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7 bed property, in Residential Investment - Theatre Mews, £925,000
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Land

Residential Investment - Theatre Mews, Egginton Street, Hull, HU2 8DL
Land
£925,000

Our Summary

  • RESIDENTIAL INVESTMENT & POTENTIAL REDEVELOPMENT SITE

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Description

The property is a traditionally brick-built building with a multi-pitched roof covered in slate and concrete tiles, located on Freetown Way near the Hull City Centre. It currently consists of seven self-contained flats, including two two-bedroom flats, five one-bedroom flats, and a separate garage. The flats are let on Assured Shorthold Tenancies, generating a total income of £53,880 per annum.

The property also has a car park and yard, which could be developed into a further six apartments on a proposed plan, although no development has taken place yet.