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Leads Road, HU7, Hull, HU7 3 bed terraced house for sale
Leads Road, HU7, Hull, HU7
£80,000
Leads Road, HU7, Hull, HU7
£80,000
Our Summary
- The property presents an excellent opportunity for investors looking for an income-generating asset with scope to add value
- With potential for modernisation, there is room to enhance both the capital value and rental return
- Upstairs, the first floor offers three good-sized double bedrooms, making the property especially attractive to potential tenants seeking spacious accommodation
- Whether you’re expanding your portfolio or seeking your first investment property, this is a solid opportunity offering immediate returns and future uplift potential
- Investment Opportunity
Description
This spacious three-bedroom mid-terrace property on Leads Road in Hull is being sold with a long-term tenant in place, generating a strong gross yield of 8.4% with rent of £560pcm. The property has potential for modernization, offering scope to add value and increase the rental return. It features full uPVC double glazing, gas central heating, and a new combi boiler installed in 2024. The property has a through lounge/diner, a fitted kitchen, and a ground floor bathroom, as well as three good-sized double bedrooms upstairs. The location is sought after, with strong rental demand, excellent transport links, and proximity to major employers. The property is available to investors looking to expand their portfolio or seek their first investment property, offering immediate returns and future uplift potential.