6 bedroom house share for sale

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6 bedroom house share for sale

De Grey Street, Hull
£225,000

Our Summary

  • INVESTMENT FOR SALEThis 6 bedroomed HMO property situated in the popular student area of Hull is the ideal investment opportunity

Description

This six-bedroom HMO property in Hull's popular student area is an attractive investment opportunity. The freehold property boasts a spacious lounge, large kitchen with ample storage, and six large double bedrooms, each with its own bathroom. The property also features a south-facing rear garden and currently generates a gross income of £29,100 per annum, yielding 12.9%. With the potential to let all seven rooms, the annual gross income could increase to £33,900, yielding 15%. Located in a desirable area, just a short walk from Hull University and Newland Avenue, this property is sure to attract students and generate a strong return on investment.
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