To Buy: £575,000
MAYFAIR COURT, 50-54 LAMBERT STREET, Hull, East Riding Of 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.