Pearson Avenue, Hull, East Riding Of Yorkshire, HU5
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
8
- BATHROOMS
8
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Investment Opportunity
- 4 x 1 Bedrooms Flat and 2 x 2 Bedroom Flats
- Gross Yield 10.3%
- Within Close Proximity of Pearson Park
- Fully Tenanted
- Large Enclosed Rear Garden Space
- Popular Location for Student & Professionals
- RENT: £2,800 pcm
Description
The building offers well presented apartments, all of which are fully tenanted on periodic tenancy agreements (AST's).
The property is located on the outskirts of the beautiful Pearson Park, through the recently restored park gates. Upon arriving at the property you will step into a front courtyard, with low brick built wall and black iron pedestrian gate.
There is an enclosed rear garden space, which is not currently being fully utilised, which is a shared space and can be accessed directly from 3 of the apartments.
Entering the property you are greeted by an impressive hallway with high ceilings, and the original sweeping staircase, leading to flat 6.
To the rear of the hallway there is a second staircase, which provides access to flats 4 and 5.
Flats 1, 2 and 3 are accessed on the ground floor from the main hallway.
The apartments themselves are all unique and different from each other, but all offer a lounge, kitchen space, bathroom and separate bedroom area. The two bedroom apartments then offer a second bedroom and the added benefit of an ensuite from the principle bedroom.
The building is situated a one minute walk from Beverley Road, which has multiple bus stops and is one of the main commuting routes into Hull centre.
The property is also a short walk, through the park, to the popular street of Princes Avenue, offering bars, restaurants and shops. The location is popular with both young professionals and families.
There is ample on street parking available to the front of the building.
Each apartment has an 'Ideal' gas fired combi-boiler.
The flats are fully tenanted making this an ideal investment opportunity cash-flowing from day one of ownership.
The location is popular and similar properties command higher rents than are currently being achieved, with further investment into the building the increases could be realised.
To receive a copy of the comprehensive brochure please register on our buyers database - visit our website to complete the buyers registration form.
Buyers premium of 2.5% + VAT - payable in two parts:
- A non-refundable reservation fee of £1,500 plus VAT
- The balance is due upon legal completion (which is collected and paid by the buyers solicitor)
Energy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Ask agent
Pearson Avenue, Hull, East Riding Of Yorkshire, HU5
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hull Station1.2 miles
- Cottingham Station2.7 miles
- New Holland Station4.0 miles
About the agent
Realm 47, Hull
Suite 712, K2 Building, Bond Street, Hull, HU1 3EN
REALM 47 Property Brokerage are Investment Specialists, with over 20 years of experience in the property industry we are here to assist investor buyers with the acquisition process or sellers throughout the sale process; acting for either party as buying agent or selling agent.
We handle a vast range of properties from existing investment properties and those with plans for development through to the less obvious properties such as those that are currently used as family homes bu
Industry affiliations
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference PA16. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Realm 47, Hull. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
Map data ©OpenStreetMap contributors.