Summary - 71, Plane Street, HULL HU3 6BU
4 bed 3 bath Block of Apartments
**Standout Features:**
- Fully let investment property with three self-contained flats
- Total annual rental income of approximately £23,700
- High gross yield of 12.4%, ideal for investors
- Prime location near Hull Royal Infirmary and MKM Stadium
- Reliable tenants already in place
- Well-maintained throughout
- Chain-free and freehold ownership
- Affordable council tax
**Summary:**
Welcome to this exceptional investment opportunity on Plane Street, Hull, featuring three well-maintained self-contained flats generating a total annual rental income of around £23,700. This property achieves a remarkable gross yield of 12.4%, making it a golden prospect for discerning investors seeking hassle-free cash flow. Each flat is fully let to reliable tenants, with rents at £600, £650, and £725 per month respectively.
Positioned in a prime location, you'll enjoy proximity to Hull Royal Infirmary, MKM Stadium, and a host of amenities. With charming Victorian architecture, high ceilings, and an urban setting, this block of apartments offers character along with strong rental potential. Although minor modernization of the kitchens is recommended, the property remains in good overall condition, ensuring its desirability to future tenants.
This unique opportunity is both lucrative and secure, appealing to first-time buyers looking to cement their investment portfolio or seasoned investors aiming to maximize returns. Don't miss out on such a rare find—schedule a viewing today to secure this income-generating gem in an area with promising growth potential!
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