4 Bed HMO, Hull, HU5 1QN, £120,000

• INVESTMENT OPPORTUNITY +
• HMO - APPROXIMATE GROSS YIELD 14.8% +
• Close HULL UNIVERSITY - Excellent PUBLIC TRANSPORT links +
• BED MID-TERRACE +
• LOW MAINTENANCE FRONT AND REAR GARDENS +
• FREEHOLD +
• COUNCIL TAX BAND A +
• EPC D +

INVITING OFFERS BETWEEN £120,000-£130,000

A Perfect Opportunity Awaits on Clough Road!

Summary: Discover the potential of this spacious 4 BED MID-TERRACE, perfectly suited for investors or families seeking proximity to local amenities. Previously utilised as a HOUSE SHARE, this property achieved around £1600pcm, offering an attractive GROSS YIELD of 14.8%. With its convenient location and generous living spaces, this home presents a fantastic investment opportunity.

Agent’s Perspective: This charming property, located on CLOUGH ROAD, stands as a wonderful opportunity for those interested in property investment or families looking for a spacious home. As a former house share specifically set up as a HOUSE OF MULTIPLE OCCUPATION (HMO), it was generating a significant income, with full occupancy ensuring around £1600 per calendar month. That’s approximately a GROSS ANNUAL YIELD of 14.8%, demonstrating its potential as a valuable asset.

Inside, the GROUND FLOOR accommodates BEDROOM 2 with a LOVELY FEATURE BAY WINDOW, providing ample natural light. There's also a communal lounge, shared kitchen and bathroom to complete the ground floor layout. Up the stairs to the FIRST FLOOR, you’ll find THREE ADDITIONAL DOUBLE BEDROOMS, each offering comfort and privacy.

Outside, the property features LOW MAINTENANCE FRONT AND REAR GARDENS, perfect for outdoor relaxation without the stress of constant upkeep.

Situated close to many SCHOOLS and HULL UNIVERSITY, as well as the bustling atmosphere of NEWLAND AVENUE, this home is undeniably well-positioned. Enjoy easy access to an array of BARS, CAFES, and RESTAURANTS, while being just a short walk to BUS STOPS connecting you to all corners of Hull.

This property is in high demand, so don't hesitate! Call the office today to arrange your viewing before it’s too late!

Tenure The property is freehold.

Council Tax Council Tax is payable to the Kingston Upon Hull City Council. From verbal enquiries we are advised that the property is shown in the Council Tax Property Bandings List in Valuation Band A.*

Fixtures & Fittings Certain fixtures and fittings may be purchased with the property but may be subject to separate negotiation as to price.

Disclaimer *The agent has not had sight of confirmation documents and therefore the buyer is advised to obtain verification from their solicitor or surveyor.

Viewings Strictly by appointment with the sole agents.

Site Plan Disclaimer The site plan is for guidance only to show how the property sits within the plot and is not to scale.

Mortgages We will be pleased to offer expert advice regarding a mortgage for this property, details of which are available from our Newland Avenue office on . Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.

Valuation/Market Appraisal: Thinking of selling or struggling to sell your house? More people choose beercocks in this region than any other agent. Book your free valuation now!