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11 Lorraine Street, Hull HU8 8EG

Asking Price

£70,000

Current rent

£575


Managed By Ultralets

Vacant

Ready To Let

Contact Liam to discuss further

Connect on LinkedIn

Mobile: 07361258548

Office: 01482 562 562

Email Address: liam@ultralets.co.uk

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11 Lorraine Street, Hull HU8 8EG

Asking Price

£70,000

Current rent

£575


Managed By Ultralets

Vacant

Ready To Let

Contact Liam to discuss further

Connect on LinkedIn

Mobile: 07361258548

Office: 01482 562 562

Email Address: liam@ultralets.co.uk


11 Lorraine Street, Hull HU8 8EG

Vacant 2-bed End-terrace House

Property Brief
Two-bed end-terrace house located on Lorraine Street, HU8. The ground floor includes a reception room, kitchen and bathroom, whilst the first floor comprises two double bedrooms. There is a small low-maintenance, courtyard-style garden to the rear of the property.

The property is currently tenanted, with the tenant serving notice and due to leave the property on 4th June.

Listing pictures taken pre-tenancy.

Condition Report
The property is in a good, lettable condition throughout.

Rental Information
Market rent: £575 pcm

Compliance
Electrical certificate (EICR): Test date April 2022
Gas safety certificate: Test date March 2026
EPC rating: D (potential B)
Council Tax Band: A

Figures
Estimated upfront costs below:

Deposit = £17,500
Stamp duty = £3,500
Broker fee (Est.) = £495
Solicitor fee (Est.) = £1,400
Ultralet's buyer fee = £1,800

Total = £24,695

Yield of 9.9% at market rent.

 

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

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


Key Features

Managed By Ultralets

Vacant

Ready To Let

House

2 Bedrooms

1 Bathroom

Gas Central Heating

Freehold


Location and area


Energy Performance Certificate

See below the energy charts for this property


Floor Plan