available
£189,995
This fully licensed HMO is located in Hull, a city known for its vibrant culture and strong rental market. Each of the five bedrooms comes with an en-suite bathroom, ensuring privacy and convenience for tenants. With an impressive rental income of £2450 per month and a high occupancy rate, this property is an excellent choice for investors looking to expand their portfolio. This rental income also has the capacity to be increased further upon completion of sale.
The property has been refurbished to a high standard internally, ensuring minimal maintenance for the new owner. It is situated close to schools and local amenities, making it appealing to a wide range of tenants. There is parking available at the rear, adding further convenience for residents.
With an EPC rating of D, this property presents a great opportunity in the affordable housing sector. The potential return on investment of over 14% is exceptional, making this a compelling opportunity for savvy investors. Act now to explore this opportunity further.
*A buyer's premium of 1% + VAT, (subject to a minimum of £2995 + VAT) of the agreed sale fee applies to this property. 25% of the total fee (a minimum of £995 + VAT) must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see the 'Buyer's Premium' page on our website for more information.
