Beverley Road, Hull HU6 5 bed end of terrace house for sale

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Beverley Road, Hull HU6 5 bed end of terrace house for sale

Beverley Road, Hull HU6
£150,000

Our Summary

  • With ongoing demand for quality rental properties in this area, this is a turnkey investment offering immediate income and long-term potential

Description

This 5-bedroom HMO property on Beverley Road, Hull, is a fantastic investment opportunity, generating a gross annual rental income of £27,270 and offering an attractive gross yield of approximately 18.18%. The property is fully licensed and complies with HMO regulations, making it suitable for students and young professionals. With its prime location and excellent access to local amenities, there is ongoing demand for quality rental properties in this area. The property features five good-sized bedrooms, shared living and kitchen facilities, and is currently fully let. The seller is seeking a guide price of £150,000 to £160,000 plus a reservation fee, and the buyer will need to pay a non-refundable reservation fee of 2% to a minimum of £2500 plus VAT upon acceptance of an offer.