Property Brief
Vacant three-bed, mid-terrace property located on Myrtle Avenue, HU3. The property features an entrance hall, living room, kitchen and bathroom on the ground floor. The first floor includes three bedrooms. There is a small, low-maintenance garden to the rear.

Condition Report
The vendor has partly refurbed the property but there are still some outstanding works:

• Replace a single cracked pane in the front bay - Est. £200
• New flooring throughout - Est. £1,800
• Kitchen and bathroom deep clean - Est. £100

Total estimated works - £2,100

Rental Information
Market rent: £650 pcm

Compliance
Electrical certificate (EICR): Test date November 2020
Gas safety certificate: Test date July 2024
EPC rating: D (potential B)
Council Tax Band: A

Figures
Estimated upfront costs below:

Deposit = £16,250
Stamp duty = £3,250
Broker fee (Est.) = £495
Solicitor fee (Est.) = £1,200
Ultralets fee = £1,800

Total = £22,995

The property would achieve a yield of 12% based on market rent.

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To speak to our in-house Mortgage Advisor, call the office on 01482 562562 and ask to speak to Jack Newton.