4 bedroom terraced house for sale

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4 bedroom terraced house for sale

Morpeth Street, Hull HU3
£150,000

Our Summary

  • **INVESTMENT OPPORTUNITY - OFFERS INVITED BETWEEN £160,000 - £170,000** An excellent opportunity to acquire a high-yielding investment property generating a minimum 10

Description

This investment property is a high-yielding opportunity that generates a minimum 10.5% yield per annum, comprising four fully tenanted self-contained flats/studios located on Morpeth Street, just off Spring Bank and near the city centre. The property is well-maintained and features external insulation to the rear, enhancing energy efficiency. The four flats are individually tenanted, with rents ranging from £340 to £395 per calendar month, and are available on a freehold tenure. The property is ideal for landlords seeking a hands-off approach, with the option to continue a professional full-management service. With a strong rental history and convenient location, this turnkey investment is perfect for those looking to generate a steady income. Offers are invited between £160,000 and £170,000, and viewings are strictly by appointment.