Register or log in to the Ultralets investment portal to view more of our investment properties

1-3 Linden Mews, Hull HU3 2PD

Asking Price

£400,000

Current rent

£2,150


Managed By Ultralets

Tenanted

Works Recommended

Contact Liam to discuss further

Connect on LinkedIn

Mobile: 07361258548

Office: 01482 562 562

Email Address: liam@ultralets.co.uk

Our customers rate us an Excellent local agent

1-3 Linden Mews, Hull HU3 2PD

Asking Price

£400,000

Current rent

£2,150


Managed By Ultralets

Tenanted

Works Recommended

Contact Liam to discuss further

Connect on LinkedIn

Mobile: 07361258548

Office: 01482 562 562

Email Address: liam@ultralets.co.uk


1-3 Linden Mews, Hull HU3 2PD

Tenanted Portfolio in HU3

Available to purchase individually or as a portfolio.

Property Brief

Portfolio consisting of three tenanted residential properties located at Linden Mews, comprising a pair of connected semi-detached houses and a neighbouring detached house. The properties benefit from communal private, gated parking shared exclusively between the three dwellings, with each house held under its own individual freehold title. The entire portfolio is professionally managed by Ultralets. The portfolio includes:

1 Linden Mews - A three-bedroom semi-detached house valued at £120,000.
2 Linden Mews - A three-bedroom semi-detached house featuring a converted loft room valued at £130,000.
3 Linden Mews - A substantial five-bedroom detached property valued at £150,000.

Total portfolio price: £400,000
Total current rent: £2,150 pcm
Total market rent: £2,475 pcm

The entrance is notably secured by the "Hebrew Gates," which are Grade II listed for their historic and architectural significance. Information can be found below:

https://historicengland.org.uk/listing/the-list/list-entry/1392593?section=overview

1 Linden Mews

  • Condition Report: The property is in good condition throughout with no immediate works required.

  • Rental Information: Currently achieving £675 pcm with a market rent of £775. The tenancy commenced in August 2024, with no arrears on account.

  • Compliance: The property holds an EPC rating of D (Potential B) and falls under Council Tax Band A. The last EICR was completed in March 2026, and the Gas Safety Certificate in June 2025.

2 Linden Mews

  • Condition Report: The property presents in fair decorative order overall, though several structural and moisture-related issues require attention: A noticeable horizontal crack in the kitchen and vertical cracking in the rear bedroom, alongside evidence of damp in the ground floor hallway, downstairs WC, and the first-floor stairway - the latter suggesting water ingress. While the kitchen remains in good condition and the first-floor bathroom is fair, the shower rooms are dated, with the ground-floor facility remaining functional despite its age.

  • Rental Information: Currently achieving £725 pcm with a market rent of £775. The tenancy commenced in January 2022, with no arrears on account.

  • Compliance: The property holds an EPC rating of D (Potential C) and falls under Council Tax Band A. The last EICR was completed in July 2023, and the Gas Safety Certificate in January 2026.

3 Linden Mews

  • Condition Report: The general decor is fair, with several improvements currently underway as the owner is boarding, skimming, and decorating the living room's exposed brick wall and painting the recently plastered dining room. This sequence of works extends to the first-floor hallway, which has been skimmed and is scheduled for painting, while the kitchen remains in good condition, and the tenant has expressed intent to recarpet several bedrooms. Externally-driven issues are limited to minor evidence of water ingress in the front bedroom.

  • Rental Information: Currently achieving £750 pcm, with a market rent of £925 pcm. The tenancy commenced in June 2020, with the tenant currently in less than one month's arrears due to a short period of absence from work, with a commitment to clearing the balance shortly.

  • Compliance: The property holds an EPC rating of D (Potential C) and falls under Council Tax Band C. The last EICR was completed in February 2022, and the Gas Safety Certificate in September 2025.

Figures
Estimated upfront costs below:

Deposit = £100,000
Stamp duty = £30,000
Ultralets fee = £7,200

Total = £137,200 excl. solicitor and mortgage fees.

Current yield is 6.5% (or 7.4% at market rents).

 

Buyer Disclaimer - https://bit.ly/3CzncNu

We also have an in-house landlord insurance expert. Call the office on 01482 562562 and ask to speak with Jack Newton


Key Features

Managed By Ultralets

Tenanted

Works Recommended

House

11 Bedrooms

5 Bathrooms

Gas Central Heating

Double Glazing

Freehold


Location and area


Energy Performance Certificate

See below the energy charts for this property