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This property was removed from Dealsourcr.

5 Bed Flat, Hull, HU6 7LS £210,000

11 Beresford Avenue, Hull, HU6 - 2 views - 2 years ago
  1. Deal Search
  2. Hull
  3. HU6
  4. HU6 7LS
74 m²

Valuation

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Links

  • More Deals in Hull
  • More Deals in HU6

Property History

Price changed to £210,000

December 4, 2024

Listed for £240,000

February 20, 2024

Description

  • 5 Spacious Bedrooms across two floors, ideal for student tenants +
  • Prime Student Location just minutes from Hull University and local amenities +
  • Potential Gross Annual Income of £27,600 when fully let at £5,520 per room +
  • Attractive Yield of 13.14% based on the sale price of £210,000 +
  • Certificate of Lawful Use (CLU) in place +
  • HMO License in place +

Attractive 5-Bedroom HMO Investment Property – 11 Beresford Avenue, Hull (HU6)

Location: 11 Beresford Avenue, Hull, HU6

Price: £210,000
HMO License and CLU in place

This well-maintained 5-bedroom HMO is ideally located in a popular student area, offering a fantastic opportunity for investors. Currently let to 3 students, the property generates solid rental income with scope for further uplift. Two tenants are paying £5,520 each for the full academic year, while the third tenant pays £5,280. Fully let, the property has the potential to achieve £5,520 per room annually across all 5 bedrooms.

Situated close to Hull University and local amenities, 11 Beresford Avenue offers excellent rental appeal. The layout includes 3 bedrooms upstairs and 2 additional bedrooms on the ground floor (see floor plan attached), along with a spacious lounge/kitchen area and a bathroom.

Key Features:

5 Spacious Bedrooms – Arranged over two floors, ideal for student tenants

Large Lounge/Kitchen Area – Perfect for communal living and socialising

Fully Let to 3 Students – Immediate rental income in place

Prime Student Location – Minutes from Hull University and local amenities

Potential to Maximise Income – Fully let at £5,520 per room would offer strong returns

Current Rental Income:

2 Students Paying: £5,520 each for the academic year

1 Student Paying: £5,280 for the academic year

Potential Rental Income (Fully Let):

5 Students at £5,520 per year: £27,600 annually

Yield Potential: With a sale price of £210,000, the property offers a potential yield of 13.14%, making it a very attractive investment in Hull’s thriving student rental market.

Agent Details

Tulip, Hull

01482 251832

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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