Initial price	£115,000
31/10/24	£105,000
Price Change	-8.70%

This is an exciting opportunity to acquire a renovated three-bedroom, one-bathroom HMO in a prime location just off Beverley Road, near the University of Hull. The property has been designed with students in mind and has a projected cashflow of over £430 per month and a ROI of 13.3% based on 75% LTV with a 5% interest rate. The property features a spacious living room, modern refitted kitchen, and three well-proportioned bedrooms, all with neutral decor and exposed brick feature walls. The property also has a private rear courtyard and is within walking distance of various amenities, including cafes, restaurants, and shops. As the property has under 5 occupants, no HMO Licence is currently required, and the seller can provide supporting evidence of the property's conversion prior to the implementation of Article 4. The property offers a healthy and appealing investment proposition, with a buyers premium of £4,000 + VAT payable in two parts.