Summary - 8 MARLBOROUGH AVENUE HULL HU4 6QD
2 bed 1 bath End of Terrace
Freehold two-bed investment with tenant and immediate rental income, in need of light updating..
- Freehold end-of-terrace with two double bedrooms
- Tenant in situ paying £500pcm (proven payment record)
- Gross yield approx 8.9% at asking price
- Good-sized lounge, large kitchen, downstairs bath and shower
- Small rear yard, compact plot
- Area classed very deprived; local crime rates high
- Likely needs some updating/maintenance to increase value
- Fast broadband and excellent mobile signal
A compact two-bedroom end-of-terrace offered with a long-standing tenant in situ — an immediate income stream for investors. The property is freehold and currently produces £500 pcm rent, equivalent to a gross yield of about 8.9% at the asking price. Accommodation includes a good-sized lounge, large kitchen leading to a downstairs bathroom with bath and shower, two double bedrooms and a small rear yard.
Internally the home is functional with traditional features and neutral finishes; pictures show plain décor, carpeting and a conventional kitchen. The tenant has a proven record of paying on time, which reduces void risk, but possession would require notice if a purchaser wishes to occupy or refurbish. Maintenance and updating may be required to improve capital value and command higher rents.
Location factors are mixed: broadband and mobile signal are good and there are several nearby schools (including an outstanding-rated option). However, the area is classed as very deprived with high local crime rates, and the plot is small. These factors influence tenant demand, longer-term capital growth and management considerations.
This house suits a buy-to-let investor seeking immediate yield from a let property with upsides from modest refurbishment. Be clear about the neighbourhood challenges and ongoing management responsibilities before proceeding.
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