Key information

Tenure: Freehold

Council tax: Band A

Mobile signal:

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Features and description

Three bedrooms
LET WITH EXISTING TENANTS or SOLD WITH VACANT POSSESSION
Gross annual income of £20,800
16% gross yield
Managed by professional letting agent
Communal lounge
Spacious kitchen/diner
Freehold
Council tax band a
EPC RATING C

GUIDE PRICE £130,000

This THREE BEDROOM HOUSE is a ready-made investment, currently generating a GROSS ANNUAL INCOME OF £20,800 and offering a STRONG 16% YIELD. All rooms are TENANTED, and the property is MANAGED BY A PROFESSIONAL LETTING AGENT, who can continue after the sale for a smooth handover. The house includes a LOUNGE, SPACIOUS KITCHEN/DINER, and BATHROOM, with LOW MAINTENANCE FRONT AND REAR GARDENS. Situated in a POPULAR LOCATION close to LOCAL AMENITIES and TRANSPORT LINKS, this property is well-suited for investors seeking reliable returns. The property can be sold with vacant possession so potentially suitable for families or First Time Buyers.

Our Thoughts:

As an agent, I am pleased to present this FULLY LET THREE BEDROOM HOME, which stands out as a solid investment opportunity. The property is already generating a STRONG INCOME and is managed by a PROFESSIONAL LETTING AGENT, ensuring a straightforward transition for any buyer. Each of the THREE BEDROOMS is currently occupied, and the communal areas, including the LOUNGE and KITCHEN/DINER, are well-maintained and practical for shared living. The property’s location is a real advantage, with easy access to SHOPS, TRANSPORT, and LOCAL SERVICES, making it attractive to tenants and helping to maintain high occupancy rates. This is a TURNKEY INVESTMENT that would make a valuable addition to any portfolio.

Owners Thoughts:

We have found this property to be a reliable source of income, with all THREE ROOMS consistently let. The tenants appreciate the SPACIOUS COMMUNAL AREAS and the convenience of being close to LOCAL AMENITIES and TRANSPORT LINKS. The LOW MAINTENANCE GARDENS at the front and rear have made upkeep easy, and the house has always attracted interest from potential tenants. We are confident that this property will continue to perform well for its next owner.

Tenure

The property is freehold.

Council Tax

Council Tax is payable to the Kingston Upon Hull Council. From verbal enquiries we are advised that the property is shown in the Council Tax Property Bandings List in Valuation Band A.*

Fixtures & Fittings

Certain fixtures and fittings may be purchased with the property but may be subject to separate negotiation as to price.

Disclaimer

*The agent has not had sight of confirmation documents and therefore the buyer is advised to obtain verification from their solicitor or surveyor.

Viewings

Strictly by appointment with the sole agents.

Mortgages

We will be pleased to offer expert advice regarding a mortgage for this property, details of which are available from our Newland Avenue office. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.

Valuation/Market Appraisal:

Thinking of selling or struggling to sell your house? More people choose Beercocks in this region than any other agent. Book your free valuation now!

Important Buyer Information: To progress your offer, we are legally required to verify your identity, confirm your source of funds, and assess affordability. This process incurs a fee of £50 (inc. VAT) for sole buyers, or £100 (inc. VAT) for joint buyers, regardless of the number of individuals involved.

Property information from this agent

Brochure PDF

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About this agent

Beercocks - Newland Avenue

154 Newland Avenue Hull HU5 2NN

01482 763506

Full profile Property listings

Welcome to beercocks, your one-stop shop for property in Hull, Beverley, East Riding of Yorkshire, and the wider North Lincolnshire area. Whether you’re looking to buy, sell or rent, we’ve got all your bases covered thanks to the fact that we’re open seven days a week and have a highly experienced team of property professionals who can help you no matter what you’re looking for, be it valuations, house sales, rentals or legal and financial services. We’re a family-run business and pride ourselves on that personal touch for all our clients, while making excellent use of the very latest technology at our disposal to make our business operations highly efficient. We appreciate that buying or selling can be stressful and that is why we are here to guide you through the process every step of the way. We are 100 per cent committed to achieving the highest prices for all our clients keen to sell their homes as quickly as possible – and we’re 100 per cent transparent as well. Do you want to see how the sale of your property is going? Simply log onto our vendor tracking system and track the progress of your sale 24 hours a day, seven days a week. We’re not just here to put your house on the market, we’re also here to make sure your property sells – and for the right price. To that end, we produce high definition video tours of all our clients’ houses which are easily shareable online via social media and other sites to help boost the visibility of your house and guarantee you the sale you’re looking for. You can also take advantage of our professional photography skills and equipment to ensure that your house is shown off to prospective buyers at its very best. Undoubtedly, the quality of photographs has a real impact on the number of viewings sellers receive, something we here at beercocks completely understand. We use a wide-angle lens camera to capture your home and increase your viewings, giving you the best chance of securing the price you’re looking for when you sell. Deciding to sell up and move on can be a very emotional time but selling through beercocks can make the entire process a lot simpler – and a lot more enjoyable for all. To find out more about the services we have to offer, get in touch with our experienced and friendly team today.