Hull - 24% Below Market Value Readymade and Income Producing 5 Bed HMO - Click for more info

Hull, East Yorkshire
£125,000.00

Property Investors App

Posting for 2+ years

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Contact Property Investors App


propertyinvestorsapp.co.uk

Property Investors App

Posting for 2+ years

See all ads

Contact Property Investors App


propertyinvestorsapp.co.uk
Posted
16 hours ago
Seller type
Agency
Property type
House
Number of bedrooms
5

Description

If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting:

Apple Devices : Search for Property Investor in iOS app store
Android Devices : Search for Property Investor in Googleplay app store

If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940

24% Below Market Value

Readymade and Income Producing 5 Bed HMO

Worthing Street, Hull, HU5 1PR

Purchase Price = £125,000

Finder’s Fee = £4,000 + Vat

Current Gross Income = £1,603 pcm = £19,236 per annum

CASHFLOW AFTER ALL THE ABOVE COSTS

Managed = £773 pcm = £9,276 per annum

Self Managed = £965 pcm = £11,580 per annum

For a limited time only, we have managed to secure a readymade and fully licensed 5 Bed HMO near Hull City Centre.

The property is a 5 Bed fully licensed HMO, and the room layout is flexible in terms of which are bedrooms and which are then used as living space.

The property is currently fully tenanted to working professionals achieving an extremely good yield. It is fully licensed and has the certificate of lawful used to be classified as an HMO. There is a scope for the property to be further updated and this could enhance the rental further.

The property is conveniently situated within proximity to all local amenities including local shops, public transport, schools and Hull University. It is also just few minutes drive to Hull City Centre.

If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting:

Apple Devices : Search for Property Investor in iOS app store
Android Devices : Search for Property Investor in Googleplay app store

If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940

Ad ID: 1404058697


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