This property has been taken off the market.

8 Bed Terraced House For Sale Spring Bank, Hull, HU3

£370,000- Terraced

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Last Updated: 15th February 2024

Description

Amazing investment opportunity, retail shop and four fully tenanted, two-bedroom flats, yielding 8%.

This property contains four self-contained flats located on the popular Spring Bank, close to the City Centre and all local amenities.

The ground floor retail shop has recently been rented. The current lease runs 24/7/2023 - 23/7/2026 at £7,400 per annum payable 12 monthly in advance.

Flat 1:
Two-bedroom, first-floor flat. Achieving £467.50 per month.
Council Tax Band - A
EPC Rating - E

Flat 2:
Two-bedroom, first-floor flat. Achieving £415 per month.
Council Tax Band - A
EPC rating - D

Flat 3:
Two-bedroom, second-floor flat. Achieving £467.50 per month.
Council Tax Band - A
EPC rating - E

Flat 4:
Two-bedroom, second floor flat. Achieving £495.00 per month.
Council Tax Band - A
EPC Rating - D

Contact our office to arrange a viewing of this amazing investment opportunity. Limited time slots available.

We can also continue our local full-management service for the new buyer.

Council Tax Band: A (Hull Council Tax)
Agent Details
Higson Homes
129, Chanterlands Avenue, Hull, HU5 3TG
Show Contact Number
01482 351 351

Investment Analysis

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Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested