7 bedroom block of apartments for sale

>

7 bedroom block of apartments for sale

Coltman Street, Hull
£225,000

Our Summary

  • INVESTMENT OPPORTUNITYBlock of 4 flats which currently accommodates 7 tenants, each flat is fitted with their own kitchenette and bathroom

Description

This investment opportunity presents a block of four flats, each with its own kitchenette and bathroom, currently occupied by seven tenants. The property generates an annual rental income of £29,120, resulting in a 12.9% yield. The long-standing tenants in situ make this a stress-free investment, as they pay for their own gas and electricity. This is an ideal addition to a landlord's portfolio, offering a high-returning property with minimal hassle.
Get a Mortgage Quote