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17 bedroom block of apartments for sale
Beverley Road, Hull
£875,000
Beverley Road, Hull
£875,000
Our Summary
- BLOCK OF 17 FLATS - IF FULLY OCCUPIED WITH AVERAGE RENT OF £475 PCM PROPERTY WOULD ACHIEVE £96,900 ANNUALLY - FANTASTIC RENTAL OPPORTUNITYWelcome to Beverley Road, Hull, where investment opportunity meets convenience in this well-maintained block of flats
- Boasting 17 flats within the building, this property presents a lucrative investment opportunity
- Currently, the rental income, based on 15 of the 17 flats being occupied, stands at £7,100 pcm, showcasing the potential for solid returns on investment
- This block of flats on Beverley Road offers an excellent investment opportunity in a prime location
Description
This block of 17 flats on Beverley Road in Hull offers a fantastic rental opportunity, with a current average rent of £475 per calendar month. If fully occupied, the property would generate an annual income of £96,900. The flats are well-maintained and provide comfortable living spaces, with each unit comprising bedrooms, bathrooms, and kitchens. The property features off-street parking and a communal area to the rear, making it an attractive option for students, young professionals, or families. With solid rental income and a prime location, this property presents an excellent investment opportunity for savvy investors looking to capitalize on Hull's rental market.