16 bed block of flats

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16 bed block of flats

Anlaby Road, Hull HU3
£625,000

Price History

Initial price £650,000
17/01/25 £625,000
Price Change -3.85%

Description

This impressive 16-bedroom multi-occupancy property in Hull's HU3 area offers a prime investment opportunity, generating an excellent rental return of over £7295 per month. The property features 16 modern en-suite bedrooms, two shared kitchens, and a leasehold structure without service charges or ground rent. With potential for growth and a projected ROI of 19.8%, this property presents a fantastic opportunity for savvy investors. Located in a vibrant neighborhood close to local amenities, public transport, and educational institutions, the property is attractive to both students and professionals. The sale also includes the option to purchase the Special Purpose Vehicle, allowing the buyer to avoid stamp duty costs, making it a significant financial advantage. With a buyer's premium of 1% + VAT, this is a unique opportunity to expand your investment portfolio. Contact us today to arrange a viewing and discover the potential this multi-occupancy building holds.