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SOLD STC

Princes Avenue, Hull

PROPERTY TYPE

Block of Apartments

BEDROOMS

9

BATHROOMS

8

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • 7 Self Contained Flats
  • Fully Tenanted
  • Net Yield 8.55%
  • Total rent pa £35,040
  • Each flat has its own meters and all the tenants are responsible for the bills including council tax.

Description

Perfect investment opportunity!

A collection of 7 tenanted flats located on Princes Avenue, Hull.

The flats on offer are an ideal investment opportunity for individuals looking to start or expand their property portfolio. As this property already has tenants in every flat, it offers an immediate and hassle-free way to start building or continuing to build your portfolio.

Situated over three floors on the culture-filled Princes Avenue.
There 2 flats x 2bed, 4 flats x 1bed and 1x studio

The ground floor offers two very spacious, self-contained flats (1 bed and 2 bed) spanning the full length of the building with easy access to the back garden.

On the first floor we have another 3 flats consisting of a studio apartment with an integrated kitchen and en-suite followed by 2 - 1 bed flats again with spacious living areas.

Finally on the second floor you will find the last 2 - 1 bed apartments, one with a modern kitchen/living area and the other offering an en-suit bedroom.

Total rent pa £35,040
Net yield 8.55%

Flat 1 £495 PCM - £5,940 PA
Flat 2 £400 PCM - £4,800 PA
Flat 3 £375 PCM - £4,500 PA
Flat 4 £350 PCM - £4,200 PA
Flat 5 £450 PCM - £5,400 PA
Flat 6 £450 PCM - £5,400 PA
Flat 7 £400 PCM - £4,800 PA

Each flat has its own meters and all the tenants are responsible for the bills including council tax.
Council TAX Band A
Hull City Council

EPC Rating flat 1: C
EPC Rating flat 2: D
EPC Rating flat 3: D
EPC Rating flat 4: D
EPC Rating flat 5: C
EPC Rating flat 6: D
EPC Rating flat 7: D

Brochures

Princes Avenue, Hull
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Princes Avenue, Hull

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hull Station1.2 miles
  • Cottingham Station2.5 miles
  • New Holland Station3.9 miles
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About the agent

Tulip, Hull

325/327 Beverley Road Hull HU5 1LD

Tulip, Hull

Jamie Austin founded Tulip Estate Agents.

At 'Tulip Investment Sales' we specialise in the sale of investment properties, licensed and non-licensed H.M.O’s, commercial and tenanted properties. We have more than 25 years’ experience selling and managing tenanted properties, we help our clients who are both selling and purchasing to understand and avoid the pitfalls along the way.

Our lettings department manage residential, commercial and houses of multiple occupancy. We have a spec

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Disclaimer - Property reference 32675802. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Tulip, Hull. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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