Description

Fabulous 7.5% NET Yield -Guaranteed !!

newly built property with 5 two bed apartments and a large one bed.

New discounted price £445,000

Guaranteed rent (for 2 years) £34,000

This is net of utilities etc as tenants pay all of their own bills and No management fees

Great 3 story building with its own Car park in a very Popular area

Would make an ideal serviced accomodation property via booking.com/airbnb etc, which would increase rents substantially.

 

A very popular property with old and new tenants!

Flat 1 £375.00 (2019 target rent £395.00)

Flat 2 £425.00 (2019 target rent £450.00)

Flat 3 £425.00 (2019 target rent £450.00)

Flat 4 £425.00 (2019 target rent £450.00)

Flat 5 £425.00 (2019 target rent £450.00)

Flat 6 £425.00 (2019 target rent £450.00)

Total £2500.00 per month (2019 £2645.00)

Gross annual rent of £30,000 giving a yield of 6.74% (2019 – 7.13%)

The only costs for the owner of this property is a very small communal electricity charge.

 

Location

The Boulevard is located to the West of the city very close to the A63 leading to the M62. It is within walking distance to The KC Stadium and West Park.

At a glance

  • 3 Floors
  • 9 Bedrooms
  • 6 Bathrooms
  • 6 Kitchens
  • 6 Living Rooms

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Accommodation

There are 2 apartments on each level of the building. All have open plan kitchen/lounge with built in appliances. Modern tiled bathrooms all have three piece suites with low level WC, panelled baths with shower over and wash hand basins. The building is well insulated which in turn provides the tenants with low cost utility bills. All apartments are gas central heated and have good quality double glazing.

For more information about this property

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