6 bedroom house share for sale

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6 bedroom house share for sale

Ella Street, Hull
£185,000

Our Summary

  • Offered at a price below the market average, this property represents an excellent investment opportunity
  • NOTE: There are some minor works needed to satisfy licence conditions, and these works can be completed by MyPad's sister building company My Repair

Description

This six-bedroom property is an attractive investment opportunity, offering a current rental income of circa £22,000 per annum and potential to achieve a gross income of £34,000 per annum at full capacity. Situated in a prime location next to Newland Avenue, it's ideal for students and offers a welcoming reception room, two bathrooms, and two ensuite bathrooms. Although some minor works are needed to satisfy licence conditions, these can be completed by the seller's sister company for circa £5,000. With its below-market price and potential for significant rental income, this property represents an excellent investment opportunity for savvy investors.