Southcoates Lane, Hull, HU9 3AU
- PROPERTY TYPE
End of Terrace
- BEDROOMS
3
- BATHROOMS
2
- SIZE
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- 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
- Deceptive Extended End House
- Presently configurated to have a 4th Ground Floor Bedroom
- Gas Central Heating & Upvc Double Glazing
- Excellent Returns from 2022-2025 from serviced accomodation
- No Chain. Vacant Possession
- Gardens & Garage
Description
A chance to acquire a traditional property which has produced successful returns as serviced accommodation over the last 4 years.
Extended to the rear ground floor making all the difference to the layout to now boast an additional dining or seating area plus a separate shower room. There are 3 bedrooms and modern bathroom on the first floor whilst the ground floor lounge has been configurated as a 4th bedroom for serviced accommodation.
With no onward chain, double glazing and gas central heating, it's in a popular location only a short distance from schools, amenities, East Park and Holderness Road.
Outside, there is a small forecourt to the front and a lawned rear garden with vehicular access to a garage/stores.
Managed by our serviced accommodation department and with non certified figures that show the property generated an average annual gross of £32,636 from 2022-2025. Please note these are not certified figures but clarification of occupancy and rates can be obtained from our serviced accommodation department.
For an overview of average figures from 2022-2025 (non certified), please see the average annual breakdown below:
- Gross income: £32,636.65
- Operating Costs (management fee, cleaning/maintenance, utilities etc): £12,791.81
- Net profit: £19,844.85
These are excellent returns for a new investor or one seeking to add to their portfolio - a magnificent 19.19% gross yield or 11.67% net yield on average.
Viewing advised.
EPC Rated D
Council Tax Band B
- 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.
- Band: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Southcoates Lane, Hull, HU9 3AU
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Visit our security centre to find out moreDisclaimer - Property reference L812188. 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 Lime Property, 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.
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