4 bed terraced house for sale

Morpeth Street, Hull HU3

Description

**Please note: Due to the size of Studio 4, this property is not mortgageable. Cash buyers only.**

A rare chance to pick up a fully tenanted, high-yielding block of four self-contained flats and studios on Morpeth Street - just off Spring Bank and within easy walking distance of Hull city centre. The property currently produces a minimum gross yield of 12.9% per annum, making it a strong fit for investors seeking immediate, reliable income.

A genuine turnkey purchase: Every unit is occupied, and our professional full-management service is available to continue from day one for landlords who prefer a hands-off approach.

The Accommodation

Flat 1 - Ground floor, one-bedroom with private rear garden
Rent: £415 pcm * Council Tax Band A * EPC Rating E

Flat 2 - First floor, one-bedroom
Rent: £415 pcm * Council Tax Band A * EPC Rating C

Flat 3 - Second floor studio (currently available)
Rent: £425 pcm * Council Tax Band A * EPC Rating D

Flat 4 - First floor rear studio
Rent: £360 pcm * Council Tax Band A * EPC Rating D

Fully tenanted with a strong rental track record

External insulation to the rear elevation and dormers for improved energy efficiency

Excellent location with transport links, shops and amenities on the doorstep

Optional continuation of our full-management service

Property Information
Tenure: Freehold
* Council Tax: Band A (Hull)
* Garden: Ground floor flat only
* Heating: Gas mains
* Electricity & Water: Mains

Viewings strictly by appointment. Investment stock at this yield doesn't sit on the market - get in touch with the office today to secure your slot.

Council Tax Band: A (Hull Council Tax)
Tenure: Freehold