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6 bedroom house share for sale
De Grey Street, Hull
£225,000
De Grey Street, Hull
£225,000
Price History
Initial price | £235,000 |
06/11/24 | £225,000 |
Price Change | -4.26% |
Description
This 6-bedroomed HMO property in Hull's popular student area is an investment opportunity with a gross income of circa £29,100 per annum, generating a 12.9% yield. The property features a large lounge, kitchen with ample storage, and six large double bedrooms, with two bathrooms and a south-facing rear garden. Currently, seven rooms are let, which would produce an annual gross income of £33,900, resulting in a 15% yield. The property is located in a desirable area, close to Newland Avenue and Hull University, making it an attractive option for students.