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Cranbrook Avenue, Hull

PROPERTY TYPE

House Share

BEDROOMS

5

BATHROOMS

2

SIZE

1,217 sq ft

113 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Description

Location: Cranbrook Avenue, Hull, HU6

Price: £225,000

Vacant and Ready for Immediate Letting – Certificate of Lawful Use (CLU) in Place

This 5-bedroom HMO terraced house is situated on Cranbrook Avenue, one of the best streets for students, just a 2-minute walk from the University of Hull. The property is currently vacant and fully compliant with a Certificate of Lawful Use (CLU) for its HMO status. Close to local amenities such as shops, cafes, and transport links, this house is a perfect fit for student tenants. The layout includes three spacious bedrooms upstairs and two downstairs.

Key Features:

5 Fully Furnished Bedrooms – 3 bedrooms upstairs and 2 downstairs, all spacious and ready for tenants
Comfortable Living Space – Designed for student communal living
Prime Location on Cranbrook Avenue – Highly sought-after student street, just a 2-minute walk to the University of Hull
Certificate of Lawful Use (CLU) – Ensuring compliance for HMO usage
Rental Potential:

Potential Rent: £105 per week per room
Annual Potential Income: £26,250 based on a 50-week contract
Yield Potential:

With a sale price of £225,000, the property offers a potential yield of 11.67%, making it a highly attractive investment in a thriving student rental market.

Brochures

Cranbrook Avenue, 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: B
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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Cranbrook Avenue, Hull

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About Tulip, Hull

105-107 Cottingham Road Hull HU5 2DH

Jamie Austin founded Tulip.

We specialise in the sale of investment properties, licensed and non-licensed H.M.O's, commercial and tenanted properties. We have more than 25 years' experience selling and managing tenanted properties, we help our clients who are both selling and purchasing to understand and avoid the pitfalls along the way.

Our lettings department manage residential, commercial and houses of multiple occupancy. We have a specialist Environmental Housing Team to help with compliance, the licensing and planning status of your investment.

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Disclaimer - Property reference 33426000. 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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