4 bed terraced house for sale

Morpeth Street, Hull HU3

Description

**investment opportunity - offers invited between £160,000 - £170,000**

An excellent opportunity to acquire a high-yielding investment property generating a minimum 10.5% 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.

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: £395 pcm
- Council Tax Band: A
- EPC Rating: E

Flat 2 - One-bedroom first-floor flat.
- Rent: £395 pcm
- Council Tax Band: A
- EPC Rating: C

Flat 3 - Second-floor studio apartment.
- Rent: £350 pcm
- Council Tax Band: A
- EPC Rating: D

Flat 4 - First-floor rear studio.
- Rent: £340 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.

Important notice: Due to the size of Studio 4, some lenders may not offer a mortgage. Buyers are advised to check mortgage eligibility before arranging a viewing.

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