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Gainford Grove, Hull, East Yorkshire, HU9

PROPERTY TYPE

End of Terrace

BEDROOMS

2

BATHROOMS

1

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.

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Key features

  • INVESTMENT OPPORTUNITY – Offered for sale with LONG-TERM TENANTS IN SITU, providing an immediate rental income.
  • EXCEPTIONAL TENANTS who have happily occupied the property for 9 YEARS and would love to remain.
  • Producing a GROSS RENTAL YIELD OF APPROX. 6.3% at the asking price of £110,000 (£575 PCM).
  • BEAUTIFULLY PRESENTED two-bedroom end-of-terrace home, ready-made for any buy-to-let portfolio.
  • Occupying a generous CORNER PLOT with gardens to THREE SIDES.
  • Spacious sitting room with feature fireplace, separate dining area/study with FRENCH DOORS and a modern fitted kitchen.
  • TWO GENEROUS DOUBLE BEDROOMS, both benefiting from useful built-in storage.
  • Well-appointed family bathroom fitted with a contemporary WHITE SUITE.
  • Popular residential location close to SHOPS, SCHOOLS, AMENITIES and excellent public transport links.
  • EPC RATING: C – A rare opportunity to acquire a well-maintained investment with reliable long-term tenants already in place.

Description

STYLISH HOME, FANTASTIC TENANTS & AN INSTANT INVESTMENT!

INVESTORS, TAKE NOTE! Here's an excellent opportunity to acquire a beautifully presented two-bedroom end-of-terrace home with TENANTS IN SITU, providing an immediate rental income from day one. Better still, the current tenants have called this property home for the last nine years. They are exceptional tenants who genuinely care for the property, maintain it to a high standard and would very much like to remain, making this an attractive proposition for landlords seeking a hassle-free investment.

At the current rental income of £575 per calendar month, the property produces a gross rental yield of approximately 6.3% based on an asking price of £110,000. Whilst there are certainly stronger yielding investments available, opportunities to purchase a property occupied by such long-standing, reliable tenants are becoming increasingly difficult to find, offering valuable stability and peace of mind from the outset.

Occupying a generous corner plot with gardens to three sides, this attractive end-of-terrace home is exceptionally well presented throughout and enjoys a popular residential location close to a wide range of local amenities, shops, schools and excellent public transport links.

The accommodation is both naturally light and thoughtfully arranged. A welcoming entrance porch leads into the entrance hall before opening into a comfortable sitting room centred around an attractive feature fireplace. An open archway flows effortlessly into the dining area/study where French doors invite the outside in.

The adjoining kitchen is smartly appointed with a range of contemporary light oak-effect units, integrated cooking appliances and generous workspace.

Upstairs, the first-floor landing provides access to two excellent double bedrooms, both offering built-in storage, together with a well-appointed bathroom fitted with a modern white suite.

Outside, the property continues to impress. The gardens wrap around three sides of the home, creating excellent outdoor space rarely found with properties of this type. The enclosed rear garden combines paved seating areas with lawn, making it both practical and easy to maintain.

Whether you're looking to expand your portfolio or purchase your first investment property, this is a ready-made opportunity offering an immediate income together with reliable long-term tenants already in place.

A SMART INVESTMENT WITH TENANTS WHO TREAT THE PROPERTY AS THEIR OWN... OPPORTUNITIES LIKE THIS DON'T COME ALONG VERY OFTEN.

EPC Rating: C.
Council Tax Band 'A' payable to Hull City Council.


IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

HUL260578/2

Main Accommodation

Ground Floor

Entrance Porch

1.22m x 0.84m (4' 0" x 2' 9")

A welcoming entrance porch provides a practical introduction to the home, with double-glazed windows to the front and side allowing plenty of natural light to flood the space. An entrance door opens into the main accommodation.

Entrance Hall

1.63m x 1.02m (5' 4" x 3' 4")

Stepping inside, the entrance hall offers a warm welcome and provides access to the principal ground floor rooms. A staircase rises to the first floor, while a radiator ensures year-round comfort.

Sitting Room

4.55m x 3.58m (14' 11" x 11' 9")

Beautifully presented and filled with natural light from a large front-facing double-glazed window, the spacious sitting room provides the perfect place to relax. An attractive feature fireplace with a marble-effect inset and hearth creates a focal point, while laminate flooring and decorative ceiling coving add to the room's appeal. An open archway leads seamlessly into the dining area/study creating an excellent flow for modern living.

Breakfast Kitchen

3.66m x 2.62m (12' 0" x 8' 7")

Smartly fitted with an excellent range of light oak-effect wall and base units, the kitchen combines style with practicality. Complementing work surfaces and matching splashbacks provide generous preparation space, while integrated appliances include a four-ring gas hob, built-in oven and extractor canopy. An integrated fridge/freezer, plumbing for a washing machine, tiled flooring, inset ceiling spotlights and a useful understairs storage cupboard complete this well-designed kitchen. A rear door provides direct access to the garden.

Study

2.62m x 1.8m (8' 7" x 5' 11")

Perfectly positioned next to the sitting room and kitchen. French doors open directly onto the rear garden, allowing natural light to pour in while creating a wonderful connection between the indoor and outdoor spaces. Laminate flooring, ceiling coving and a radiator complete this attractive room.

First Floor

Landing

2.54m x 1.68m (8' 4" x 5' 6")

The naturally light landing benefits from a side-facing double-glazed window and provides access to both double bedrooms, the family bathroom and the loft space.

Principal Bedroom

4.62m x 2.82m (15' 2" x 9' 3")

A spacious double bedroom positioned at the front of the property, offering ample space for a full range of bedroom furniture. Laminate flooring, a useful built-in storage cupboard and a radiator complete this comfortable room.

Bedroom Two

3.45m x 2.92m (11' 4" x 9' 7")

Another generous double bedroom enjoying a pleasant outlook over the rear garden. Two built-in storage cupboards provide excellent practicality, while a double-glazed window and radiator complete the accommodation.

Bathroom

2.54m x 1.68m (8' 4" x 5' 6")

The bathroom is well appointed with a modern white suite comprising a panelled bath with shower attachment, pedestal wash hand basin and low-flush WC. Extensively tiled walls, two rear-facing double-glazed windows and a heated towel rail complete this bright and well-maintained room.

Outside

Front Garden

Occupying an enviable corner plot, the property enjoys gardens to three sides, providing far more outdoor space than many comparable homes.

Rear Garden

The enclosed rear garden has been designed for ease of maintenance with paved seating areas complemented by lawn, creating the perfect spot to relax or enjoy the warmer months. Secure fencing and walling enclose the garden, while a timber shed, outside tap, security lighting and gated side access add further practicality.

Agent's Note One

To fulfil the obligation to share material information, please follow the web link where you'll find a comprehensive document containing key facts for buyers, providing valuable insights related to the property that you'll undoubtedly find useful.

Agent's Note Two

HMRC is a supervisory body for money laundering regulations, of which all estate agents need to be registered. As part of this, there are multiple requirements that agents must rigorously and consistently meet to ensure they stay compliant with the regulations and protect their clients. To do this, we use an identity verification service, approved by the Government as part of the Digital Identity and Attributes Trust Framework (DIATF). This method and the process we follow to ensure compliance for your transaction come with significant time, financial and legal implications hence a portion of this is passed on. We elected for this verification process due to the speed, certainty, and accuracy it delivers. This helps us to protect all our client's interests by using the most advanced verification process to help prevent the impacts of money laundering alongside our internal manual policies and procedures while staying compliant with HMRC.

Agent's Note Two Continued

The administrative charge for this process is £40 plus VAT for a sole purchaser, £65 plus VAT for two purchasers and £75 plus VAT three or more purchasers.

Brochures

Web Details
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.
Yes
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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Gainford Grove, Hull, East Yorkshire, HU9

Approximate location

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Affordability

Monthly repayments£552
Property: £ 110,000
Deposit: £ 11,000
Interest rate: 5.33%
Term: 30 years
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Extension potential
Recently sold & under offer
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About Reeds Rains, Hull

508 Holderness Road, Hull, HU9 3DS
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Established in 1868, Reeds Rains has over 150-years of expertise in selling and renting house. During that time our teams have never lost sight of the need for local expertise, building great relationships, being genuinely interested in our customers and getting the job done. It is the only way to provide great customer service and get the best price for your property.

As estate agents, Reeds Rains want to make sure things are straightforward for our customers. Whether you are selling or buying properties, we will be there every step of the way. Our lettings agents are there to make it easy to rent out a property or find your perfect rental home. We also aim to help you achieve your goals and get the job done.

You can trust an agent with over 150 years of expertise.

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Disclaimer - Property reference HUL260578. 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 Reeds Rains, 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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