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2 bedroom Mid Terrace House for sale, Leonards Avenue, Alexandra Road, East Yorkshire, HU5
Features and Description
- ATTENTION INVESTORS – Appealing two-bedroom period terrace with tenants already in situ.
- ASKING PRICE £80,000 – An affordable addition to any rental portfolio.
- £600 PCM CURRENT RENT – Established rental income from day one.
- 9% POTENTIAL GROSS YIELD – £7,200 annual rental income.
- TWO WELL-PROPORTIONED BEDROOMS – Practical accommodation for tenants.
- Sitting room and fitted kitchen.
- GAS CENTRAL HEATING – Radiator heating throughout.
- DOUBLE GLAZING – Added comfort and efficiency.
- POPULAR HU5 NEWLAND LOCATION – Close to the independent shops, cafés and amenities of Newland Avenue.
- EPC GRADE D & COUNCIL TAX BAND A – A ready-made rental investment demanding attention!
ATTENTION INVESTORS – A READY-MADE RENTAL INVESTMENT WITH TENANTS ALREADY IN SITU!
This appealing two-bedroom, forecourt-fronted period terrace is offered to the market at an asking price of £80,000, with tenants already in occupation and currently paying £600 per calendar month. That's an annual rental income of £7,200, producing an attractive potential gross rental yield of 9%. No waiting around for a tenant to move in – the rental income is already established!
Enjoying a position along a pedestrianised terrace leading off Alexandra Road, right in the popular HU5 Newland district of the city. The property is conveniently placed for the excellent local amenities and independent shops, cafés and eateries found along the vibrant Newland Avenue, making this a popular location for tenants.
THE ACCOMMODATION
Benefiting from gas central heating via radiators and double glazing, the well-proportioned accommodation offers a practical layout comprising a comfortable sitting room, kitchen, rear lobby and bathroom to the ground floor.
Moving upstairs, the first-floor landing provides access to two nicely proportioned bedrooms, offering comfortable accommodation for the current tenants.
OUTSIDE
To the front is an enclosed forecourt garden, whilst to the rear is a small enclosed courtyard area.
THE INVESTMENT DETAILS
Asking Price: £80,000
Current Rent: £600 PCM
Annual Rental Income: £7,200
Potential Gross Rental Yield: 9%
Council Tax Band: A – Kingston upon Hull City Council
EPC Rating: D
A ready-made investment with tenants in situ, an established rental income and a very appealing headline yield. Investors, this one deserves a closer look!
Sitting Room
11'9" x 11'3" (3.58m x 3.43m)
A comfortable reception room positioned at the front of the property, featuring a double-glazed walk-in bay window allowing in plenty of natural light. Accessed via the double-glazed entrance door, the room is centred around a feature gas fire set upon a marble-effect hearth, with ceiling coving, radiator and a door leading through to the kitchen. A welcoming space for tenants to relax and unwind.
Breakfast Kitchen
11'4" x 9'3" (3.45m x 2.82m)
A practical kitchen fitted with a range of wall and base units, complemented by laminate work surfaces and tiled splashbacks. There's a stainless steel sink unit positioned beneath the rear-facing double-glazed window, space for freestanding appliances and useful under-stairs storage. The staircase leads to the first floor, with laminate flooring and a radiator completing the space.
Rear Lobby
3'1" x 2'11" (0.94m x 0.90m)
A useful connecting area with a double-glazed entrance door providing access to the rear courtyard, together with a door leading through to the bathroom.
Bathroom
6'6" x 5'9" (1.98m x 1.75m)
Fitted with a three-piece white suite comprising a panelled bath, wash hand basin and low-flush WC. There's a side-facing double-glazed window, ceramic wall tiling and radiator.
Landing
2'6" x 2'3" (0.76m x 0.69m)
A central landing providing access to both bedrooms.
Principal Bedroom
11'9" x 9'3" (3.58m x 2.82m)
A well-proportioned principal bedroom positioned at the front of the property, featuring a double-glazed window, ceiling coving and radiator.
Bedroom 2
8'10" x 8'6" (2.70m x 2.60m)
A second bedroom positioned to the rear, with a double-glazed window and radiator. Offering flexibility for tenants' sleeping arrangements or alternative use as a home office.
Front Forecourt
To the front is an enclosed forecourt garden, accessed via a gated pedestrian entrance leading to the front door.
Rear Courtyard
To the rear is a further small enclosed courtyard, with gated pedestrian access beyond.
Agent's Note 1
To fulfil the obligation to share material information, please follow the web link where you'll find a comprehensive document containing key facts for buyers, providing valuable insights related to the property that you'll undoubtedly find useful.
Agent's Note 2
HMRC is a supervisory body for money laundering regulations, of which all estate agents need to be registered. As part of this, there are multiple requirements that agents must rigorously and consistently meet to ensure they stay compliant with the regulations and protect their clients. To do this, we use an identity verification service, approved by the Government as part of the Digital Identity and Attributes Trust Framework (DIATF). This method and the process we follow to ensure compliance for your transaction come with significant time, financial and legal implications hence a portion of this is passed on. We elected for this verification process due to the speed, certainty, and accuracy it delivers. This helps us to protect all our client's interests by using the most advanced verification process to help prevent the impacts of money laundering alongside our internal manual policies and procedures while staying compliant with HMRC.
Agent's Note Two Continued
The administrative charge for this process is £40 plus VAT for a sole purchaser, £65 plus VAT for two purchasers and £75 plus VAT three or more purchasers.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Leonards Avenue, Alexandra Road, East Yorkshire, HU5
Additional Information
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Property refHUL260718
-
EPCD
-
TenureFreehold
-
Council TaxA
-
Local authorityHull City Council
Similar properties for sale by Reeds Rains Hull Newland
A comfortable reception room positioned at the front of the property, featuring a double-glazed walk-in bay window allowing in plenty of natural light. Accessed via the double-glazed entrance door, the room is centred around a feature gas fire set upon a marble-effect hearth, with ceiling coving, radiator and a door leading through to the kitchen. A welcoming space for tenants to relax and unwind.
A practical kitchen fitted with a range of wall and base units, complemented by laminate work surfaces and tiled splashbacks. There's a stainless steel sink unit positioned beneath the rear-facing double-glazed window, space for freestanding appliances and useful under-stairs storage. The staircase leads to the first floor, with laminate flooring and a radiator completing the space.
Fitted with a three-piece white suite comprising a panelled bath, wash hand basin and low-flush WC. There's a side-facing double-glazed window, ceramic wall tiling and radiator.
A well-proportioned principal bedroom positioned at the front of the property, featuring a double-glazed window, ceiling coving and radiator.
A second bedroom positioned to the rear, with a double-glazed window and radiator. Offering flexibility for tenants' sleeping arrangements or alternative use as a home office.
To the rear is a further small enclosed courtyard, with gated pedestrian access beyond.
The pin shows the exact address of the property
Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
66Potential
89CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
