2-Bed BTL in Hull

The proposed strategy is to acquire the property and let it to tenants for consistent rental income and longer-term capital growth. The figures should be reviewed alongside local demand, expected running costs and finance terms.
This area has been shown to have a high capital growth.
This deal can generate high cashflow.
This property offers a high yield in rental income, therefor being a great cashflow generating asset.

Off-Market - 2-Bed BTL | Tenant in Situ | HULL, HU3

£45,000 Purchase | 13% Gross Yield | 19% ROCE

2 Bed | 1 Bath | 70m² | Duplex Apartment

This is available as part of a portfolio of 4 leasehold flats in Hull(all priced @ £45k), purchasable individually or as a complete portfolio.

A low-entry-cost, income-producing BTL with tenant already in situ, offering immediate rental income and no refurbishment required.

Short Lease - Lease: Approx. 89 years remaining
Service Charge: £917 p.a.
Ground Rent: £10 p.a.

Well positioned close to Hull Royal Infirmary Hospital, Hull City Centre and excellent transport connections.

Portfolio Opportunity: This property is also available as part of a 4-property leasehold portfolio in Hull, with the option to purchase individually or as a complete package.

Interested? Get in touch now for the full deal breakdown and portfolio details.

Financial Information
Current value: £45,000
Purchase price: £45,000
Purchase costs: £45,000
Refurb/works cost: £0
Sourcing fee: £4,000
GDV: £45,000
Monthly rent: £495
Annual rent: £5,940
Investment required: £19,500