12 bedroom block of apartments for sale

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12 bedroom block of apartments for sale

Peel Street, Kingston Upon Hull
£500,000

Our Summary

  • INVESTMENT PROPERTY FOR SALEThis impressive block of flats presents a remarkable investment opportunity

Description

This impressive block of eight flats presents a remarkable investment opportunity, boasting a strong rental history and a turn-key investment with no immediate works required. The property features an expansive layout with eight reception rooms, 12 well-appointed bedrooms, and eight bathrooms, designed to accommodate a variety of tenants and ensuring a steady income stream. One of its standout features is the private off-street car park, which offers parking for up to eight vehicles, enhancing the appeal of the flats and adding to the convenience for residents. With a prime location, strong rental history, and ease of management, this property is an excellent choice for investors seeking a reliable and profitable addition to their portfolio, currently achieving an annual gross income of £49,140 with a gross return of 9.8%.