Residential investment & Potential redevelopment Site - A mixture of ground and first floor flats (7 in total plus a garage and yard) with an income of £53,880 per annum (from March 2026)
An opportunity to acquire a fully Let residential investment block, comprising seven flats and a garage and car park. Located on Egginton Street close to Hull City Centre and its associated amenities.
The property comprises a traditionally brick built property under a multi pitched roof covered in slate and concrete tiles. The property has been converted to provide seven self-contained flats and a separate garage.
DEVELOPMENT SITE / CAR PARK
Plans have been prepared to show 6 apartments to be erected on land currently utilised as a car park.
ACCOMMODATION
Flat 1 2 bed EPC Rating C
Flat 2 1 bed EPC Rating C
Flat 3 1 bed EPC Rating C
Flat 4 2 bed EPC Rating D
Flat 5 1 bed EPC Rating D (Expired)
Flat 6 2 bed EPC Rating D (Expired)
Flat 7 1 bed EPC Rating D
Separate Garage
Total income £53,880 per annum gross from March 2026.
All the flats are let on Assured Shorthold Tenancies.
SERVICES
We are advised that each flat is separately metered.
PRICE
Available For Sale at a guide price of £925,000
LEGAL COSTS
Each party will be responsible for their own legal costs incurred together with any Stamp Duty Land Tax that may be payable.