Cottingham Road, Hull
TU

Cottingham Road, Hull

By Tulip Investment Sales

£ 5,486,500

Reviews

2 out of 5 stars

Tulip Investment Sales says ..

Freehold Student portfolio comprising 46 Freehold Houses and Flats in multiple occupation Comprising 211 bedrooms From 1 bedroom flats to 8 bedroom HMO properties The properties are let to Students for current academic year and the portoflio is fully let. Currently...

Property Oracle says ..

This listing presents a significant student housing portfolio in Hull, near the University of Hull. The portfolio comprises 46 freehold houses and flats, totaling 211 bedrooms. The properties range from one-bedroom flats to eight-bedroom HMOs, and are currently fully let to students for the academic year. The lack of individual property details, such as square footage and plot size, presents a major limitation to a complete analysis. The available images showcase a selection of renovated kitchens and bedrooms in some of the properties. The images present a mixture of modern fittings with more traditional building characteristics, however more images would allow for a clearer assessment of the state of the whole portfolio. The location near the university is a strong selling point, given high demand for student accommodation in this area. The high asking price, however, requires thorough due diligence to assess its overall value. The high number of units, combined with the high price, means that rental income and vacancy rates should be thoroughly examined and independently verified to assess the viability of this investment opportunity. Potential buyers should carry out independent research, review the portfolio documents with legal and financial professionals to confirm the overall viability and value of the investment. The absence of key data regarding the individual units means there’s a considerable level of uncertainty. Prospective buyers should be aware of this lack of information and proceed with caution, carrying out comprehensive due diligence before making a purchase decision. This investment is suited to a property portfolio investor with experience in student housing with a high risk tolerance. The current lack of data would be a barrier to most potential buyers. However, the potential yield might be sufficient to offset this for the right investor.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
2
Bedrooms
211
Bathrooms
82

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
226,831.00 £
Increased by 13.45 %
from 199,943.00 £
Average area rental value
842.00 £/mo
Decreased by 66.32 %
from 2,500.00 £/mo
Est rental Yield
4.45 %
Decreased by 70.33 %
from 15.00 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Tulip Investment Sales created the listing.

Nearby Schools

NameTypeOfstedDistance
Sidmouth Primary SchoolAcademy Converter0.24 KM
St Nicholas Primary SchoolAcademy ConverterGood0.46 KM
University Of HullHigher Education Institutions0.55 KM
Endsleigh Holy Child Vc AcademyAcademy ConverterGood0.67 KM
St Mary'S College, Voluntary Catholic AcademyAcademy Converter0.76 KM

Images

AdobeStock_161837659_Preview.jpeg IMG_0055.jpg WhatsApp Image 2022-05-07 at 12.50.47 PM.jpeg IMG_0018.jpg 2V2A9706.jpg IMG_0034.jpg IMG_0004.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Salisbury Gardens £ 000.00 KM
Rokel Court £ 000.00 KM
Mansfield Court £ 000.00 KM
Queens Gardens £ 000.00 KM
Bethnal Green £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Hull8126HUL3.29 KM
Cottingham8056CGM5.09 KM
New Holland6209NHL7.42 KM
Barrow Haven6212BAV8.61 KM

Nearby Listings

AddressPriceTypeScoreDistance
Waddington Court, Cottingham Road, Hull, HU5 2DA £ 75,000BUY5 / 100.06 KM
Cottingham Road, Kingston Upon Hull £ 380,000BUY4 / 100.10 KM
Cranbrook Avenue, Hull £ 225,000BUYUnknown0.12 KM
Scholars Drive, Hull, HU5 2DB £ 370,000BUYUnknown0.13 KM
26 Falmouth Street £ 130,000BUY5 / 100.15 KM

Nearby Properties

AddressPriceDistance
110a Cottingham Road £ 70,0000.09 KM
72 Cottingham Road £ 241,5000.12 KM
28 Cranbrook Avenue £ 122,0000.13 KM
2 Scholars Drive £ 335,0000.14 KM
43 Scholars Drive £ 329,0000.14 KM