£2,682,750
Property for sale104–106 Beverley Road, Hull HU3
Freehold
About this property
Peppermint Park, 104–106 Beverley Road, Hull, HU3 1YA
26 self-contained flats
Total rent of £17,885 pcm (£214,620 pa).
Underground secure parking with electric security gates
Value at an 8% Yield: £2,682,750
Peppermint Park, 104–106 Beverley Road, Hull, HU3 1YA
A highly consistent Purpose-Built Block of 26 self-contained flats located on Beverley Road, one of Hull’s strongest rental corridors with direct access to the city centre, the university and the bus routes.
The block is fully let aside from two units on periodic / vacating status, and produces a total rent of £17,885 pcm (£214,620 pa).
The apartments are a mix of 1-bed and 2-bed units, with the majority being two-person flats attracting stable long-term tenants. Current rents range from £600 to £775 pcm.
Summary of Units
• Flats 1–18 and 21–26, all two-bed units at £675–£775 pcm.
• Flats 19 and 20 are one-bed units at £615 and £600 pcm.
• Several tenants are on six-month ASTs, with a number on periodic agreements.
• Strong occupancy with reliable rental history and minimal voids.
Performance
• Monthly Income: £17,885
• Annual Income: £214,620
• Value at an 8% Yield: £2,682,750
Investment Notes
This is a well-performing rental block in an established location with constant demand. The rent profile is strong, the tenant mix is stable and the block offers straightforward management with clear scope for rental uplift upon renewal.
EPC ratings vary between C and B throughout the flats.
A highly consistent Purpose-Built Block of 26 self-contained flats located on Beverley Road, one of Hull’s strongest rental corridors with direct access to the city centre, the university and the bus routes.
The block is fully let aside from two units on periodic / vacating status, and produces a total rent of £17,885 pcm (£214,620 pa).
The apartments are a mix of 1-bed and 2-bed units, with the majority being two-person flats attracting stable long-term tenants. Current rents range from £600 to £775 pcm.
Summary of Units
• Flats 1–18 and 21–26, all two-bed units at £675–£775 pcm.
• Flats 19 and 20 are one-bed units at £615 and £600 pcm.
• Several tenants are on six-month ASTs, with a number on periodic agreements.
• Strong occupancy with reliable rental history and minimal voids.
Performance
• Monthly Income: £17,885
• Annual Income: £214,620
• Value at an 8% Yield: £2,682,750
Investment Notes
This is a well-performing rental block in an established location with constant demand. The rent profile is strong, the tenant mix is stable and the block offers straightforward management with clear scope for rental uplift upon renewal.
EPC ratings vary between C and B throughout the flats.
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£13,420 per month
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