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Lorraine Street, Hull, East Riding of... 3 bed end of terrace house for sale
Lorraine Street, Hull, East Riding of Yorkshire, HU8 8EG
£38,000
Lorraine Street, Hull, East Riding of Yorkshire, HU8 8EG
£38,000
Price History
Initial price | £44,000 |
29/07/25 | £38,000 |
Price Change | -13.64% |
Description
This three-bedroom mid-terrace property is being sold by auction and offers a fantastic investment opportunity. The property is currently occupied by a long-term tenant who pays £96 per week, providing a steady income of £4,992 per annum. The tenant is willing to stay on, allowing the new owner to benefit from immediate rental income of £133 per week. Located in a popular area of Hull, the property is close to local amenities, schools, and public transport links. The property features a spacious interior with a lounge, dining room, kitchen, and three bedrooms, as well as a bathroom and enclosed yard to the rear. With a reliable tenant already in place, this property is an ideal low-maintenance addition to any landlord's portfolio.