- HMO License in Place +
- 15.88% yield +
- 5 bedrooms +
- 2 bathrooms +
- Newly Refurbished +
- Just off Newland Avenue +
5-Bed HMO Investment in Ryde Street, Hull HU5 1PB
A great opportunity to acquire an investment property with 15.88% Yield – Fully Licensed HMO
This immaculately presented 5 bedroom HMO is ideally located just off Newland Avenue in the heart of the student district, with strong demand from both students and young professionals.
Property Highlights
Fully licensed 5 bed HMO
Stylish, modern interiors throughout
Open-plan kitchen and lounge with breakfast bar
Two modern bathrooms with contemporary fittings
Gas central heating and double glazing
Sought-after location near the University of Hull and local amenities
Current and Projected Rental Income
Room 1: Let at £110 per week, rental income per year £5,720
Room 2: Let at £120 per week, rental income per year £6,240
Room 3: Vacant – marketed at £110 per week, potential rental income per year £5,720
Room 4: Vacant – marketed at £110 per week, potential rental income per year £5,720
Room 5: Let at £115 per week, rental income per year £5,980
Fully let potential gross income: £29,38 per year
Yield: 15.88%
Location Benefits
Walking distance to the University of Hull
Minutes from Newland Avenue’s shops, cafes and bars
Excellent transport links to the city centre
Contact us today to arrange a viewing or request more information.
This is a turnkey HMO investment offering excellent returns in a consistently high-demand area.