Income-producing buy-to-let near the university with refurbishment potential.
Two-bedroom Victorian mid-terrace with bay window
A two-bedroom Victorian mid-terrace offering clear investor appeal in Newland Avenue, close to the University of Hull and local amenities. The property is let on an AST producing £6,600pa (around 10% yield on the guide price), providing immediate income for a buyer seeking rental return.
The house is a traditional brick terrace with a bay window and a small, low-maintenance front garden. Internally the property shows as a period fixer-upper and will require updating and modernisation to improve rental value or convert to owner-occupation. Broadband speeds are fast and flood risk is low.
This freehold lot will be sold at auction with a 5% deposit on exchange, a buyer’s premium (5% + VAT, minimum £5,000 + VAT) and a 28-day completion requirement. The area is a cosmopolitan student and professional neighbourhood but sits within a deprived ward with higher-than-average crime; buyers should weigh location risks alongside rental demand.
Suitable for investors targeting student or professional lets who want immediate income and scope to add value through refurbishment. Interested parties must review the legal pack before bidding and allow for any special conditions or additional costs listed therein.
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