Terraced House for sale on
Sculcoates Lane
HU5, Hull, HU5

£137,500 OIRO
Yield: 12.26%
431
Call Us 01482 014773

Features

  • 4 Bedroom HMO
  • Gross Yield of 12.26%
  • Monthly Income of £1,430
  • Tenants in Situ
  • Investment Opportunity
  • Council Tax Band: C

Description

Tenure: Freehold

Presenting a four bedroom House in Multiple Occupation (HMO) located in the sought-after residential area of HU5, close to Beverley Road and offering a host of amenities and easy access to the city centre and university.

 

As you step inside, you'll find the communal spaces, including a utility room, lounge, two bathrooms and a well-equipped kitchen.

 

The property comprises three generously sized double bedrooms, providing ample space for residents to enjoy privacy and comfort. Additionally, there is a single bedroom, which could be ideal for a student or young professional seeking a more affordable option in this popular location. One of the double bedrooms boasts the added luxury of an en-suite bathroom, making it even more desirable for tenants.

 

The HMO comes fully furnished and has the inclusion of gas central heating. There is a low-maintenance courtyard at the rear, providing an outdoor space for residents.

 

As an investor, you'll be delighted to know that this property already has tenants in situ, generating an annual income of £1,430 per calendar month when fully let. With an attractive return on investment already established, there is potential to enhance the property further to achieve even higher rental yields. Whether through cosmetic upgrades or more substantial renovations, you have the opportunity to maximize its earning potential.

EPC rating: C. Council tax band: C, Tenure: Freehold,

Sales Disclaimer

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.

Documents

EPC Certificate
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EPC Certificate
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