Summary - Flat B, 92 Thoresby Street HU5 3RE
2 bed 2 bath Block of Apartments
Immediate rental income with strong yield in sought-after Princes Avenue area.
Freehold building comprising two self-contained flats
A compact freehold building arranged as two self-contained flats, offered with tenants in situ and producing a combined rent of £1,145 pcm. At the guide price this generates an attractive gross yield around 11.45%, making the block a clear buy-to-let addition for investors seeking immediate income and simple portfolio expansion.
The location just off Princes Avenue places the property within walking distance of Pearson Park, MKM Stadium and Hull city centre, with café bars, restaurants and independent shops nearby to support ongoing tenant demand. The building’s period Victorian exterior and solid-brick construction give character and long-term durability, while fast broadband and excellent mobile signal suit modern tenants.
Buyers should note material considerations: the building is small (approx. 420 sq ft in total), the walls are assumed to be solid brick with no added insulation, and some internal areas are compact — improvements may be needed to maximise rental value. A non-refundable Reservation Fee (1.5% of purchase price, minimum £2,500 + VAT) is required on offer acceptance and exclusivity is granted for a fixed period.
This is a straightforward, income-producing investment aimed at purchasers prioritising yield and long-term capital growth rather than immediate hands-on refurbishment. Carrying out a full survey and confirming any refurbishment or compliance costs will help assess upside and holding requirements.
2 bedroom flat for sale in Peel Street, Hull, HU3 1QS, HU3 — £99,995 • 2 bed • 2 bath
Block of apartments for sale in Holderness Road, Hull, HU8 8QY, HU8 — £350,000 • 1 bed • 1 bath • 485 ft²
2 bedroom terraced house for sale in St. Georges Road, Hull, HU3 — £120,000 • 2 bed • 2 bath • 978 ft²
5 bedroom block of apartments for sale in Spring Bank, Kingston Upon Hull, HU3 — £325,000 • 5 bed • 5 bath • 496 ft²
2 bedroom mixed use property for sale in Holderness Road, Hull, HU9 — £120,000 • 2 bed • 1 bath • 2200 ft²
4 bedroom terraced house for sale in Morpeth Street, Hull, HU3 — £150,000 • 4 bed • 4 bath • 539 ft²
