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3 bedroom house share for sale
Virginia Crescent, Kingston Upon Hull
£110,000
Virginia Crescent, Kingston Upon Hull
£110,000
Our Summary
- For Sale: Investment Opportunity – Fully Let 3-Bedroom HMO Property in Virginia Crescent, Kingston Upon Hull, HU5 1PT – £110,000Attention Investors
- Key Investment Highlights:High Yield Potential: Generating an impressive annual income of £16,380 (equivalent to £1,365 per month) from three fully let rooms at £105 per week (bills inclusive), this property offers a strong potential yield of approximately 14
- With a competitive price of £110,000 and significant potential for capital growth, this property is primed to deliver a solid return on investment
Description
This fully let 3-bedroom HMO property in Kingston Upon Hull's HU5 area is an attractive investment opportunity for those looking to expand their portfolio or enter the thriving Hull rental market. The property generates an impressive annual income of £16,380, equivalent to £1,365 per month, from three fully let rooms at £105 per week (bills inclusive), offering a strong potential yield of approximately 14.9% based on the asking price of £110,000. With a prime location near key amenities and excellent transport links, the property benefits from high rental demand due to its appeal to both student and professional markets. The city of Hull boasts a strong rental market, particularly for HMOs and student housing, offering consistent rental returns and strong tenant demand. Viewings are available by appointment only, making this an exceptional opportunity to invest in one of Hull's most in-demand rental markets.