>
1 bedroom flat for sale
Boulevard, HU3, Hull, HU3
£55,000
Boulevard, HU3, Hull, HU3
£55,000
Our Summary
- TURNKEY INVESTMENT OPPORTUNITY | ONE BED APARTMENT IN HU3
- Hassle Free Investment Opportunity
Description
This is a turnkey investment opportunity in Hull, featuring a one-bedroom apartment on the ground floor with a tenant already in place until 2025. The property is being sold with a fixed-term tenancy, providing a steady stream of rental income from completion, with no void period or upfront letting costs. The apartment is presented in a clean and neutral condition, with a double bedroom, bathroom, fitted kitchen, and separate living room. The HU3 location is popular with renters due to its proximity to the city centre, local shops, and transport links. The property is leasehold with 125 years remaining, and the annual ground rent and service charge are £75 and £270, respectively. With a strong rental history and consistent demand in the area, this property offers a straightforward investment with existing management, providing a yield of 9.74% to 10.71% based on the asking price of £50,000 to £55,000.