8 bedroom block of apartments for sale

>

8 bedroom block of apartments for sale

Coltman Street, Hull
£260,000

Our Summary

  • INVESTMENT OPPORTUNITYBlock of 5 flats which currently accommodates 8 tenants, each flat is fitted with their own kitchenette and bathroom

Description

This is an investment opportunity for a landlord looking to add a high-returning property to their portfolio. The property consists of 5 flats, each with its own kitchenette and bathroom, which are currently occupied by 8 tenants. The flats generate a significant income of £33,506 per annum, resulting in a 12.9% yield. The tenants are long-standing and pay for their own gas and electricity, making it a stress-free investment.
Get a Mortgage Quote