Pemberton Gardens Folkestone Street, Hull, HU5

***Guide Price £70,000 - £80,000 plus Reservation Fee***

Lucrative Investment Opportunity: This two-bedroom investment property presents an exceptional opportunity, currently yielding £505 per calendar month with reliable tenants in place, offering an approximate yield of 8.6%. Situated just off Beverley Road, it promises both immediate returns and long-term growth potential.

Prime Location: Conveniently positioned near Beverley Road, this property enjoys easy access to a plethora of local amenities and excellent transport links to the entire city centre. With Newland Avenue and Princes Avenue just a stroll away, residents have an abundance of shops, cafes, and entertainment options at their doorstep.

Stylish and Functional: Boasting a modern and functional layout, this property offers comfortable living spaces designed to appeal to tenants. The two bedrooms provide ample accommodation, ensuring a cosy atmosphere for occupants.

Well-Connected: Its strategic location ensures seamless connectivity, making it an ideal choice for tenants seeking convenience in their daily commute. Whether by bus, car, or foot, residents can easily navigate the city and beyond.

Investment Potential: With its strong rental income and desirable location, this property represents an attractive investment opportunity for savvy investors. Don't miss out on the chance to secure a lucrative investment in this thriving area.

Schedule a Viewing: Arrange a viewing today to explore the potential of this investment property and discover the benefits it can offer to your portfolio. With its attractive rental income, prime location, and promising yield, this property won't stay on the market for long!

**Fees, Exclusivity, and Disclaimer:** 

**Fees:** 

**Reservation Fee:** Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 2% to a minimum of £2500 plus VAT. The Reservation Fee is paid on top of the purchase price. This reservation fee ensures that the property is taken off the market as soon as a sale is agreed, eliminating gazumping, time wasting, and financial loss. 

The Reservation Fee can be refunded under certain circumstances; 

i.e the seller deciding to pull out, a chain collapsing or structural issues verified by a structural survey. For more information on what would qualify for a refund then please speak to the office 

**Exclusivity:** 

Following the payment of the reservation fee, Rezee will facilitate a fixed exclusivity period of 60 days from draft contracts being issued. During this time the property will be reserved, so there will be no risk of gazumping. 

**Process:** 

Our process: 

1. Register your interest 

2. Prepare your finances for the purchase 

3. Arrange a viewing 

4. Make an offer 

5. Secure your sale using our secure system 

6. Exchange and complete 

**Disclaimer:** 

The property has a Ready Sale Pack, which gives additional information regarding the property. It is the Buyer’s responsibility to request & examine the Ready Sale Pack before committing to purchase the property. We advise you also carry out your own due diligence prior to making an offer. 

The Buyer is required to verify their ID & show proof of funds. 

Rezee offers additional services, such as conveyancing, financial advice, surveying & other services associated with selling & buying a property. Rezee may receive a referral fee for these third-party services. 

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.