My Pad Accommodation Ltd
Tel: 01482 342445
139 Cottingham Road
Hull
HU5 2DH
Cogan House, Bowlalley Lane, Hull
Offers Over £1,650,000
1 Bedroom Block of Flats
INVESTMENT PROPERTY FOR SALE
Cogan House on Bowlalley Lane presents an exceptional investment opportunity. This distinguished block of flats, housed within a striking Victorian building, boasts a fully let portfolio comprising 16 well-appointed apartments. Each unit has been tenanted by working professionals for over 15 years, reflecting the desirability an
d stability of this location.
The property generates a commendable gross annual income of £117,900, offering a robust gross yield of 7.1%. This impressive return on investment makes Cogan House an attractive proposition for discerning investors seeking to expand their portfolio in a thriving area.
The building itself is a testament to Victorian architecture, providing both character and charm, while the apartments are designed to meet the needs of modern living. With a single reception room, one bedroom, and one bathroom per unit, these flats are ideal for professionals looking for comfortable and convenient accommodation.
Cogan House is not just a property; it is a sound investment in a vibrant community. With its long-standing tenant history and consistent income, this opportunity is sure to appeal to those looking to secure a profitable asset in Hull. Do not miss the chance to acquire this remarkable investment property that promises both stability and growth.
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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