Louis Street, Hull,  HU3 1LY 5 bed apartment for sale

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Louis Street, Hull, HU3 1LY 5 bed apartment for sale

Louis Street, Hull, HU3 1LY
£170,000

Our Summary

  • With TOTAL RENTAL INCOME OF £14,880 PER YEAR, this is an excellent opportunity for an investor seeking a property with immediate returns and potential for rent increases in line with current market values
  • This property is a fantastic investment opportunity for anyone looking to expand their portfolio or step into the buy-to-let market
  • POTENTIAL TO INCREASE RENTS TO CURRENT MARKET VALUES
  • Potential to increase rents to current market values

Description

This charming converted house on Louis Street is an excellent investment opportunity, offering three well-maintained flats with longstanding tenants already in place. The property features a communal entrance hallway, a two-bedroom ground floor flat with access to the rear garden, and two additional flats across the first and second floors. With a total rental income of £14,880 per year, this property is already generating a solid return, and there's room to increase rents to align with current market values. The property has been well-maintained by the current owners, who have ensured the flats are in good condition and have had reliable tenants for many years. With a freehold tenure and a valuation band of A, this property is an attractive prospect for investors looking to expand their portfolio or step into the buy-to-let market.