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7 bedroom block of apartments for sale
Coltman Street, Hull
£215,000
Coltman Street, Hull
£215,000
Price History
Initial price | £250,000 |
15/11/23 | £230,000 |
21/08/24 | £215,000 |
Price Change | -14.00% |
Description
This investment opportunity presents a block of four flats, each with its own kitchenette and bathroom, which are currently occupied by seven tenants. The property generates a significant annual rental income of £29,120, resulting in a 13.5% yield. The tenants have been in place for some time, making it a low-maintenance investment for landlords seeking a stress-free addition to their portfolio. The tenants are responsible for paying their own gas and electricity bills, providing an added layer of convenience for the investor.