3 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Freehold
- Reservation Fee Applicable
- T&C's Apply
- *Convenient Accessibility:*
- *Local Vibrancy:*
- *Student-Friendly:*
- *Walking Distance to Amenities:*
- *Attractive Investment:*
- *Fully Leased:*
- *Prime Location:*
- *HMO Investment:*
*£100,000 - £110,000 plus Reservation Fee*
Introducing a lucrative investment opportunity! This three-bedroom House of Multiple Occupancy (HMO) is strategically positioned off Newland Avenue, providing convenient access to Hull University. Currently fully leased, this property offers an attractive and reliable investment opportunity with an estimated annual income of approximately £14,000 and an impressive gross yield of around 14% before bills. Priced competitively at £100,000 - £110,000 plus a reservation fee, this property presents a compelling investment proposition.
Key Features:
1. *HMO Investment:* Three-bedroom property configured for House in Multiple Occupation.
2. *Prime Location:* Strategically located off Newland Avenue, within easy reach of Hull University.
3. *Fully Let:* Currently fully let, ensuring a consistent and attractive return on investment.
4. *Attractive Investment:* Ideal for those seeking a property with immediate rental income and long-term investment potential.
5. *Walking Distance to Amenities:* Enjoy the convenience of being within walking distance to local coffee shops, bars, shops, and restaurants.
6. *Student-Friendly:* Proximity to Hull University enhances the property's appeal for students seeking accommodation.
7. *Local Vibrancy:* Immerse yourself in the lively atmosphere of the area, with diverse amenities and social spaces.
8. *Convenient Accessibility:* Easily accessible, making it a desirable location for both students and professionals.
Don't miss out on this fantastic opportunity to add a fully leased HMO property to your investment portfolio. With its prime location, consistent income stream, and proximity to amenities, this property is a wise choice for investors seeking a valuable asset. Schedule a viewing today to explore the potential of this attractive investment.
Disclaimer
Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 2% to a minimum of £2500 plus VAT. The Reservation Fee is paid on top of the purchase price & deemed a part of the chargeable consideration when calculating Stamp Duty for the property.
The property has a Ready Sale Pack, which gives additional information regarding the property. It is the Buyer’s responsibility to request & examine the Ready Sale Pack before committing to purchase the property. We advise you also carry out your own due diligence prior to making an offer.
The Buyer is required to verify their ID & show proof of funds.
Rezee offer additional services, such as conveyancing, financial advice, surveying & other services associated with selling & buying a property. Rezee may receive a referral fee for these third party services.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Places of interest
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*DISCLAIMER
Property reference S877396. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Rezee - Hull.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 21, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 6, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on August 25, 2022 from 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.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.