£5,950,000
76 bed block of flats for saleParagon Street, Hull HU1
76 beds
EPC Rating: B
Just added
Freehold
About this property
An exceptional investment opportunity in the heart of Kingston upon Hull. This substantial portfolio comprises 9 houses, 48 self-contained flats, and one retail unit currently let as a hot food takeaway. All located in a strong central position close to amenities, transport links, and the city’s thriving student and professional rental markets.
The portfolio produces a gross rental income of £494,000 per annum, with established tenancies in place providing reliable income from day one. The mix of units offers both scale and diversity, combining residential and commercial lettings in one secure investment.
With Hull continuing to see growth in demand for quality rental accommodation, this portfolio represents a rare chance to acquire a proven income-generating asset in a prime location, offering an attractive 8% return on investment yield.
The portfolio produces a gross rental income of £494,000 per annum, with established tenancies in place providing reliable income from day one. The mix of units offers both scale and diversity, combining residential and commercial lettings in one secure investment.
With Hull continuing to see growth in demand for quality rental accommodation, this portfolio represents a rare chance to acquire a proven income-generating asset in a prime location, offering an attractive 8% return on investment yield.
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Monthly repayment
£29,764 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.
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