4 bed property

Our Summary

• Investment Opportunity
• Price: £250,000Vacant 4-Bedroom HMO and Ground Floor Shop Let at £800 pcmThis excellent investment opportunity combines a ground-floor commercial unit with a spacious 4-bedroom HMO on the first floor
• The shop on the ground floor is already let at £800 per month, and the HMO offers strong rental potential for student tenants, with all bedrooms fully furnished
• Key Features:4 Fully Furnished Bedrooms (First Floor) – Ideal for student tenants, ready for immediate lettingSpacious Lounge – Perfect for communal living and socializingGround Floor Commercial Unit – Shop currently let at £800 pcm, providing immediate rental incomePrime Location – Just a 2-minute walk to the University of Hull and surrounded by amenitiesRental Potential:Potential Rent for HMO: £95 per week per roomPotential Annual Income from HMO: £18,240 based on a 48-week contractCurrent Income from Shop: £9,600 per yearTotal Potential Annual Income: £27,840Yield Potential:With a sale price of £250,000, the property offers a potential yield of 11
• 14%, making it a highly attractive investment opportunity in a thriving student and commercial area