Morpeth Street, Hull
- PROPERTY TYPE
Terraced
- BEDROOMS
4
- BATHROOMS
4
- 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
Description
An excellent opportunity to acquire a high-yielding investment property generating a minimum 10.5% yield per annum**. This well-maintained block comprises four fully tenanted self-contained flats/studios, ideally located on Morpeth Street, just off the popular Spring Bank and within easy reach of the city centre.
This turnkey investment is perfect for landlords looking for a hands-off approach, with the option to continue our professional full-management service.
PROPERTY OVERVIEW*
Flat 1 - One-bedroom ground-floor flat with private rear garden.
- Rent: £395 PCM
- Council Tax Band: A
- EPC Rating: E
Flat 2 - One-bedroom first-floor flat.
- Rent: £395 PCM
- Council Tax Band: A
- EPC Rating: C
Flat 3 - Second-floor studio apartment.
- Rent: £350 PCM
- Council Tax Band: A
- EPC Rating: D
Flat 4 - First-floor rear studio.
- Rent: £340 PCM
- Council Tax Band: A
- EPC Rating: D
ADDITIONAL FEATURES
- External insulation to the rear of the property and dormers, enhancing energy efficiency.
- Fully tenanted with a strong rental history.
- Convenient location with excellent transport links and amenities nearby.
IMPORTANT NOTICE: Due to the size of Studio 4, some lenders may not offer a mortgage. Buyers are advised to check mortgage eligibility before arranging a viewing.
VIEWINGS STRICTLY BY APPOINTMENT - Demand for investment opportunities like this is high, so early viewing is recommended. Contact our office today to arrange a viewing.
Council Tax Band: A (Hull Council Tax)
Tenure: Freehold
Brochures
Brochure- 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: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
- Communal garden
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Morpeth Street, Hull
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Visit our security centre to find out moreDisclaimer - Property reference RS0197. 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 Higson Homes, 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.
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