Potential 4-Bed HMO, Hull, HU5 1PT, £110,000

• 3 bedroom HMO +
• Fully Let +
• £16,380 rental income per year +
• 14.39% yield +

For Sale: Investment Opportunity – Fully Let 3-Bedroom HMO Property in Virginia Crescent, Kingston Upon Hull, HU5 1PT – £110,000

Attention Investors! We are excited to present this fully let 3-bedroom HMO terraced property, located in the highly sought-after area of Kingston Upon Hull (HU5 1PT). This property represents a high-yield, low-maintenance investment ideal for expanding your portfolio or entering the thriving Hull rental market.

Key Investment Highlights:

High Yield Potential:
Generating an impressive annual income of £16,380 (equivalent to £1,365 per month) from three fully let rooms at £105 per week (bills inclusive), this property offers a strong potential yield of approximately 14.9% based on the asking price of £110,000.

Layout:

Ground Floor: Includes Bedroom 1, a communal Living Room, a Galley Kitchen, and a Bathroom.
First Floor: Features Bedroom 2 and Bedroom 3, both spacious and tenant-ready.

Prime Location: Situated in Kingston Upon Hull’s HU5 area, the property benefits from high rental demand due to its proximity to key amenities, excellent transport links, and appeal to both student and professional markets.

Why Invest in Hull? The city boasts a strong rental market, particularly for HMOs and student housing, offering consistent rental returns and strong tenant demand. With a competitive price of £110,000 and significant potential for capital growth, this property is primed to deliver a solid return on investment.

Viewings Available: By appointment only. Don’t miss out on this exceptional opportunity to invest in one of Hull’s most in-demand rental markets.