46 Hutt Street,
Hull, HU3 1QL
A fantastic opportunity to purchase land with planning permission for 5 larger than average, en-suite exclusive bedrooms in a HMO.
46 Hutt Street, Hull, HU3 1QL
Price £59,000
Hutt Street is located off Spring Bank, approximately a 10 minute walk away from Hull City centre. The area has a variety of shops to serve the very multi cultural residents. Close by is the KC stadium and Hull Royal infirmary.
This property is a unique and exciting investment/development opportunity. Unlock this building’s potential and make your mark in Hull’s property market!
Expected rents for these rooms will be IRO £130.00 per week each.
- Approved planning permission
- Plus options for 6 bedsits or 5 bed HMO
- Off road parking
- Plans for secured gating
- Good location close to city centre, shops bars and restaurants etc
- Based in Hull – one of the best buy to let areas in the UK
An opportunity not to be missed. Have a look at the plans and give us a call to discuss.
Click to download the plans (opens in new tab).
Seller could arrange and project manage the build/conversion on a fixed fee basis
Land with PP £59,000
Build costs circa £120,000 (depending on option)
Total investment £190,000
Expected end value £225,000 – £250,000
Rental income would be around £23,000 NET
Floors: | 2 |
Bedrooms: | 5 |
Bathrooms: | 5 |
Kitchens: | 1 |
Living Rooms: | 1 |
Property Features
- A unique investment opportunity
- Potential for a generous return on investment
- Approved planning permission
- Options for 6 bedroom apartments or 5 bedroom HMO
- Close to city centre, Spring Bank and Princes Avenue
- We can manage the whole project form you
Location
46 Hutt Street, Hull, HU3 1QL
Documents
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