6 bedroom house share for sale

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6 bedroom house share for sale

Wellesley Avenue, Hull
£225,000

Price History

Initial price £240,000
11/10/24 £225,000
Price Change -6.25%

Description

This 6-bedroom HMO investment property is currently let to 5 students for the 2023/2024 academic year, generating a gross rental income of £23,750 with a gross yield of 9.90% per annum. The property has a documented historic use as a C4 HMO and Article 4 Consent has been applied for. The property features 2 bathrooms, 6 bedrooms, and a lounge, kitchen, and additional toilet on the first floor. The current rents are correct as of the listing date, offering a lucrative investment opportunity for potential buyers.