Lettings

Pendrill Street, Hull

4 Bedroom | Rent: £105,000 per month

Investment opportunity block of flats
2 x 2 bed converted block of flats
Flats let on ASTs £350pcm each
Gross income £8400pa / 7.63% yield
Scope to increase the rental inc/yield
New main roof installed 2021
Long term settled tenants

The property comprises of:

GROUND FLOOR
Entrance hallways - Ground floor only, shared by both flats

FLAT 1 - Ground floor flat
Living room
Bedroom
Kitchen
Lobby - rear external door
Bathroom
Bedroom 2

FIRST FLOOR
FLAT 2 - First floor
Hallway
Living room
Bedroom 1
Kitchen
Bathroom
Bedroom 2

EXTERNAL
Front - yard for bin storage
Side passageway to rear yard
Rear - medium sized rear yard

EPCs
Flat 1 - Rating E 54 - expires 2027
Flat 2 - Rating E 40 - expires 2028
Energy Performance Certificates

Key property features:

  • Block of 2x 2 bed self contained flats
  • Both flats let on AST £350pcm each
  • Long term settled tenancies
  • Gross inc £700pcm/£8400pa
  • New roof March 2021
  • Gas central heating hot water
  • Scope to increase the rental inc/yield
  • Rent correct at time of listing

Book a viewing Contact Us

For Sale