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8 bedroom terraced house for sale
Grafton Street, Hull, HU5
£215,000
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.