12 bedroom block of apartments for sale

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12 bedroom block of apartments for sale

Peel Street, Kingston Upon Hull
£525,000

Our Summary

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

Description

This impressive block of eight fully tenanted flats presents a remarkable investment opportunity, boasting a strong rental history and no immediate works required. The property features an expansive layout with eight reception rooms, twelve well-appointed bedrooms, and eight bathrooms, designed to accommodate a variety of tenants and ensuring a steady income stream. A private off-street car park for up to eight vehicles adds to the convenience and appeal of the flats. With a prime location, strong rental history, and ease of management, this fully tenanted 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 9.4%.