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Beverley Road, Hull

PROPERTY TYPE

Block of Apartments

BEDROOMS

5

BATHROOMS

4

SIZE

593 sq ft

55 sq m

TENURE
Describes 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

Nestled on Beverley Road in Hull, this exceptional property presents a remarkable investment opportunity. Comprising four beautifully renovated apartments, each flat is spacious and meticulously maintained, ensuring a comfortable living environment for tenants. With a total area of 592 square feet, the property boasts four reception rooms, five bedrooms, and four bathrooms, making it an ideal choice for student accommodation as the majority of student demand is for single dwellings with no need to share.

Currently rented to students for the ongoing academic year, this property has already secured tenants for the next academic year, providing a seamless transition and consistent rental income. The impressive gross rental yield of 8% highlights the strong financial potential of this investment, making it an attractive option for discerning buyers. With minimal running costs due to tenants paying their own utilities.

This turnkey investment allows for immediate cash flow, with minimal effort required to manage the property. The strategic location on Beverley Road ensures easy access to the University of Hull, local amenities and transport links, further enhancing its appeal to prospective tenants.

In summary, this property is not only a sound financial investment but also a well-appointed living space that meets the needs of today’s students. With its combination of quality renovations and strong rental demand, it is a rare find in the Hull property market.

Brochures

Beverley Road, HullBrochure
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.
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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.
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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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Beverley Road, Hull

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About MyPad, Hull

82-83 Castle Street, Hull, HU1 1SH

MyPad offer a bespoke letting, management & investment sales service.

We are proud of our reputation for reliability and results & offer a hands on service to our tenants and landlords.

Going the extra miles is something all our team members believe in.

Your mortgage

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Years
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Monthly repayments
£2,145
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Disclaimer - Property reference 33775294. 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 MyPad, 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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