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 2035
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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
Ricky
Buy-to-let investor
“Set up two companies so far to manage two properties via get ground. Very smooth process and have also had the first years accounts done too. Very simple process so far. Great for managing my small property portfolio.”
Ho Chuen
Buy-to-let investor
“The Get ground team is always quick to respond to my queries, both of the UK and HK branches' contacts. I recommend their system and service as a BTL investor.”
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.”
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