• Cars & Vehicles
Cars & Vehicles
Browse by
Discover more in our guides
For Sale
Browse by
Property
Browse by
  • For Sale
  • To Rent
  • To Share
Jobs
Services
Browse by
Community
Browse by
  • Artists & Theatres
  • Classes
  • Events, Gigs & Nightlife
Pets
Browse by
  • Pets for Sale

Contact Property Investor App

Property Investor App

Posting for 2+ years

0190277XXXX

4 bedroom house in Lambert Street, Hull

Hull, East Yorkshire

£200.00pm

Property Investor App

Posting for 2+ years

See all ads

Contact Property Investor App

0190277XXXX

Share:

Posted
8 hours ago
Seller Type
Agency
Date Available
21 Jun 2022
Property Type
House
Number Of Bedrooms
4

Description

5 Year Lease Option - Readymade and Income Producing

4 Bedroom Mid Terraced House with potential to run as 4 Bedroom HMO

Lambert Street, Hull, HU5 2SH

Rent to Landlord = £200 pcm

Purchase Price Within 5 Years = £108,000

Upfront Payment Required = £15,000

Finderâ--s Fee = £4,000 + Vat

Current Gross Income = £1,000 pcm = £12,000 per annum

CASHFLOW AFTER ALL THE ABOVE COSTS

Managed = £420 pcm = £5,040 per annum

Cashflow Over 5 Years = £25,200

Self Managed = £540 pcm = £6,480 per annum

Cashflow Over 5 Years = £32,400

For a limited time only, we have managed to secure a readymade and income producing three bedroom mid terraced house within proximity to Hull City Centre.

The property is currently running as a four bedroom HMO and being rented by students on a single AST. It doesnâ--t have a licence as the owner was not aware if he needed the licence or not.

The property could also be used as a single family let or could be converted into two bedroom flats.

The property is situated in a perfect location close to great transport connections, City Centre, local shops, and all local amenities.
Agent: Property Investor App Limited
Agent Ref: 000061020_156

Ad ID: 1427484002


Disclaimer

This advertisement and the information related to it are provided and maintained by the advertiser. Gumtree.com is not responsible and can not guarantee the accuracy or completeness of this advertisement. Please note that every advertisement for rent or for sale should at a minimum, display the energy performance rating of the property. See our Flats and Housing Posting Rules for more information.

Property