53 Coltman Street

Property Features

  • Duplex flat
  • 9.75% Gross Yield
  • Double Glazing
  • Tenant in Situ
  • 0.5 Miles to Hull Royal Infirmary
  • Bathroom & En-Suite
£40,000 Asking Price Of
  • Ref: 12434
  • Type: Flat / Apartment
  • Availability: Sold
  • Bedrooms: 1
  • Bathrooms: 2
  • Reception Rooms: 1
  • Tenure: Leasehold

Property Summary

INVESTMENT Purchase - offering a gross yield of 9.75%. And c34% Return on Cash Invested
Period flat over 2 levels - high yielding addition to a current portfolio or good investment start.

Full Details

FULL DESCRIPTION Osprey Investment are pleased to offer to the market a period property in central Hull, 0.5 miles from the Hull Royal Infirmary with a current yield of 9.75%. Potential Rental Value is 11.25%, c34% Return on Cash invested. Centrally located for all amenities. A strong investment opportunity for anyone seeking a hands off high yielding investment.

The property : Entrance hall, lounge, kitchen and full bathroom to the ground floor with a double bedroom and en-suite WC to the first floor. The building has a communal garden which is accessible to the residents of all flats.

LOUNGE 12' 6" x 10' 8" (3.81m x 3.25m) Newly decorated with UPVC double glazed window to side, UPVC double glazed window to rear, radiator, laminate flooring, door to:

KITCHEN 10' 6" x 8' 2" (3.2m x 2.49m) Fitted with a matching range of modern base and eye level units with worktop space over, stainless steel sink, plumbing for washing machine, space for fridge/freezer, fan assisted oven, built-in four ring gas hob with extractor hood over, UPVC double glazed window to side, radiator, laminate flooring, open plan, door to:

REAR HALL Laminate flooring continues from kitchen, door to:

BATHROOM Fitted with white three piece suite comprising deep panelled bath, pedestal wash hand basin and low-level WC, tiled surround, UPVC double glazed window to side, UPVC double glazed window to rear, radiator, laminate flooring.

ENTRANCE HALL Bare wood floorboards, UPVC double glazed window to side, stairs leading up to:

BEDROOM Bare wood floorboards, radiator, UPVC double glazed window to rear, door to:

WC Two piece suite comprising pedestal wash hand basin and low-level WC, tiled splash-backs.

IMPORTANT NOTICE: Property Mis-descriptions Act 1991 Property details herein do not form part or all of an offer or contract. Any measurements are included are for guidance only and as such must not be used for the purchase of carpets or fitted furniture etc. We have not tested any apparatus, equipment, fixtures or services neither have we confirmed or verified the legal title of the property. All prospective purchases must satisfy themselves as to the correctness and accuracy of such details provided by us. We accept no liability for any existing or future defects relating to any property. Any plans shown are not to scale and are meant as a guide only