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5 bedroom terraced house for sale
De Grey Street, Hull HU5
£175,000
De Grey Street, Hull HU5
£175,000
Our Summary
- There is also the added bonus of an extra room, providing the potential for conversion into another bathroom or bedroom to further enhance the property's appeal and rental potential
- With a **ready-to-go setup**, strong rental returns, and potential for further development, this is a fantastic investment opportunity not to be missed
Description
This five-bedroom HMO property in Hull is a lucrative investment opportunity, generating an annual income of £24,460 and offering a yield of approximately 14.0%. The property has a Certificate of Lawful Use and is fully licensed, making it ready to attract student or professional tenants. Located near Hull University and popular Newland Avenue, the property benefits from high demand in the rental market. Additionally, there is potential to convert an extra room into another bathroom or bedroom, further enhancing the property's appeal and rental potential. With a ready-to-go setup and strong rental returns, this property is not to be missed.