Offers over
£160,000
4 bed terraced house for saleMorpeth Street, Hull HU3
4 beds
4 baths
4 receptions
EPC Rating: C
- Available immediately
- Freehold
Higson Homes
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About this property
Description
**investment opportunity - offers invited between £160,000 - £170,000**
An excellent opportunity to acquire a high-yielding investment property generating a minimum 10.5% yield per annum**. This well-maintained block comprises four fully tenanted self-contained flats/studios, ideally located on Morpeth Street, just off the popular Spring Bank and within easy reach of the city centre.
This turnkey investment is perfect for landlords looking for a hands-off approach, with the option to continue our professional full-management service.
Property overview*
Flat 1 - One-bedroom ground-floor flat with private rear garden.
- Rent: £395 pcm
- Council Tax Band: A
- EPC Rating: E
Flat 2 - One-bedroom first-floor flat.
- Rent: £395 pcm
- Council Tax Band: A
- EPC Rating: C
Flat 3 - Second-floor studio apartment.
- Rent: £350 pcm
- Council Tax Band: A
- EPC Rating: D
Flat 4 - First-floor rear studio.
- Rent: £340 pcm
- Council Tax Band: A
- EPC Rating: D
Additional features
- External insulation to the rear of the property and dormers, enhancing energy efficiency.
- Fully tenanted with a strong rental history.
- Convenient location with excellent transport links and amenities nearby.
Important notice: Due to the size of Studio 4, some lenders may not offer a mortgage. Buyers are advised to check mortgage eligibility before arranging a viewing.
Viewings strictly by appointment - Demand for investment opportunities like this is high, so early viewing is recommended. Contact our office today to arrange a viewing.
Council Tax Band: A (Hull Council Tax)
Tenure: Freehold
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