For Sale: 3-Bedroom Terraced Family Home – Prime Investment Opportunity – 11 Suffolk Terrace, HU5 1PH – £115,000
An excellent opportunity for investors! This 3-bedroom terraced property, currently let to a family at £600 per month (bills exclusive), offers a net annual income of £7,200 and a net yield of 6.26% based on the asking price of £115,000. Situated in the desirable HU5 area, this property combines reliable rental income with strong potential for capital appreciation.
Property Highlights:
Ground Floor:
Spacious Living Room: Ideal for family living, providing ample space and comfort.
Modern Kitchen: A large, well-maintained kitchen designed for convenience and practicality.
Bedroom 1: Located on the ground floor for flexible accommodation options.
Gardens: The property features a large, well-maintained rear garden, perfect for outdoor activities, as well as a front garden adding to its curb appeal.
First Floor:
Two Additional Bedrooms: Generously sized rooms that further enhance this property’s appeal.
Bathroom: Well-kept and easily accessible.
Investment Potential: With a net yield of 6.26%, this property offers an attractive return on investment for buy-to-let landlords looking for steady rental income and long-term growth potential in Kingston Upon Hull’s thriving rental market.
Viewings: Available by appointment only. Contact us today to discuss this lucrative opportunity or to arrange a viewing.