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3 bedroom terraced house for sale
Albert Avenue, Hull, HU3 6PL
£105,000
Albert Avenue, Hull, HU3 6PL
£105,000
Our Summary
- With some cosmetic improvements carried out, the rental potential could rise to around £795 PCM, increasing the yield to over 9%
- Well-positioned for access to shops, schools, and transport links, this home offers excellent long-term rental demand and scope for added value
- The property would benefit from some cosmetic improvements, and further inspection of the flat roof at the rear is recommended
- *Key Features:3 bedrooms, including a large master bedroom2 good-sized reception roomsDownstairs bathroomRear yard & on-street parkingCosmetic improvement opportunityStrong rental demand locationGross yield potential: 7
Description
This 3-bedroom mid-terrace property on Albert Avenue offers a great opportunity for investors, with plenty of space throughout and a large master bedroom. The property features two reception rooms, a downstairs bathroom, and a low-maintenance yard area to the rear. With on-street parking available to the front, it's well-positioned for access to shops, schools, and transport links. The property currently generates a rental income of £750 per month, providing a gross yield of approximately 8.6% at the asking price of £105,000. With some cosmetic improvements, the rental potential could rise to around £795 per month, increasing the yield to over 9%. The property would benefit from some cosmetic improvements and further inspection of the flat roof at the rear is recommended.