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Peel Street, Kingston Upon Hull

PROPERTY TYPE

Block of Apartments

BEDROOMS

12

BATHROOMS

8

SIZE

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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

INVESTMENT PROPERTY FOR SALE

This impressive block of flats presents a remarkable investment opportunity. Comprising eight fully tenanted flats, this property boasts a strong rental history, making it a turn-key investment with no immediate works required.

The building features an expansive layout with eight reception rooms, providing ample space for residents to enjoy. With twelve well-appointed bedrooms and eight bathrooms, this property is designed to accommodate a variety of tenants, ensuring a steady income stream.

One of the standout features of this property is the private off-street car park, which offers parking for up to eight vehicles, a significant advantage in urban living. This amenity not only enhances the appeal of the flats but also adds to the convenience for residents.

This block of flats is an excellent choice for investors seeking a reliable and profitable addition to their portfolio. With its prime location, strong rental history, and the ease of management that comes with a fully tenanted property, this opportunity is not to be missed. Whether you are an experienced investor or new to the property market, this block of flats on Peel Street is sure to meet your needs and expectations.

Currently achieving an annual gross income of £49,140, tenants pay their own utilities meaning minimal running costs. That is a gross return of 8.9%.

Brochures

Peel Street, Kingston Upon 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.
Yes
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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Energy performance certificate - ask agent

Peel Street, Kingston Upon 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

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£2,622
We think you can borrow up to
Add your household income above
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference 33836615. 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.

*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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