Block of apartments for sale

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Block of apartments for sale

Anlaby Road, Hull, HU3
£650,000

Our Summary

  • This property represents a prime investment opportunity, currently generating an excellent rental return of in excess of £7295 per month, with significant potential for increased income following the completion of sale
  • Potential for Growth: With some strategic improvements and management, there’s a fantastic opportunity to increase the rental yield even further
  • Contact us today to arrange a viewing and discover the potential this multi-occupancy building holds

Description

This impressive 16-bedroom multi-occupancy property in Hull's HU3 area is a prime investment opportunity, generating an excellent rental return of over £7295 per month. The property features 16 modern en-suite bedrooms, two shared kitchens, and a leasehold structure with no service charges or ground rent, maximizing the investment return. With potential for growth and a projected ROI of 19.8%, this property offers a fantastic opportunity to increase the rental yield. Additionally, the property is situated in a vibrant neighborhood close to local amenities, public transport, and educational institutions, making it attractive for both students and professionals. With the option to purchase the SPV, savvy investors can avoid stamp duty costs, providing a significant financial advantage. Don't miss out on this unique opportunity to expand your investment portfolio - contact us today to arrange a viewing and discover the potential this multi-occupancy building holds.
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