Under Offer

Hull Portfolio – Attractive majority let residential investment opportunities

Offers in excess of £2,000,000

Property Types:
Portfolio, Residential
Tenure:
Leasehold

Description

  • 33 individual Leasehold interests
  • 33 flats arranged across 5 buildings and two locations
  • Affluent and sought after residential locations within 1.5 miles of the city centre
  • Majority let subject to Assured Shorthold Tenancies
  • Total Gross Current Rent Reserved: £199,140 per annum
  • Total Estimated Rental Value: £220,140 per annum

Offers in excess of £2,000,000 are invited for the Leasehold interests subject to all existing tenancies, subject to contract.

A purchase at this level would reflect a gross initial yield of 9.96% (based upon passing rent) and 11% (based upon ERV).

Subject to contract