6 Bed Flat For Sale Beverley Road, Hull, HU5

£500,000- Flat

1 of 4
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Last Updated: 16th April 2024

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
Agent Details
Tulip
325/327 Beverley Road Hull HU5 1LD

Investment Analysis

Annual Rent:
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Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested