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House For Sale £130,000
Lambert Street, Hull HU5


Description
***Guide Price £130,000 - £140,000 plus Reservation Fee***

rezee is delighted to offer to the market this 5 bedroom HMO (fully licenced) property, generating an income of £13,340 per annum and a gross yield of 10.2%. This property is located in the heart of Hull's most popular student buy-to-let area of Newland Avenue, which is within easy reach of Hull University and many surrounding amenities. Newland Avenue offers a great choice of local cafes, bars, shops and restaurants. This property offers 5 lettable rooms, with 4 currently let due to an arrangement between foreign students and the landlord. This investment property should be a straight forward purchase and an attractive proposition for any landlord with current interest and demand for students to rent the property for the 2022-2023 academic year

Disclaimer

Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 2% to a minimum of £2500 plus VAT. The Reservation Fee is paid on top of the purchase price & deemed a part of the chargeable consideration when calculating Stamp Duty for the property.

The property has a Ready Sale Pack, which gives additional information regarding the property. It is the Buyer’s responsibility to request & examine the Ready Sale Pack before committing to purchase the property. We advise you also carry out your own due diligence prior to making an offer.

The Buyer is required to verify their id & show proof of funds.

rezee offer additional services, such as conveyancing, financial advice, surveying & other services associated with selling & buying a property. rezee may receive a referral fee for these third party services.

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.

Have you heard of the new rezee way of selling your property? We offer a free service to sellers with fixed 60 day completion timelines. Call to find out more info.

Follow the link for more information:
        
zoopla.co.uk

  
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