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£370,000
Spring Bank, Hull, HU3
- 8 beds
£370,000
- 8 beds
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Estimate monthly mortgage payment:
£1,689 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£18,500
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Amazing investment opportunity, retail shop and four fully tenanted, two-bedroom flats, yielding 8%.
This property contains four self-contained flats located on the popular Spring Bank, close to the City Centre and all local amenities.
The ground floor retail shop has recently been rented. The current lease runs 24/7/2023 - 23/7/2026 at £7,400 per annum payable 12 monthly in advance.
Flat 1:
Two-bedroom, first-floor flat. Achieving £467.50 per month.
Council Tax Band - A
EPC Rating - E
Flat 2:
Two-bedroom, first-floor flat. Achieving £415 per month.
Council Tax Band - A
EPC rating - D
Flat 3:
Two-bedroom, second-floor flat. Achieving £467.50 per month.
Council Tax Band - A
EPC rating - E
Flat 4:
Two-bedroom, second floor flat. Achieving £495.00 per month.
Council Tax Band - A
EPC Rating - D
Contact our office to arrange a viewing of this amazing investment opportunity. Limited time slots available.
We can also continue our local full-management service for the new buyer.
Council Tax Band: A (Hull Council Tax)
This property contains four self-contained flats located on the popular Spring Bank, close to the City Centre and all local amenities.
The ground floor retail shop has recently been rented. The current lease runs 24/7/2023 - 23/7/2026 at £7,400 per annum payable 12 monthly in advance.
Flat 1:
Two-bedroom, first-floor flat. Achieving £467.50 per month.
Council Tax Band - A
EPC Rating - E
Flat 2:
Two-bedroom, first-floor flat. Achieving £415 per month.
Council Tax Band - A
EPC rating - D
Flat 3:
Two-bedroom, second-floor flat. Achieving £467.50 per month.
Council Tax Band - A
EPC rating - E
Flat 4:
Two-bedroom, second floor flat. Achieving £495.00 per month.
Council Tax Band - A
EPC Rating - D
Contact our office to arrange a viewing of this amazing investment opportunity. Limited time slots available.
We can also continue our local full-management service for the new buyer.
Council Tax Band: A (Hull Council Tax)
Your estimated purchase costs
Find out how much it will cost to purchase this property.
Stamp Duty tax
These figures are estimates and are provided for guidance only
Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
HomeBuyer Service - Everything you need to purchase this property all in one place
- Mortgage advice and application
- Conveyancing fee
- Homebuyer protection insurance
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Property details
£370,000
8 bed house for sale
Spring Bank, Hull, HU3
Amazing investment opportunity, retail shop and four fully tenanted, two-bedroom flats, yielding 8%.
This property contains four self-contained flats located on the popular Spring Bank, close to the City Centre and all local amenities.
The ground floor retail shop has recently been rented. The current lease runs 24/7/2023 - 23/7/2026 at £7,400 per annum payable 12 monthly in advance.
Flat 1:
Two-bedroom, first-floor flat. Achieving £467.50 per month.
Council Tax Band - A
EPC Rating - E
Flat 2:
Two-bedroom, first-floor flat. Achieving £415 per month.
Council Tax Band - A
EPC rating - D
Flat 3:
Two-bedroom, second-floor flat. Achieving £467.50 per month.
Council Tax Band - A
EPC rating - E
Flat 4:
Two-bedroom, second floor flat. Achieving £495.00 per month.
Council Tax Band - A
EPC Rating - D
Contact our office to arrange a viewing of this amazing investment opportunity. Limited time slots available.
We can also continue our local full-management service for the new buyer.
Council Tax Band: A (Hull Council Tax)
This property contains four self-contained flats located on the popular Spring Bank, close to the City Centre and all local amenities.
The ground floor retail shop has recently been rented. The current lease runs 24/7/2023 - 23/7/2026 at £7,400 per annum payable 12 monthly in advance.
Flat 1:
Two-bedroom, first-floor flat. Achieving £467.50 per month.
Council Tax Band - A
EPC Rating - E
Flat 2:
Two-bedroom, first-floor flat. Achieving £415 per month.
Council Tax Band - A
EPC rating - D
Flat 3:
Two-bedroom, second-floor flat. Achieving £467.50 per month.
Council Tax Band - A
EPC rating - E
Flat 4:
Two-bedroom, second floor flat. Achieving £495.00 per month.
Council Tax Band - A
EPC Rating - D
Contact our office to arrange a viewing of this amazing investment opportunity. Limited time slots available.
We can also continue our local full-management service for the new buyer.
Council Tax Band: A (Hull Council Tax)