Commercial Property


To Buy: £575,000

MAYFAIR COURT, 50-54 LAMBERT STREET, Hull, East Yorkshire, HU5 2SD

Mayfair Court front building consisting of 3 self contained one bedroom flats and a 3 bed. To the rear provides 12 parking spaces and 3 two bed semi and 3 bed semi. All units have double glazed units, economy 7 storage heaters, lounge, kitchen and bathroom facilities. The 4 semi houses all benefit from rear gardens.

  • Residential investment opportunity.

  • Walking distance from Hull University.

  • Potential rental growth from existing AST lettings or student let.

  • Potential reversion yield of 6.41% after purchaser's costs of 4.97%.

  • 8 residential units ranging from 2 and 3 bed semis to 1 and 3 bed flats with 12 parking spaces.

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