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£150,000

4 bed terraced house for sale
Morpeth Street, Hull HU3

    • 4 beds

    • 4 baths

    • 4 receptions

  • EPC Rating: C

Back to market
Available immediately
Chain free
Freehold
Reduced on 27/08/2025

About this property

    Description

    **investment opportunity**

    important notice: Due to the size of Studio 4, lenders do not offer a mortgage on this property.

    An excellent opportunity to acquire a high-yielding investment property generating a minimum 12.9% yield per annum**. This well-maintained block comprises four fully tenanted self-contained flats/studios, ideally located on Morpeth Street, just off the popular Spring Bank and within easy reach of the city centre.

    Important notice: Due to the size of Studio 4, lenders do not offer a mortgage on this property.

    This turnkey investment is perfect for landlords looking for a hands-off approach, with the option to continue our professional full-management service.

    Property overview*

    Flat 1 - One-bedroom ground-floor flat with private rear garden.
    - Rent: £415 pcm
    - Council Tax Band: A
    - EPC Rating: E

    Flat 2 - One-bedroom first-floor flat.
    - Rent: £415 pcm
    - Council Tax Band: A
    - EPC Rating: C

    Flat 3 - Second-floor studio apartment.
    - Rent: £425 pcm is currently available.
    - Council Tax Band: A
    - EPC Rating: D

    Flat 4 - First-floor rear studio.
    - Rent: £360 pcm
    - Council Tax Band: A
    - EPC Rating: D
    Additional features

    - External insulation to the rear of the property and dormers, enhancing energy efficiency.
    - Fully tenanted with a strong rental history.
    - Convenient location with excellent transport links and amenities nearby.

    Viewings strictly by appointment - Demand for investment opportunities like this is high, so early viewing is recommended. Contact our office today to arrange a viewing.

    Council Tax Band: A (Hull Council Tax)
    Tenure: Freehold

    Mortgage calculator

    Monthly repayment

    £750 per month

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    The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

    More information

    • Tenure

      Freehold

    • Council tax band

      A

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