8 bedroom block of apartments for sale

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8 bedroom block of apartments for sale

Coltman Street, Hull
£250,000

Price History

Initial price £280,000
15/11/23 £260,000
21/08/24 £250,000
Price Change -10.71%

Description

This is an investment opportunity featuring a block of 5 flats that currently generates £33,506 per annum in rental income, yielding 12.8%. The flats are fully fitted with kitchenettes and bathrooms, and each tenant pays for their own gas and electricity, making it a stress-free investment. The property has long-standing tenants in situ, providing a stable and predictable income stream for the landlord. This is an ideal opportunity for an investor looking to add a high-returning property to their portfolio.