Carisbrooke Avenue Montrose Street, Hull, HU8

Investment Property – Excellent Rental Potential
Guide Price £60,000 - £70,000 plus Reservation Fee

An excellent opportunity for landlords and property investors to acquire this well-positioned residential investment property, offering an estimated rental income of between £600 and £700 PCM. Offered with no chain involved and vacant possession, the property provides flexibility for an investor to undertake any improvements required before placing a tenant, or for an owner-occupier looking for a property with strong rental potential.

Situated off Montrose Street, the property occupies a convenient position bordering the highly regarded Garden Village area and James Reckitt Avenue. The location provides easy access to a wide range of surrounding amenities, local shops and everyday facilities, whilst excellent transport links provide convenient access to Hull city centre and the surrounding areas.

The property's position makes it an appealing proposition for investors looking for a property in an established residential area with consistent tenant demand. With an estimated rental return of £600–£700 PCM, the property offers the potential for a gross annual rental income of approximately £7,200–£8,400, subject to the condition of the property, achievable market rent and tenancy arrangements.

The property is available with vacant possession, allowing the new owner to take control of the property immediately following completion and decide how best to maximise its rental potential.

This is a great opportunity for both experienced landlords looking to expand their portfolio and first-time investors seeking an affordable entry into the Hull property market.

Key Features:

Excellent residential investment opportunity
Estimated rental income of £600–£700 PCM
Potential annual rental income of £7,200–£8,400
No chain involved with vacant possession
Convenient location off Montrose Street
Borders Garden Village and James Reckitt Avenue
Close to local shops and surrounding amenities
Good transport links to Hull city centre and surrounding areas
Ideal for landlords and property investors

Book Your Viewing Today!

Fees, Exclusivity & Disclaimer

Reservation Fee:
Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 2% of the purchase price (minimum £2,500 + VAT). This fee is in addition to the purchase price. Once paid, the property will be immediately taken off the market, preventing gazumping, reducing delays and providing greater certainty for the Buyer.

Refund Policy:
The Reservation Fee may be refunded only in specific circumstances, including:

The seller withdrawing from the sale
A chain collapsing beyond the Buyer's control
Significant structural issues confirmed by a qualified structural survey
For full details of refund eligibility, please contact our office.

Exclusivity:
Upon payment of the Reservation Fee, Rezee grants the Buyer a fixed exclusivity period of 90 days from the issue of draft contracts. During this period, the property is reserved exclusively for the Buyer.

Buying Process:

Register your interest
Prepare your finances
Arrange a viewing
Make an offer
Secure the sale through our secure system
Exchange and complete
Important Information & Disclaimer:
A Ready Sale Pack containing detailed property information is available. Buyers are advised to review the pack and carry out their own independent due diligence before committing to purchase.

Buyers must verify their identity and provide proof of funds as part of our compliance process.

Rezee may offer related services, including conveyancing, mortgage advice and surveying, and may receive referral fees from third-party providers.

Whilst every care has been taken in preparing these sales particulars, they do not constitute any part of an offer or contract and should not be relied upon as statements of fact. Buyers should satisfy themselves as to the accuracy of all information provided.

Rental Information:
The rental figures stated are estimated figures only and are not guaranteed. Prospective purchasers should satisfy themselves regarding achievable market rent, the property's condition, tenant demand and any applicable licensing requirements before proceeding.

Stamp Duty Land Tax (SDLT):
The amount of Stamp Duty Land Tax payable will depend upon the purchase price and the individual circumstances of the purchaser. Buyers should seek independent advice from their solicitor or tax adviser to establish whether SDLT is payable and the amount due.

Rezee's Approach:
Our innovative selling process is designed to provide a secure and transparent way to buy property, helping to reduce the risk of failed transactions and providing greater certainty for both buyers and sellers.