The subject property is located on Airlee Street in the residential west side of Kingston Upon Hull
The property was formerly a two bedroom end terraced property which has been converted to form two, one bedroom apartments.
We understand the property is connected to mains gas, electric, water and drainer.
The property is believed to be freehold
The house is sold with the benefit of sitting tenants, and both are long standing tenancies: two years in the case of the ground floor, and ten years for the first. Rents are paid directly from the council in the case of flat 1, and by the tenant for flat 2. There would be potential to increase the rent, either from the current tenants, or potentially when either flat becomes vacant, and at present there is good demand for this type of let.
The properties are rated in Council Tax Band A. Council Tax payable (2016/2017) is £ p.a. These are payable by the tenants.
To view this property, please contact John Pye Property – email@example.com – 0115 970 6060
14 Airlee Street
✓ Two one bedroom flats in terrace house conversion
✓Currently let at £7,280 pa representing a gross yield of 12.6%
✓In an area of high demand for rental property.
✓Long term tenants in situ
✓Garden to ground floor flat
✓Close proximity to amenities
✓Good transport links
Phone: 0115 970 6060
Our Ref: PR257