6 bedroom block of apartments for sale

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6 bedroom block of apartments for sale

Beverley Road, Hull
£475,000

Our Summary

  • Nestled on Beverley Road in Hull, this exceptional property presents a remarkable investment opportunity

Description

This exceptional property on Beverley Road in Hull offers a remarkable investment opportunity, comprising four beautifully renovated apartments with a total area of 592 square feet. Each flat is spacious and meticulously maintained, featuring 5 reception rooms, six bedrooms, and six bathrooms, making it an ideal choice for student accommodation. The property is currently rented to students for the ongoing academic year and has already secured tenants for the next year, providing a seamless transition and consistent rental income. With an impressive gross rental yield of 8.8%, the property offers strong financial potential and minimal running costs, as tenants pay their own utilities. The turnkey investment allows for immediate cash flow with minimal effort required to manage the property, and its strategic location ensures easy access to the University of Hull, local amenities, and transport links, further enhancing its appeal to prospective tenants. Overall, this property is a rare find in the Hull property market, offering a well-appointed living space that meets the needs of today's students and a sound financial investment.
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