This property is no longer on the market
6 bedroom apartment
Key information
Property description & features
On offer, a collection of 6 tenanted properties located in the heart of Hull city centre. Since being the UK's City of Culture in 2017, Hull has seen a major uplift in investment from jobs to infrastructure; housing and education. According to Land Registry data, flats in Hull have increased 12% in value over the last 5 years
Food producers, importers and exporters, the University of Hull and the UK's leading lights in renewable energy production have all expanded and solidified their enviable positions in their sectors which further strengthens the local property market.
The City is an investment hot spot with solid, entry level purchase prices supported by strong and growing rental demand.
The portfolio consists of 6 furnished apartments in Tivoli House which is located in the heart of the city centre. Neatly positioned, the apartments are accessed via a secure communal door entry leading through to spacious reception with lift access to all floors. The properties are split across 3 floors with 2 being on the 2nd floor, 2 on the 3rd floor and 2 on the 4th floor.
Typically each property opens up to reception hall with bathroom complete with stand up shower, storage cupboard, practical kitchen and airy living room with bedroom off living room. With rental demand so high it will be no surprise to see incredibly high occupancy levels providing an annual income of £39,000 for the portfolio giving a healthy 7% yield.
Management agent in place, stamp duty as little as 1% and solicitors ready to go makes this an ideal hands off investment option for the savvy investor.
EPC across all properties is a D rating. Individual EPC's can be provided upon request to a buyer.
247 years left on lease
Council tax band A
Places of interest
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 8, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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