Wellesley Avenue, Bevereley Road, Hull
- PROPERTY TYPE
House Share
- BEDROOMS
5
- BATHROOMS
2
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Currently let to 4 students for academic year 2023/24
- Gross Rental Income £18,900
- Gross Yield 8.59%
- 5 Bed HMO
- Investment Property
- Article 4 CLU consent as C4 HMO applied for
Description
Overview: Seize this outstanding opportunity to invest in a well-established 5-bedroom House in Multiple Occupation (HMO). This property promises a solid rental income and strong growth potential.
Key Details:
Gross Rental Income: £26,400 PA (potential)
Gross Yield: 13.2% per annum
C4 HMO Status: Documented historic use; Article 4 Consent applied for.
Rents are accurate at the time of listing.
Property Layout:
Ground Floor:
Bedroom 1
First Bathroom (shower)
Lounge
Dining Room
Kitchen
First Floor:
Bedroom 2
Bedroom 3
Second Bathroom (shower)
Bedroom 4
Bedroom 5
Why Invest?
This property features a spacious layout designed for comfortable student living, ensuring high demand and occupancy rates.
With its historical use as an HMO, coupled with the application for Article 4 Consent, you can secure a valuable asset in a competitive rental market.
This investment not only provides a reliable income stream but also the potential for long-term appreciation. Don’t miss out on the chance to own this prime HMO property!
Contact us today for more information or to arrange a viewing. Act fast—opportunities like this don’t last long!
Brochures
Wellesley Avenue, Bevereley Road, HullBrochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: C
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Wellesley Avenue, Bevereley Road, Hull
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Visit our security centre to find out moreDisclaimer - Property reference 33329303. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Tulip, Hull. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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