£175,000
3 bed block of flats for saleColtman Street, Hull HU3
3 beds
3 baths
3 receptions
EPC Rating: G
- Freehold
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About this property
Investment property
Block of flats
Rent per year £15,900
Net Yield 9.09%
Investment Property – 3 Self-Contained Apartments
This freehold property has been sympathetically converted from a single dwelling into three self-contained apartments, each with its own utility supplies. The building, while not listed, sits within the St Andrews Ward Conservation Area.
The flats have recently undergone extensive refurbishments, providing modern accommodation while retaining the character of the property. All apartments are currently let on a bills-excluded basis (correct at the time of listing), producing a total annual rent of £17,100 and a net yield of 9.78%.
Current Rent Schedule (correct at time of listing):
Flat 1 – £450 pcm
Flat 2 – £500 pcm
Flat 3 – £475 pcm
Further Information:
Council Tax Band: A
Tenure: Freehold
This is a strong investment opportunity offering a healthy yield in a popular rental location.
Flat 1 122 Kitchen
Flat 1 122 Living Room
Flat 1 122 Bedroom
Flat 1 122 Bathroom
Flat 2 122 Kitchen
Flat 2 122 Living Room
Flat 2 122 Bedroom
Flat 2 122 Bathroom
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