3 bed terraced house for sale

Sharp Street, Hull, East Yorkshire HU5

Attention investors - if location is everything, this one is right in the middle of the action!

Positioned in the heart of the ever-popular Newland Avenue area, this classic three-bedroom terrace is already hard at work with long-term tenants in situ currently paying £660 pcm. Based on offers over £100,000, the property delivers an approximate gross yield of 7.9%, making it a smart and straightforward addition to any portfolio.

Sharp Street continues to be one of HU5’s consistently popular rental spots thanks to its unbeatable convenience for Hull University, Hull city centre, and the huge selection of cafés, bars, restaurants, shops, and transport links right on the doorstep.

Inside, the property offers spacious and traditional accommodation briefly comprising an entrance hallway, inner hallway, two reception rooms, and a fitted kitchen complete with integrated oven and hob. Upstairs are three bedrooms together with the bathroom/WC, while outside there’s the added bonus of a rear garden - always a welcome feature for tenants.

Further benefits include:

EPC Rating D
Council Tax Band A (Hull City Council)
Long-term tenants in situ
Approx. 7.9% gross yield
Three-bedroom middle terrace
Two reception rooms
Rear garden
Prime Newland Avenue location
Excellent ongoing rental demand
Ideal ready-made investment opportunity

A well-located investment with income already in place and one of Hull’s most popular postcodes attached - what’s not to like?

Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

HUL260448/8

Agent's Note

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Agent's Note Two

Hmrc is a supervisory body for money laundering regulations, of which all estate agents need to be registered. As part of this, there are multiple requirements that agents must rigorously and consistently meet to ensure they stay compliant with the regulations and protect their clients. To do this, we use an identity verification service, approved by the Government as part of the Digital Identity and Attributes Trust Framework (diatf). This method and the process we follow to ensure compliance for your transaction come with significant time, financial and legal implications hence a portion of this is passed on. We elected for this verification process due to the speed, certainty, and accuracy it delivers. This helps us to protect all our client's interests by using the most advanced verification process to help prevent the impacts of money laundering alongside our internal manual policies and procedures while staying compliant with hmrc.

Agent's Note Two Continued

The administrative charge for this process is £40 plus VAT for a sole purchaser, £65 plus VAT for two purchasers and £75 plus VAT three or more purchasers.