2 bed Flat For Sale £50,000
This wonderful two-bedroom apartment presents an ideal buy-to-let investment opportunity, generating a superb net yield of above 7%. Situated on the second floor it consists of entrance hallway, spacious open plan living area with fully-fitted kitchen, bathroom with three-piece suite and shower over bath and two great sized bedrooms with large windows providing a tonne of natural light. The property is in a prime location on the main route into the City of Hull, positioned opposite West Park which is the perfect location to get active outdoors, being home to wide open green spaces, wildlife aviary, a children's playground, outdoor gym and skatepark.
Anlaby Road is convenitently just two miles from Hull City centre, which offers the city’s best restaurants, pubs, shops and the peaceful Hull Marina which has a range of places to eat, drink and explore. The area is well served by handy transport links and network connections, with easy access to the M62 Motorway with links to York, Leeds and Sheffield and the recently developed Hull Royal Infirmary is also within walking distance so it’s easy to see why this area is so popular with buy-to-let investors.
Properties in Hull will make a lucrative addition to a property investors portfolio providing fantastic returns on investment with a strong rental market and low entry prices, around 20% cheaper than the likes of Manchester! Property prices have increased by a fantastic 7% since 2019 and over £250million of investment it planned for the city so it offers plenty of potential for capital growth, this property won’t be around for long so don’t miss out and enquire today.
Financial Breakdown
Gross rent: £4,800
Ground rent: £38
Service charge: £2,552
Net income: £2,211
Gross yield: 9.6%
Net yield: 4.42%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-05956
Anlaby Road is convenitently just two miles from Hull City centre, which offers the city’s best restaurants, pubs, shops and the peaceful Hull Marina which has a range of places to eat, drink and explore. The area is well served by handy transport links and network connections, with easy access to the M62 Motorway with links to York, Leeds and Sheffield and the recently developed Hull Royal Infirmary is also within walking distance so it’s easy to see why this area is so popular with buy-to-let investors.
Properties in Hull will make a lucrative addition to a property investors portfolio providing fantastic returns on investment with a strong rental market and low entry prices, around 20% cheaper than the likes of Manchester! Property prices have increased by a fantastic 7% since 2019 and over £250million of investment it planned for the city so it offers plenty of potential for capital growth, this property won’t be around for long so don’t miss out and enquire today.
Financial Breakdown
Gross rent: £4,800
Ground rent: £38
Service charge: £2,552
Net income: £2,211
Gross yield: 9.6%
Net yield: 4.42%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-05956
