Hull BTL Investment Opportunity
Property Overview
- 2 Bedroom, 1 Bathroom Mid-Terrace Property
Financials
- Purchase £85,000
- Market rent £595 pcm
- Yield 8.4%
Location
- The property is a traditional mid-terrace property on a residential street off Newland Avenue.
- The property is situated within walking distance of Beverley Road, Clough Road, Cottingham Road and the University of Hull, providing a large range of amenities.
Service Fee
We are acting as buying agent and as such a Buyer’s Fee of £3,000 + VAT is applicable on the sale price









Detailed Description
We believe this property works best with a mortgage at 75% LTV or less based on a mortgage interest rate of 4%.
86 Sharp Street is a well presented two bedroom investment property, presently between tenancies, new professional tenants have already been secured and are moving in shortly.
The property is a traditional, two storey, mid-terraced house on a residential street off Newland Avenue – a bustling high street. The property is also conveniently situated within walking distance of Beverley Road, Clough Road, Cottingham Road and the University of Hull, providing a large range of local amenities.
The property benefits from uPVC double glazing including the front and back doors, and gas central heating with ‘Ideal’ combi-boiler.
The front door opens into the bright living room which leads through to the spacious kitchen / dining room. The interior style and decor is modern and neutral throughout. Beyond the kitchen is a rear lobby which leads to the bathroom with shower over bath.
The back garden is accessed through the back door from the rear lobby. The garden is of good size, mostly laid to lawn with a path that leads to a shed at the end of the garden and is completely bounded by high fences and hedging. To the first floor there are two well proportioned bedrooms. Being a short walk from Newland Avenue and Princes Avenue, there are a range of amenities close by including, numerous highly rated cafes and restaurants; independent shops, Banks, supermarkets and a post office. Close to numerous bus stops.
Buyers premium of £3,000 + VAT is payable in two parts:
– A non-refundable reservation fee of 25% plus VAT or £1,500 plus VAT (whichever is greater)
– The balance is due upon legal completion (which is collected and paid by the buyers solicitor)
More Information
To receive the comprehensive brochure please register on our exclusive buyers database here. If you have already registered, please contract Kim Raines, our Hull Brokerage Partner, who will gladly email the brochure to you.
Agent: Kim Raines
kim@realm47.com
01482 453756