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- 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.