Ryde Street, Hull
- PROPERTY TYPE
House Share
- BEDROOMS
5
- BATHROOMS
2
- SIZE
1,453 sq ft
135 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
- HMO License in Place
- 15.88% yield
- 5 bedrooms
- 2 bathrooms
- Newly Refurbished
- Just off Newland Avenue
Description
A great opportunity to acquire an investment property with 15.88% Yield – Fully Licensed HMO
This immaculately presented 5 bedroom HMO is ideally located just off Newland Avenue in the heart of the student district, with strong demand from both students and young professionals.
Property Highlights
Fully licensed 5 bed HMO
Stylish, modern interiors throughout
Open-plan kitchen and lounge with breakfast bar
Two modern bathrooms with contemporary fittings
Gas central heating and double glazing
Sought-after location near the University of Hull and local amenities
Current and Projected Rental Income
Room 1: Let at £110 per week, rental income per year £5,720
Room 2: Let at £120 per week, rental income per year £6,240
Room 3: Vacant – marketed at £110 per week, potential rental income per year £5,720
Room 4: Vacant – marketed at £110 per week, potential rental income per year £5,720
Room 5: Let at £115 per week, rental income per year £5,980
Fully let potential gross income: £29,38 per year
Yield: 15.88%
Location Benefits
Walking distance to the University of Hull
Minutes from Newland Avenue’s shops, cafes and bars
Excellent transport links to the city centre
Contact us today to arrange a viewing or request more information.
This is a turnkey HMO investment offering excellent returns in a consistently high-demand area.
Brochures
Ryde Street, 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: A
- 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
Ryde Street, Hull
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Visit our security centre to find out moreDisclaimer - Property reference 33956183. 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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