Parliament Street, Hull, HU1 2AP
£410,000
Financial snapshot
Your initial investment
-
Estimated deposit
-
Purchase fees
-
Don't have enough deposit?
Explore how to invest together
Your total return by 2036
-
Annual return
-
Rental growth p.a.
-
Cap growth p.a.
-
Rental income p.c.m.
-
Gross yield
-
Indicative returns are based on historic data - please note past performance is not necessarily indicative of future results and actual returns may differ materially from the returns indicated here
Need a mortgage to finance this property?
GetGround can help!
Mortgages based on the following:
I have a £0 deposit and live in GB
We couldn't find mortgages based on your criteria
Edit details or click below for a more advanced mortgage search.
Area highlights
Property snapshot
Apartment
0 sq ft
4 Bedrooms
1 Bathroom
Tenanted
Freehold
Overview
This apartment block on Parliament Street, Hull, HU1 2AP, is a prime buy-to-let investment, offered at £410,000, reflecting a 3.6% discount. The property, comprising four self-contained apartments (1 x 2-bed and 3 x 1-bed), is fully tenanted with a total annual rental income of £32,400, yielding a strong 7.6%. With the block converted in 2022, it offers modern living with EPC ratings of C and council tax bands B & C. The location, close to Hull's old town centre, provides excellent demand for short-term rentals, and there is potential for further rental growth. This property offers net monthly cashflow of £1,418, or £17,016 annually, making it a solid addition to any investor's portfolio.
What our customers say about us
Eric
Buy-to-let investor
“What I like about Get Ground is just how easy the team there are to deal with. The website is secure, clean and simple to navigate around. It allows you to have visibility of your property portfolio and all the associated documentation related to each property. The team will also take care of your annual accounts. All this for a very reasonable annual fee.”
Matt
Buy-to-let investor
“It has been great dealing with Get Ground. Having worked with them for a number of years now, they have provided a great service to our clients and I wouldn't hesitate to recommend them.”
Graham
Buy-to-let investor
“The Getground service really makes the process of setting up and running a SPV company, and associated banking, a seamless easy process all for a low monthly fee. Support has always been on hand when needed with help for accounting submission etc. Highly recommend!”
Meet the team