5 bedroom house share for sale

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5 bedroom house share for sale

Cranbrook Avenue, Hull
£210,000

Price History

Initial price £225,000
11/10/24 £210,000
Price Change -6.67%

Description

This 5-bedroom HMO investment property is currently generating £24,000 in rental income, with potential to increase to £26,400 for the upcoming 24/25 period. The property boasts a gross yield of 10.67%, making it an attractive opportunity for investors. The property has a documented history of use as a C4 HMO, and Article 4 Consent has been applied for, ensuring that the property can continue to be used as a multi-occupancy property. The current rents are correct at the time of listing, providing a solid foundation for investors to build upon.