8 bedroom terraced house for sale

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8 bedroom terraced house for sale

Grafton Street, Hull, HU5
£215,000

Our Summary

  • A fantastic HMO investment opportunity
  • 5% interest rate and taking buying costs into account (including the buyers fee) the investment opportunity benefits from a projected cashflow of over £703 per calendar month and ROI of 11

Description

This eight-bedroom, two-bathroom property is a fantastic HMO investment opportunity located on Grafton Street, within walking distance of the University. The property's spacious and versatile accommodation, designed to appeal to young professionals and students, offers a projected cashflow of over £703 per month and a return on investment of 11.2%. The property features a bright and spacious open-plan kitchen, dining, and living area, as well as eight bedrooms, two bathrooms, and an enclosed rear yard. The property is fully double-glazed and heated by an Ideal gas combi-boiler. With a buyer's premium of 3% + VAT, this property presents a unique opportunity for investors to capitalize on the growing demand for student and professional accommodation in the area.
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