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Hull Investment Opportunity

Property Overview

  • 3 Bedrooms
  • 1 Bathroom
  • Mid Terrace property

Financial Information

  • Yield 10.5%
  • Market Rent £1004.75pcm

Location Information

  • The property is a very short walk from Beverley Road, Princes Avenue and Newland Avenue.
  • 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

An immaculately presented three bedroom property located just off Beverley Road. The property has recently been refurbished and furnished to an excellent standard, resulting in low maintenance costs which when coupled with strong returns offers a superb investment proposition.

The property is a fully let HMO let to students on a joint AST until August 2025. Being sold as a going concern, the buyer will purchase this ready made investment complete with tenants and furnishings (sold as seen).

Accommodation comprises modern refitted fully equipped kitchen and bright living space with exposed brick wall, ideal for relaxing and socialising. There are three well proportioned double bedrooms with desk areas, ideal for supporting students with their studies, high quality bespoke furniture and wall mounted TV’s. The property has a striking modern first floor bathroom servicing the three rooms.

The property has been furnished throughout with high quality bespoke furnishings. Exposed brick walls complement the modern furnishings and trendy lighting – the perfect blend of character warmth with a modern finish.

The property is heated via an ‘Ideal’ gas combi-boiler with remote heating controls, has a Grade D – mains interlinked fire system and benefits from being fully UPVC double glazed including the front door.

The property is a very short walk from Beverley Road, Princes Avenue and Newland Avenue, which offers a range of amenities including, numerous highly rated cafes and restaurants; independent shops, Lloyds Bank, Tesco, Sainsburys and a post office.

The property is within walking distance of the University of Hull which is ideal for the student tenant demographic. The tenants could be swapped to working tenants dependent on market demand and owner preference.

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.