4 Bed Terraced House For Sale Morpeth Street, Hull, HU3

£180,000- Terraced

1 of 15
  • Description
  • Street View
  • Maps
Last Updated: 8th May 2024

Description

Amazing investment opportunity, currently tenanted and yielding approx 9% p.a. A block of four self-contained flats/studios in a well-maintained property located on Morpeth Street off the popular Spring Bank and convenient for the city centre. We can also continue our local full-management service for a ready to go, hands-off investment.

Due to studio 4's room size, some lenders will not lend for a mortgage. Please ensure you check that you can get a mortgage before booking in for a viewing.

Flat 1:
One-bedroom ground floor flat with rear garden. Achieving £375 per month.
Council Tax Band - A
EPC rating - E

Flat 2:
One-bedroom, first-floor flat. Achieving £375 per month
Council Tax Band - A
EPC Rating - C

Flat 3:
Second-floor studio. Achieving £325 per month
Council Tax Band - A
EPC Rating - D

Flat 4:
First-floor studio at the rear. Achieving £315 per month
Council Tax Band - A
EPC Rating - D

The property also has the benefit of external insulation at the rear of the property and the two dormers

OIRO £180,000.

Contact our office to arrange a viewing ASAP to avoid disappointment. Limited time slots available.

Council Tax Band: A (Hull Council Tax)
Agent Details
Higson Homes
129, Chanterlands Avenue, Hull, HU5 3TG
Show Contact Number
01482 351 351

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 4 bedroom property. See more properties like this.

£250,000
Hull, HU5
Of Multiple Occupation
9.4
£195,000
Hull, HU5
Flat
7.5
£291,000
Hull, HU5
Block Of Apartments
6.7
See More Properties
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.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested