We endeavour to make our sales 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.
Investment Opportunity: This two-bedroom property presents an enticing investment opportunity, currently yielding £525 per calendar month (£6,300pa) gross yield approx 8.4% with reliable tenants in place. Strategically situated just off Beverley Road, it offers not only a steady rental income but also promising potential for long-term growth.
Convenient Location: This property boasts easy access to an array of local amenities and excellent transport links to the entire city center. Residents will appreciate the convenience of having Newland Avenue and Princes Avenue within walking distance, where an abundance of shops, cafes, restaurants, and recreational options await.
Spacious Accommodation: The property features two generously sized bedrooms, providing comfortable living space for tenants. With a layout designed for practicality and functionality, it offers a cosy atmosphere that tenants will love to call home.
Well-Connected: Its proximity to major transportation hubs ensures seamless connectivity, making it an ideal choice for tenants seeking convenience in their daily commute. Whether travelling by bus, car, or bike, residents can easily navigate the city and beyond.
Investment Potential: With its current rental income and desirable location, this property presents an attractive opportunity for investors looking to expand their portfolio. Don't miss out on the chance to secure a lucrative investment in this thriving area. Schedule a viewing today to explore the potential this property has to offer!
**Fees, Exclusivity, and Disclaimer:**
**Fees:**
**Reservation Fee:** Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 2% to a minimum of £2500 plus VAT. The Reservation Fee is paid on top of the purchase price. This reservation fee ensures that the property is taken off the market as soon as a sale is agreed, eliminating gazumping, time wasting, and financial loss.
The Reservation Fee can be refunded under certain circumstances;
i.e the seller deciding to pull out, a chain collapsing or structural issues verified by a structural survey. For more information on what would qualify for a refund then please speak to the office
**Exclusivity:**
Following the payment of the reservation fee, rezee will facilitate a fixed exclusivity period of 60 days from draft contracts being issued. During this time the property will be reserved, so there will be no risk of gazumping.
**Process:**
Our process:
1. Register your interest
2. Prepare your finances for the purchase
3. Arrange a viewing
4. Make an offer
5. Secure your sale using our secure system
6. Exchange and complete
**Disclaimer:**
The property has a Ready Sale Pack, which gives additional information regarding the property. It is the Buyer’s responsibility to request & examine the Ready Sale Pack before committing to purchase the property. We advise you also carry out your own due diligence prior to making an offer.
The Buyer is required to verify their id & show proof of funds.
rezee offers additional services, such as conveyancing, financial advice, surveying & other services associated with selling & buying a property. rezee may receive a referral fee for these third-party services.
We endeavour to make our sales 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.
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
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Property descriptions and related information displayed on this page are marketing materials provided by - rezee. 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 rezee for full details and further information.