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7 bed terraced house
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Our Summary
- Substantial seven-bedroom HMO investment opportunity
- Currently vacant and ready to let, the property has the potential to generate around £3,000 PCM, producing an impressive potential gross yield of approximately 15% based on the asking price of £240,000 — a figure sure to catch the eye of seasoned investors and portfolio builders alike
- 15% potential gross yield Offered fully furnished with white goods included Arranged over three floors Prime HU5 location just off Newland Avenue Ready-to-let investment opportunity Big on bedrooms, big on potential, and perfectly placed — this is an investment opportunity not to be missed
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Description
The property is a seven-bedroom HMO (House of Multiple Occupation) located in a prime HU5 area just off Newland Avenue. It is fully furnished with all white goods included, and arrangements will be made to include fittings and fixtures other than those specified. The property benefits from three floors of accommodation, with an entrance hallway, two letting rooms, a communal reception room, and fitted kitchen on the ground floor, and a further three letting rooms, a shower room, two letting rooms, and a bathroom on the upper floors.
The property has an EPC rating of D and a Council Tax Band of A.