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 2035
-
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
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!”
Sam
Buy-to-let investor
“Without a doubt the most efficient way to purchase property via a limited company structure. The service is seamless and efficient whilst being the most cost effective in the market. The staff are always responsive and extremely knowledgable.”
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.”
Meet the team