Hull Investment Opportunity
Property Overview
- 4 Bedrooms
- 1 Bathroom
- Semi-Detached property
Financial Information
- Yield 7.95%
- Market Rent £827.75pcm
Location Information
- The property is a short walk from Princes Avenue, Newland Avenue and Beverley Road.
- These roads offer a range of amenities including, numerous highly rated cafes and restaurants; independent shops, Lloyds Bank, Tesco, Sainsburys and a post office
More Information
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Detailed Description
A fantastic HMO, the four bedroom semi-detached house is located on a quiet residential street is very conveniently located off Clough Road which leads to the University and a multitude of amenities.
The property’s spacious and versatile accommodation will appeal to any demographic of tenant but it has historically been a student house and has been designed with students in mind. With the spacious rooms offering dedicated work spaces, a fully equipped open plan kitchen living and dining space which is not only ideal for its primary purpose but also for housemates to socialise and get the most out of their time as students at Hull University.
The property is extensively double glazed, including the front and back door and is heated by an ‘Ideal’ gas combi-boiler, with modern double panelled radiators throughout. The heating is controlled by a remote heating thermostat and the boiler benefits from a 10 year warranty which will expire in 2028.
The shared accommodation includes – a bright entrance hall with stairs leading to the first floor, modern moulded internal doors and appealing neutral decor which is carried throughout the property. To the rear of the property is the superb open plan kitchen, living and dining space which is bright and leads out on to the good sized back garden.
Each area is well zoned, the lounge area opens up to reveal the modern grey gloss kitchen to the right which has ample worktop space, storage cupboards and integrated appliances. Beyond the lounge and kitchen the dining area is positioned next to the windows that overlook the enclosed back garden. There is a small storage cupboard to the side of the dining area.
Also on the ground floor from the main entrance hallway is a WC and a good sized bedroom with bespoke furniture. The WC is fitted with a useful vanity unit, wall mounted cabinet with mirrored doors and a chrome heated towel rail.
To the first floor there is a modern shower room fitted with a corner shower cubicle and mixer shower, basin vanity unit with mixer tap, wall mounted cabinet with mirrored doors over, WC and chrome towel radiator.
The further three bedrooms to the first floor are all of a good size and are well equipped with double beds, mattresses, mattress protectors, bespoke furniture including: wardrobe, drawers, workspace, chair and wall mounted TV.
Externally the plot is of a good size with enclosed rear garden and small enclosed forecourt to the front which retains some very attractive Victorian wrought iron railings atop the brick walled boundary.
As the HMO has under 5 occupants no HMO Licence is required at present.
The property is a short walk from Princes Avenue, Newland Avenue and Beverley Road. These roads offer a range of amenities including, numerous highly rated cafes and restaurants; independent shops, Lloyds Bank, Tesco, Sainsburys and a post office.
The property is also within walking distance of the University of Hull, the excellent location means that the property has versatility allowing it to be easily switched between student and working tenants dependent on market demand and owner preference.
To register on our buyers database, visit our website to complete the buyers registration form.
Buyers premium of £4800 inc VAT is payable upon completion. Non refundable reservation fee of £1,500 plus VAT which is deducted from the buyers premium is due upon sale agreed.