1 bed Flat For Sale £40,000
This beautifully presented one bedroom flat presents an ideal buy-to-let investment opportunity, generating a superb yield near 6% net. Situated on the top (third) floor it compromises an entrance hallway; reception room with large window providing wonderful views; good sized double bedroom; bathroom with three-piece suite and shower over bath; a modern and fully-fitted kitchen complete with appliances. 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 has something on offer for everyone being home to the city’s best restaurants, pubs and shops and the peaceful Hull Marina which offers 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 providing 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 are 7% up on 2019’s figures and over £250million of investment it planned for the city so it offers excellent potential for capital growth, this property won’t be around for long so don’t miss out and enquire today.
Financial Breakdown
Gross rent: £4,940
Ground rent: £75
Service charge: £2,552
Net income: £2,313
Gross yield: 12.35%
Net yield: 5.78%
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-07181
Anlaby Road is convenitently just two miles from Hull City centre, which has something on offer for everyone being home to the city’s best restaurants, pubs and shops and the peaceful Hull Marina which offers 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 providing 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 are 7% up on 2019’s figures and over £250million of investment it planned for the city so it offers excellent potential for capital growth, this property won’t be around for long so don’t miss out and enquire today.
Financial Breakdown
Gross rent: £4,940
Ground rent: £75
Service charge: £2,552
Net income: £2,313
Gross yield: 12.35%
Net yield: 5.78%
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-07181
