St Georges Road, Hull, HU3

x4 Flats in a Freehold Investment Block – Anlaby Road, Hull
Guide Price £190,000 - £200,000 plus Reservation Fee

An exciting opportunity to acquire a freehold block comprising four self-contained one-bedroom flats, ideally positioned just off Anlaby Road in Hull. The property offers an attractive opportunity for investors seeking multiple residential units within a single freehold investment, with strong potential rental income.

Based on estimated rental values of £750 - £820 PCM for each first-floor flat and £600 PCM for each ground-floor flat, the property has an estimated potential rental income of between £2,700 and £2,840 PCM when fully occupied.

Potential Rental Income
2 x First-Floor Flats @ £750 - £820 PCM:
£1,500 - £1,640 PCM

2 x Ground-Floor Flats @ £600 PCM:
£1,200 PCM

Total Potential Rental Income:
£2,700 - £2,840 PCM

Potential Annual Rental Income:
£32,400 - £34,080 PA

Potential Gross Rental Yield

At the £190,000 Guide Price:

£32,400 PA rental income = 17.05% gross yield
£34,080 PA rental income = 17.94% gross yield

At the £200,000 Guide Price:

£32,400 PA rental income = 16.20% gross yield
£34,080 PA rental income = 17.04% gross yield
Rental figures are estimates and prospective purchasers should satisfy themselves as to achievable market rents and all associated costs before proceeding.

The property is conveniently located just off Anlaby Road, providing easy access to a wide range of local amenities, shops and transport links. The location is particularly well placed for access to Hull city centre, Hull Royal Infirmary and the MKM Stadium, with regular bus services available along Anlaby Road providing connections towards the city centre and surrounding areas.

This is a particularly interesting proposition for buy-to-let investors, portfolio landlords and investors seeking multiple residential units within a single freehold title. The four-flat configuration also provides the potential advantage of spreading rental income across several individual tenancies rather than relying upon a single property.

With an attractive estimated rental income and the potential for gross yields in excess of 17%, this property represents an exciting addition to an investment portfolio, subject to the purchaser's own due diligence and confirmation of achievable rental values.

Key Features
Freehold block comprising four self-contained flats
Estimated potential rental income up to £2,840 PCM
Potential annual rental income of £34,080
Potential gross yield of approximately 18%
Popular West Hull location off Anlaby Road
Close to MKM Stadium and Hull Royal Infirmary
Good transport links and convenient access to Hull city centre
Ideal multi-unit investment opportunity
Reservation Fee Applicable – T&C’s Apply

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 £3000 + 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 peace of mind.

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 time, 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 via our secure system
Exchange and complete
Important Information & Disclaimer:
A Ready Sale Pack containing detailed property information is available. Buyers are advised to review this pack and undertake their own 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.

Stamp Duty (SDLT):
Liability for Stamp Duty Land Tax depends upon the purchase price and the buyer's individual circumstances. Purchasers should seek advice from their solicitor or tax adviser to establish whether SDLT is payable and, if so, the amount due.

Rezee's Approach:
Our innovative selling process provides 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.

Disclaimer: All measurements, descriptions, rental figures, yields and other information are provided in good faith and are intended as a guide only. Rental figures are estimated and should not be relied upon as guaranteed income. Buyers should satisfy themselves as to the accuracy of all information, carry out their own due diligence and obtain independent professional advice where required. Any planning, licensing, building regulation or use information should be independently verified by the purchaser. The property is offered subject to contract and availability.