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Thoresby Street, Hull HU5 2 bed block of apartments for sale
Thoresby Street, Hull, HU5
£120,000
Thoresby Street, Hull, HU5
£120,000
Our Summary
- An excellent investment opportunity, this freehold building comprises two self-contained flats — a ground floor and first floor apartment — currently achieving a combined rent of £1,145 per calendar month, producing a combined annual income of £13,740
- Offering a ready-made investment with tenants already in situ, this property combines strong rental returns with excellent long-term growth potential
Description
This freehold property in Hull's vibrant Princes Avenue offers an excellent investment opportunity, comprising two self-contained flats that currently generate a combined annual income of £13,740. The property produces a gross yield of 11.45% based on a purchase price of £120,000, making it a superb addition to any buy-to-let portfolio. The location is highly sought-after, with a lively café culture, independent bars, and restaurants nearby, as well as easy access to Pearson Park, Hull City Centre, and the MKM Stadium. With tenants already in situ, this property offers a ready-made investment with strong rental returns and excellent long-term growth potential.