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Coltman street, Hull

Investment Property – 3 Self-Contained Apartments

This freehold property has been sympathetically converted from a single dwelling into three self-contained apartments, each with its own utility supplies. The building, while not listed, sits within the St Andrews Ward Conservation Area.

The flats have recently undergone extensive refurbishments, providing modern accommodation while retaining the character of the property. All apartments are currently let on a bills-excluded basis (correct at the time of listing), producing a total annual rent of £17,100 and a net yield of 9.78%.

Current Rent Schedule (correct at time of listing):
Flat 1 – £450 pcm
Flat 2 – £500 pcm
Flat 3 – £475 pcm

Further Information:

Council Tax Band: A

Tenure: Freehold

This is a strong investment opportunity offering a healthy yield in a popular rental location.

Key property features:

  • Investment property
  • Block of flats
  • Rent per year £15
  • 900
  • Net Yield 9.09%
  • 3 Bedroom Block of Flats
  • £175,000 Asking Price

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