Cranbrook Avenue, Hull
- BEDROOMS
6
- BATHROOMS
2
- SIZE
1,507 sq ft
140 sq m
- 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
- High Income: Generates £31,680 annually at £110 per week per room.
- Strong Yield: Offers a 14.08% return on a £225,000 sale price.
- CLU Certified: Fully compliant HMO with Certificate of Lawful Use.
- Prime Location: Close to the University of Hull on Cranbrook Avenue.
- Student Ready: Six bedrooms and communal spaces for tenants.
- Turnkey Investment: Ready-to-go property in Hull’s rental market.
Description
Presenting an exceptional opportunity to acquire a 6-bedroom HMO Licensed property with a Certificate of Lawful Use (CLU), situated in the heart of Hull’s vibrant student area. This property is specifically designed for student accommodation, making it a prime choice for investors seeking a high-yield asset.
Key Investment Highlights:
Currently Vacant
Potential Rental Income: Each room can be let at £110 per week (bills inclusive), providing a total annual income of £31,680 over 48 weeks.
Strong Yield: With a sale price of £225,000, the property offers an impressive potential yield of 14.08%.
Prime Location: Located on Cranbrook Avenue, one of Hull’s most sought-after streets for students, close to the University of Hull and local amenities.
Fully Compliant: The property comes with a Certificate of Lawful Use (CLU), ensuring compliance with HMO regulations.
Spacious Accommodation: The property features six well-proportioned bedrooms, communal areas, and facilities tailored to student needs.
Viewings Available: By appointment only. Don’t miss out on this high-yield, low-risk investment opportunity. Contact us today to arrange a viewing.
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: C
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Cranbrook Avenue, Hull
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Visit our security centre to find out moreDisclaimer - Property reference 33426003. 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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