Property Details
Offers Over £160,000
4 bedrooms
Morpeth Street, Hull
**INVESTMENT OPPORTUNITY – OFFERS INVITED BETWEEN £160,000 - £170,000**
An excellent opportunity to acquire a high-yielding investment property generating a minimum 10.5% yield per annum**. This well-maintained block comprises four fully tenanted self-contained flats/studios, ideally located on Morpeth Street, just off the popular Spring Bank and within easy reach of the city centre.
This turnkey investment is perfect for landlords looking for a hands-off approach, with the option to continue our professional full-management service.
PROPERTY OVERVIEW*
Flat 1 – One-bedroom ground-floor flat with private rear garden.
- Rent: £395 PCM
- Council Tax Band: A
- EPC Rating: E
Flat 2 – One-bedroom first-floor flat.
- Rent: £395 PCM
- Council Tax Band: A
- EPC Rating: C
Flat 3 – Second-floor studio apartment.
- Rent: £350 PCM
- Council Tax Band: A
- EPC Rating: D
Flat 4 – First-floor rear studio.
- Rent: £340 PCM
- Council Tax Band: A
- EPC Rating: D
ADDITIONAL FEATURES
- External insulation to the rear of the property and dormers, enhancing energy efficiency.
- Fully tenanted with a strong rental history.
- Convenient location with excellent transport links and amenities nearby.
IMPORTANT NOTICE: Due to the size of Studio 4, some lenders may not offer a mortgage. Buyers are advised to check mortgage eligibility before arranging a viewing.
VIEWINGS STRICTLY BY APPOINTMENT – Demand for investment opportunities like this is high, so early viewing is recommended. Contact our office today to arrange a viewing.
Council Tax Band: A (Hull Council Tax)
Tenure: Freehold
Garden details: Communal Garden
Electricity supply: Mains
Heating: Gas Mains
Water supply: Mains
An excellent opportunity to acquire a high-yielding investment property generating a minimum 10.5% yield per annum**. This well-maintained block comprises four fully tenanted self-contained flats/studios, ideally located on Morpeth Street, just off the popular Spring Bank and within easy reach of the city centre.
This turnkey investment is perfect for landlords looking for a hands-off approach, with the option to continue our professional full-management service.
PROPERTY OVERVIEW*
Flat 1 – One-bedroom ground-floor flat with private rear garden.
- Rent: £395 PCM
- Council Tax Band: A
- EPC Rating: E
Flat 2 – One-bedroom first-floor flat.
- Rent: £395 PCM
- Council Tax Band: A
- EPC Rating: C
Flat 3 – Second-floor studio apartment.
- Rent: £350 PCM
- Council Tax Band: A
- EPC Rating: D
Flat 4 – First-floor rear studio.
- Rent: £340 PCM
- Council Tax Band: A
- EPC Rating: D
ADDITIONAL FEATURES
- External insulation to the rear of the property and dormers, enhancing energy efficiency.
- Fully tenanted with a strong rental history.
- Convenient location with excellent transport links and amenities nearby.
IMPORTANT NOTICE: Due to the size of Studio 4, some lenders may not offer a mortgage. Buyers are advised to check mortgage eligibility before arranging a viewing.
VIEWINGS STRICTLY BY APPOINTMENT – Demand for investment opportunities like this is high, so early viewing is recommended. Contact our office today to arrange a viewing.
Council Tax Band: A (Hull Council Tax)
Tenure: Freehold
Garden details: Communal Garden
Electricity supply: Mains
Heating: Gas Mains
Water supply: Mains
Map
Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective purchaser. Any internal photographs are intended as a guide only and it should not be assumed that any of the furniture/fittings are included in any sale. Where shown, details of lease, ground rent and service charge are provided by the vendor and their accuracy cannot be guaranteed, as the information may not have been verified and further checks should be made either through your solicitor/conveyance. Where appliances, including central heating, are mentioned, it cannot be assumed that they are in working order, as they have not been tested. Please also note that wiring, plumbing and drains have not been checked.
