Parliament Street, Hull, HU1 2AP
£410,000
Financial snapshot
Your initial investment
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Estimated deposit
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Purchase fees
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Your total return by 2036
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Annual return
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Rental growth p.a.
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Cap growth p.a.
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Rental income p.c.m.
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Gross yield
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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
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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!”
Shivraj
Buy-to-let investor
“Technical support and the guidance the team provides are simply the best !! The team is quick to respond to your queries and regular follow-ups ensure the matters are resolved to satisfaction. I highly recommend Getground to anyone who has property in the UK and wants the best support.”
Mala
Buy-to-let investor
“Very good service and easy to use for your BTL journey and the best part is you can do big transactions without any hessle. Highly recommend GetGround services to anyone want to start their BTL journey.”
Meet the team