Elm Terrace, Beverley Road, Hull
- PROPERTY TYPE
House Share
- BEDROOMS
6
- BATHROOMS
2
- SIZE
1,766 sq ft
164 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
- Investment Opportunity
- Fully Licensed 6-Bed HMO
- Gross Annual Rental Income: £29,991.96
- High Yield of 14.28%
Description
Price: £210,000
Gross Annual Rental Income: £29,991.96
This property offers fully licensed HMO compliance and an established Certificate of Lawful Use (CLU), eliminating barriers to entry for investors while maximizing the property's value and appeal. Situated in a high-demand rental area of Kingston Upon Hull, this HMO is ideal for tenants seeking well-maintained, shared accommodation, ensuring strong rental income and future growth.
Property Layout Description:
Ground Floor:
As you enter the property, you are welcomed by a spacious living room leading to a large, modern kitchen with an island – perfect for communal living. This floor also features Bedroom 1, a toilet with a separate shower, and access to a rear garden with a large garage. The garage can be reached via a convenient side footpath for easy accessibility.
First Floor:
This level comprises three bedrooms (Bedrooms 2, 3, and 4) along with two bathrooms.
Second Floor:
The top floor boasts two generously-sized bedrooms with abundant natural light, creating a comfortable living environment for tenants.
Key Investment Highlights:
Fully Let: 6 bedrooms, each rented at £416.66 per month
Total Gross Income: £29,991.96 per year
Yield: 14.28%
Price: £210,000
Why Invest in Hull?
Kingston Upon Hull remains a hotspot for investors, with high rental demand driven by a mix of students and professionals.
Brochures
Elm Terrace, Beverley Road, Hull- 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.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- 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
Elm Terrace, Beverley Road, Hull
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Visit our security centre to find out moreDisclaimer - Property reference 33506839. 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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