Property listed as part of a portfolio
https://www.ultralets.co.uk/investors/properties/portfolio2

Property Brief
Tenanted three-bed terrace house located on Pitt Street, HU3. The ground floor includes an entrance hall, open-plan living/dining room and kitchen, whilst the first floor comprises three bedrooms and a bathroom. There is a low-maintenance garden to the rear of the property.

Fully double-glazed and gas central heating.

Condition Report
The property is in reasonable condition, with both the kitchen and bathroom presented in fair order. While there were previous signs of minor water ingress in the back bedroom due to gutter debris, the gutters have since been cleared and the issue is resolved. The general decor is also in fair condition.

Rental Information
Current rent: £595 pcm
Market rent: £625 pcm
Tenancy start date: April 2024

Comparables
2 x similar 3-bed properties located on comparable streets off of Albert Avenue. The property on the left sold for £82,000 in August 2025 and the property on the right sold for £85,000 in April 2025. Both properties are of comparable size and condition.

Compliance
Electrical certificate (EICR): Test date July 2023
Gas safety certificate: Test date November 2025
EPC rating: C (potential B)
Council Tax Band: A

Figures
Estimated upfront costs below:

Deposit = £18,125
Stamp duty = £3,625
Broker fee (Est.) = £495
Solicitor fee (Est.) = £1,400
Ultralet's buyer fee = £1,800

Total = £25,445

Current yield of 9.8% (or 10.3% 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.