Property photos
Just added
Freehold
£2,475,750
Property for sale
Beverley Road, Hull HU3Local area information
Property location
Nearby amenities
- Newland St John's Church of England Academy 0.1 miles
- Endsleigh Holy Child VC Academy 0.2 miles
- Hull 1.9 miles
- Cottingham 2.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Mixed portfolio of houses and self-contained flats
- £16,505 pcm (£198,060 pa)
- Mix of 1 and 2-bed flats and 3–4 bed houses
- Full occupancy with only three units on periodic tenancies
Portfolio Overview
A substantial mixed portfolio of houses and self-contained flats located across Grosvenor Mews, Grosvenor Street and Beverley Road, HU3, all in strong rental locations close to Hull city centre and the university. The properties are consistently let, with a mixture of fixed-term and periodic tenancies, producing £16,505 pcm (£198,060 pa).
The Grosvenor Mews element comprises a block of six houses and multiple flats, all fully let with rents ranging from £525 – £825 pcm. Tenancies are mainly six-month ASTs, with a small number on periodic agreements. Unit sizes range from 1-bed flats to 3-bed houses.
The Beverley Road element consists of Flats at 85,87,89 and 91 Beverley Road, plus a four-bed house at 93 Beverley Road. Rents range from £525 – £675 pcm for the flats and £975 pcm for the 4-bed house. Several units have two-person occupancy.
Overall, the portfolio offers:
• Strong rental demand across all units
• Full occupancy with only three units on periodic tenancies
• Mix of 1 and 2-bed flats and 3–4 bed houses
• Stable rent profile with long-standing tenants in several properties
• Annual rental income of £198,060
• Estimated value at an 8% yield: £2,475,750
This is a well-performing, fully let portfolio in a proven rental location, suitable for an investor seeking income stability and a strong yield with room for rental growth.
A substantial mixed portfolio of houses and self-contained flats located across Grosvenor Mews, Grosvenor Street and Beverley Road, HU3, all in strong rental locations close to Hull city centre and the university. The properties are consistently let, with a mixture of fixed-term and periodic tenancies, producing £16,505 pcm (£198,060 pa).
The Grosvenor Mews element comprises a block of six houses and multiple flats, all fully let with rents ranging from £525 – £825 pcm. Tenancies are mainly six-month ASTs, with a small number on periodic agreements. Unit sizes range from 1-bed flats to 3-bed houses.
The Beverley Road element consists of Flats at 85,87,89 and 91 Beverley Road, plus a four-bed house at 93 Beverley Road. Rents range from £525 – £675 pcm for the flats and £975 pcm for the 4-bed house. Several units have two-person occupancy.
Overall, the portfolio offers:
• Strong rental demand across all units
• Full occupancy with only three units on periodic tenancies
• Mix of 1 and 2-bed flats and 3–4 bed houses
• Stable rent profile with long-standing tenants in several properties
• Annual rental income of £198,060
• Estimated value at an 8% yield: £2,475,750
This is a well-performing, fully let portfolio in a proven rental location, suitable for an investor seeking income stability and a strong yield with room for rental growth.
More information
Listed by
Tulip Student Living
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