Hull is 25 miles north-east of Scunthorpe and 60 miles east of Leeds. Hull has been granted the highly coveted city of culture 2017.
The property is located on Durham Street, approximately 2 miles north-east of Hull city centre. Durham Street runs parallel with Jalland Street to the north and Mersey Street to the south.
Durham Street adjoins the A165 which provides direct road access to the city centre and Bridlington in the north.
Hull has recently become increasingly attractive to investors as it is currently undergoing major regeneration. As such companies including Seimens are locating to the area creating thousands of new jobs.
The property is accessed directly from the street and has the benefit of unrestricted parking outside. The property is neutrally decorated throughout and consists of a large through lounge, open plan fitted kitchen / dining room with stainless steel oven, hob and extractor. In addition, a white three piece bathroom is located to the rear of the ground floor.
To the first floor the master bedroom has the benefit of a three piece en-suite facility with walk in shower. In addition, two further double bedrooms occupy this floor.
Stairs to the second floor lead to a large loft room which can easily be used as a fourth bedroom or a useful storage area.
To the rear of the property is a large garden.
Total 118m2 1270ft2
Approx. gross internal floor area as advised on the EPC register.
We understand the property has mains electric, water and drainage.
The current owner has advised us that there are current safety certificates for the gas and electricity.
The property is currently let for £520 per calender month (£6,240 per annum) Representing a gross yield of 9%.
We are also advised the tenants would like to remain in the property on a long term basis.
The property is rated in Council Tax Band A. Council tax payable for 2016 /2017 is £980.31.
Please note an inspection of this property has not been undertaken.
To view this property, please contact John Pye Property – email@example.com – 0115 970 6060
106 Durham Street
✓ Current Rent £525pcm
✓ Reflects 9% gross yield
✓ Tenant in situ
✓ Ideal buy to let
✓ Strong rental area
✓ Popular residential area
✓ Four bedrooms
✓ 2 miles from city centre
Phone: 0115 970 6060
Our Ref: PR135