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Hessle Road, Hull

PROPERTY TYPE

End of Terrace

BEDROOMS

6

BATHROOMS

3

SIZE

1,518 sq ft

141 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

INVESTMENT PROPERTY FOR SALE

Nestled on Hessle Road in Hull, this impressive end terrace house presents a remarkable investment opportunity. Spanning an ample 1,518 square feet, the property boasts six well-proportioned bedrooms, making it ideal for a house in multiple occupation (HMO). With two inviting reception rooms, there is plenty of space for communal living, ensuring comfort and convenience for tenants.

The property features three bathrooms, which is a significant advantage for accommodating multiple residents, enhancing both privacy and accessibility. Currently, the house is fully tenanted, generating a robust gross rental income of £28,756 per annum. This impressive figure translates to a commendable gross return of 12.5%, making it an attractive prospect for investors seeking a reliable income stream.

Situated in a vibrant area, this property benefits from excellent local amenities and transport links, ensuring that tenants enjoy a convenient lifestyle. Whether you are an experienced investor or looking to enter the property market, this end terrace house on Hessle Road is a compelling choice that promises both immediate returns and long-term potential. Do not miss the chance to acquire this well-maintained investment property.

Brochures

Hessle 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.
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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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Hessle Road, Hull

Approximate location

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Affordability

Monthly repayments£1,150
Property: £ 230,000
Deposit: £ 23,000
Interest rate: 5.3%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
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About MyPad, Hull

132 Chanterlands Avenue Hull HU5 3TR

MyPad offer a bespoke letting, management & investment sales service.

We are proud of our reputation for reliability and results & offer a hands on service to our tenants and landlords.

Going the extra miles is something all our team members believe in.

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Disclaimer - Property reference 35033720. 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 MyPad, 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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