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5 bedroom house of multiple occupation for sale
Ryde Street, Hull, East Riding Of Yorkshire, HU5
£149,950
Ryde Street, Hull, East Riding Of Yorkshire, HU5
£149,950
Our Summary
- This charming 5-bedroom terraced house has a footprint of 853 square feet and offers excellent investment potential, blending contemporary design with spacious living areas and abundant natural light
- Situated in a sought-after area, this property is perfect for investors seeking a modern, HMO with the potential for healthy rental yields
- The combination of large rooms, natural light, and spacious low-maintenance outdoor space combined with the property location, makes this property highly desirable for tenants and an excellent investment opportunity for buyers
- The property sits within an Article 4 area which prevents the conversion of C3 (residential dwellings) into C4 HMO's without planning permission, due to the cap on new supply the demand for these properties has gone up significantly and as such the values are strong
- This property presents an excellent investment opportunity for property investors seeking to acquire an HMO in East Yorkshire
- Located on Ryde Street, it's perfect for expanding an existing portfolio or starting a new one, offering consistent potential for strong rental returns
- Fantastic HMO Investment Opportunity
Description
This charming 5-bedroom terraced house offers excellent investment potential, blending contemporary design with spacious living areas and abundant natural light. With a footprint of 853 square feet, the property is situated in a sought-after area and is perfect for investors seeking a modern, HMO with the potential for healthy rental yields. The property features a modern kitchen, large rooms, and a spacious low-maintenance outdoor space, making it highly desirable for tenants and an excellent investment opportunity for buyers. The property meets current fire regulation requirements and has a fire alarm system installed, as well as a fire blanket in the kitchen. The living area is furnished with a long white leather sofa, a four-person dining table, and a large wall-mounted TV, offering an ideal space for relaxation and entertaining. The property also features two downstairs bedrooms, two upstairs bedrooms, and two bathrooms, including a neutral bathroom and a sleek shower room. With a projected cashflow of £516.41 per month and ROI of 11.1%, this property presents an excellent investment opportunity for property investors seeking to acquire an HMO in East Yorkshire.