Property Brief

Tenanted 2-bed semi-detached house on Kingswood, Hull. The ground floor comprises a entrance hall, a modern kitchen with a built-in fridge freezer, oven, hob and a free-standing washing machine. There is also a W/C and  living room with french doors that lead out to the low-maintenance garden. The first floor comprises doouble bedrooms and a three-piece bathroom suite. 

This property also benefits from a tandem drive to the rear. 

Listing pictures taken pre-tenancy.

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

Rental Information
Current rent: £750 pcm
Market rent: £795 pcm
Tenancy start date: August 2023
Tenant info: Two working tenants. No history of arrears on account.

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

Figures
Estimated upfront costs below:

Deposit = £35,000
Stamp duty = £7,300
Broker fee (Est.) = £495
Solicitor fee (Est.) = £1,400
Ultralet's buyer fee = £2,520

Total = £46,715

Offering a yield of 6.4% (or 6.8% 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.