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Princes Avenue, Hull

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

Key property 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.

• 9 Bedroom Block of Flats
• £415,000 Asking Price

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