4 bed block of flats for sale

Wellesley Avenue Beverley Road, Hull HU6

Guide Price £200,000 - £220,000 plus Reservation Fee

An excellent freehold investment opportunity producing approximately £1,350 per calendar month, consisting of three self-contained flats with a long and reliable rental history. Situated just off Beverley High Road and within easy reach of Hull University, this area is highly popular with students and long-term renters alike. The property is offered with no chain involved and vacant possession of the freehold, providing an ideal long-term addition to any investor’s portfolio.

The building comprises a large one-bedroom ground floor flat, a rear studio flat with direct access to the garden, and a spacious two-bedroom flat occupying the entire first floor. All flats with gas central heating and double glazing. The layout offers excellent flexibility and ongoing rental appeal, with each unit self-contained and independently lettable. The property has been owned by the current landlords for many years, with strong and consistent returns, making this an attractive turnkey investment.

Properties in this location are always in demand due to their proximity to the University of Hull, main bus routes, shops, and a wide range of amenities found along Beverley Road, providing strong rental potential year-round.

Key Features
• Freehold building consisting of three self-contained flats
• Approximate rental income of £1,350 per calendar month
• Large one-bedroom ground floor flat
• Rear studio flat with access to the garden
• Full first-floor two-bedroom flat
• Popular location close to Hull University
• Strong, consistent rental history
• No chain involved – ideal investment purchase

Fees, Exclusivity & Disclaimer
Reservation Fee:
Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 2% of the purchase price (minimum £2,500 + VAT). This fee is in addition to the purchase price. Once paid, the property will be immediately taken off the market, preventing gazumping, reducing delays, and providing peace of mind.

Refund Policy:
The Reservation Fee may be refunded only in specific circumstances, such as:
• The seller withdrawing from the sale
• A chain collapsing beyond the Buyer’s control
• Significant structural issues confirmed by a qualified structural survey
For full details of refund eligibility, please contact our office.

Exclusivity:
Upon payment of the Reservation Fee, rezee grants the Buyer a fixed exclusivity period of 90 days from the issue of draft contracts. During this time, the property is reserved exclusively for the Buyer.

Buying Process:
Register your interest
Prepare your finances
Arrange a viewing
Make an offer
Secure the sale via our secure system
Exchange and complete

Important Information & Disclaimer:
A Ready Sale Pack containing detailed property information is available. Buyers are advised to review this pack and undertake their own due diligence before committing to purchase.
Buyers must verify their id and provide proof of funds as part of our compliance process.
rezee may offer related services (conveyancing, financial advice, surveying, etc.) and may receive referral fees from third-party providers.
While we take care to ensure sales particulars are accurate, they do not form part of any offer or contract and should not be relied upon as statements of fact.

Stamp Duty (sdlt):
Not all property purchases are subject to sdlt. Liability depends on factors such as purchase price and buyer position. Buyers should seek advice from a solicitor or tax adviser to confirm whether sdlt applies.

rezee’s Approach:
Our innovative selling process provides a secure and transparent way to buy property, designed to protect all parties and reduce the risks of failed sales.