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Get brand editions for Beercocks, Newland Avenue, Hull

Coltman Street, Hull, HU3 2SJ

Key features

  • FULL WALK-THROUGH VIDEO!
  • CONVERTED VICTORIAN HOUSE
  • FIVE ONE-BEDROOM APARTMENTS - ALL CURRENTLY LET
  • READY-MADE PORTFOLIO - RENT ROLL APPROX. £20,000 PER ANNUM
  • TWO GROUND FLOOR, TWO FIRST FLOOR, ONE TOP FLOOR
  • SOME RECENT REFURBISHMENT
  • LONG-STANDING TENANCIES
  • FREEHOLD
  • COUNCIL TAX BAND A
  • EPC D

Description

GUIDE PRICE £185,000

Summary
This converted VICTORIAN HOUSE on COLTMAN STREET offers FIVE ONE-BEDROOM APARTMENTS, all currently LET and generating a RENT ROLL of approximately £20,000 PER ANNUM. Arranged over THREE FLOORS, the property includes TWO APARTMENTS on the GROUND FLOOR, TWO on the FIRST FLOOR, and ONE on the TOP FLOOR. Some units have seen RECENT UPGRADES, while others needing a little TLC. With some LONG-STANDING TENANCIES in place, this is a straightforward option for investors seeking a READY-MADE PORTFOLIO.

From the Agent’s Perspective
We’re pleased to present this BLOCK OF FIVE APARTMENTS on Coltman Street, a solid choice for anyone looking to expand their property portfolio. The building is a CONVERTED VICTORIAN HOUSE, which gives it plenty of character and appeal. Each apartment is ONE BEDROOM, and all are currently LET, providing immediate income from day one. Some of the flats have been UPDATED in recent years, while others offer scope for future improvement. The current RENT ROLL is in the region of £20,000 PER ANNUM, and with several LONG-TERM TENANTS, you can expect a steady return. This is a great chance to acquire a FULLY LET BLOCK in a convenient location.

From the Client’s/Vendor’s Perspective
We have owned this property for a number of years and have always found it to be a reliable investment. The apartments are popular with tenants, and we have enjoyed a good level of occupancy throughout our ownership. Some of the flats have been MODERNISED, while others do need a little work when they become vacant. The current tenants have been with us for some time, and we have always found them to be dependable. We feel this is a good opportunity for someone looking for a property that is already up and running, with income from day one.

Tenure
The property is freehold.

Council Tax
Council Tax is payable to the Kingston Upon Hull City Council. From verbal enquiries we are advised that the property is shown in the Council Tax Property Bandings List in Valuation Band -.*

Fixtures & Fittings
Certain fixtures and fittings may be purchased with the property but may be subject to separate negotiation as to price.

Disclaimer
*The agent has not had sight of confirmation documents and therefore the buyer is advised to obtain verification from their solicitor or surveyor.

Viewings
Strictly by appointment with the sole agents.

Mortgages
We will be pleased to offer expert advice regarding a mortgage for this property, details of which are available from our Newland Avenue office. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.

Valuation/Market Appraisal:
Thinking of selling or struggling to sell your house? More people choose Beercocks in this region than any other agent. Book your free valuation now!

Brochures

Brochure 1
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.
Ask agent
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
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

Energy performance certificate - ask agent

Coltman Street, Hull, HU3 2SJ

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Get brand editions for Beercocks, Newland Avenue, Hull

About Beercocks, Newland Avenue, Hull

154,Newland Avenue, Hull, HU5 2NN
Industry affiliations:

Why choose beercocks?

I hope the pages of this site will demonstrate to you that beercocks will go that extra mile to sell your home.

We are constantly looking to improve our marketing which in turn gives greater exposure to our properties and ultimately will achieve quicker sales and a better price.

As a family run business we pride ourselves in providing that personal touch yet combined with cutting edge technology. Wishing you a smooth and stress free move. We are at your service seven days a week.

Kind regards

beercocks Principal

Robert. V .Beercock

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£861
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.

Notes

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Disclaimer - Property reference BRC_NWL_LFSYCL_305_461428626. 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 Beercocks, Newland Avenue, 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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