Let's Move Sales and Lettings says ..

Property Oracle says ..

This 2-bedroom, 1-bathroom flat in Hull is marketed as an investment opportunity due to its current tenant occupancy, generating an annual income of £6300. The property’s location in the St Andrew’s & Docklands area of Hull offers access to local amenities and schools, with several options within a kilometer’s radius, some of which have good Ofsted ratings. The provided images showcase a functional but modestly finished interior. The kitchen and bathroom are clean and appear adequately maintained, though not luxurious or modern. The floor coverings and wall colours are basic. The exterior of the property, as seen in the photograph, presents as an unremarkable but well-maintained terraced house typical of the area. The lack of information regarding square footage, plot size, and leasehold details makes a comprehensive assessment difficult. Determining the true value hinges on a detailed survey and professional valuation, given the absence of key data points. The asking price of £50,000 seems potentially attractive considering the rental income and the presence of tenants. However, potential buyers should exercise caution and conduct their due diligence before committing to the purchase.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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