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Buy to Let

98/98a De Grey Street HU5 2RR

*For further information, text: "610" to 07803 410 237

WHY INVEST IN THIS PROPERTY

  • This property has been split into 2x 1 bedroom apartments. Both apartments have there own address and pay there own council tax but the title deed hasnt been split.
  • ​Located within walking distance of Hull City Centre, offering bars, restaurants shops and transport links
  • ​​Hull was the UK City of Culture in 2017. Tourism numbers were estimated to rise by over a million since this award
  • ​Short walk to the stunning marina area of Hull and extremely popular tourist attraction "The Deep"
  • Less than 10 minute drive to the Hull P&O Ferry Port with frequent services to Holland and Belgium

THE NUMBERS

  • ​Purchase price: £120,000
  • ​25% deposit: £30,000
  • ​Legals & stamp duty: £4,800
  • ​Sourcing fee: £3000 + Vat
  • Total cost: £34,800
  • ​Achievable rent: £790 pcm
  • ​Achievable rent per year: £9,480
  • ROI: 14.03%
*For further information, text: "610" to 07803 410 237
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