SORRY SOLD

Description

A RARE BREED !!

Officially licenced with Hull City Council as a HMO – 3 storey. Meaning this property has all the necessary safety and amenity criteria and is one of the few properties in Hull that meet this stringent criteria, making it highly sought after.

With a full refurbishment recently completed including a new roof and double glazing, this brings in a massive £28,080 p/a in rents!!!!

Current rents:

Room 1 £85.00

Room 2 £85.00

Room 3 £85.00

Room 4 £85.00

Room 5 £100.00

Room 6 £100.00

Total £540.00 per week

Gross annual rent of £28,080 giving a yield of 11.23%

Costs

Utilities £3120.00

Internet £520.00

Council tax £980.00

TV Licence £144.00

Net annual rent £23,316 giving a yield of 9.33%

Location

The property is situated in the Newland Avenue/Princes Road area within a short distance of the Kingston Communication Stadium and Pearson Park with local shopping and schooling nearby. There are good public transport links to the City Centre there are good road connections available to all parts of the city with access to the M62 via the A63 dual carriageway.

At a glance

  • 3 Floors
  • 6 Bedrooms
  • 2 Bathrooms
  • 1 Kitchen
  • 1 Living Room

Share this property

Click the buttons below to share this property with your chosen social network.

Accommodation

The property is arranged over three floors

Entrance Hallway

With fixed staircase leading to the first floor landing.

Bedroom 1

Large double room with bay window looking to the front aspect of the property.

Bedroom 2

Double room overlooking the rear of the property, with wash basin and vanity unit.

Kitchen

With wall and base level fitted units, work surfaces over, integrated oven and hob with extractor hood over, wall mounted gas fired boiler, 2 x stainless steel sink and drainer units, plumbing for automatic washing machine.

Bathroom 1

With three piece suite comprising panelled bath with overhead shower, pedestal wash hand basin, low level WC.

Lounge/dining Room

Good sized area for eating and socialising.

First Floor

With fixed staircase to second floor

Bedroom 3

Single sized room with window overlooking the rear of the property, with wash basin and vanity unit.

Bathroom 2

Good sized bathroom with shower cubicle, toilet and was hand basin.

Bedroom 4

Double sized bedroom overlooking the rear of the property, with wash basin and vanity unit.

Bedroom 5

Large double bedroom overlooking the front of the property. Two double glazed windows making for a bright and spacious room.

Second Floor

Bedroom 6

Large double bedroom with dorma window to the front.

For more information about this property

Contact us on 01482 342155

Or use the contact form below.

Start your investment opportunity today by using the enquiry form.

Click here for the enquiry form

Get started now with Hull's Number 1 Property Advisors