Park Grove, Princes Avenue, Hull, HU5 5 bed terraced house for sale

>

Park Grove, Princes Avenue, Hull, HU5 5 bed terraced house for sale

Park Grove, Princes Avenue, Hull, HU5
£225,000

Our Summary

  • Purchase Price - £225,000Gross Rent Receivable - £29,184Gross Yield - 13%The property has recently been Granted its HMO Planning Approval and is fully licensed HMO in an article area
  • Lots of potential

Description

This 5-bedroom house in Park Grove, HU5, has been converted into a 5-double en-suite house share, currently occupied by 5 working professionals. Located on Princes Avenue, the property is close to bars, cafes, restaurants, and Pearson Park, as well as being within walking distance to the city centre and Hull University. Additionally, it is near Hull Royal Infirmary. With HMO planning approval and a full HMO license, the property offers a gross yield of 13% and a purchase price of £225,000, generating a gross rent of £29,184. Serious buyers only, with a positive view in mind, are invited to view this fantastic investment opportunity.