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6 bed property
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Price History
Our Summary
- Potential to increase to 7 bedrooms subject to planning approval
- There is potential to increase the number of bedrooms to seven, subject to planning approval, which could further enhance rental income and investment returns
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Description
This six-bedroom end-terrace house on Morrill Street in Hull is a fully occupied House in Multiple Occupation (HMO) that generates a rental income of £2725 per month, offering a solid return on investment. The property has been recently renovated to a high standard and has two bathrooms and an additional W/C, providing ample facilities for the current occupants. With potential to increase the number of bedrooms to seven, subject to planning approval, the property could further enhance rental income and investment returns, with a projected return on investment of 13.3%.
Located in the HU9 area of Hull, the property offers convenient access to local amenities and transport links, and comes with no chain, allowing for a smoother purchasing process.