House For Sale £140,000
May Street, Hull HU5

*Guide Price £140,000 - £150,000 plus Reservation Fee*

Introducing a lucrative investment opportunity! This well-appointed 5-bed House in Multiple Occupation (HMO) comes with a valid license and an impressive rental history dating back to 2011, solidifying its status and usage.

Key Features:

HMO License in Place: Compliance is key, and this property boasts a valid HMO license, ensuring adherence to regulatory standards.

Proven Rental Success: With a comprehensive rental history dating back to 2011, this property has consistently delivered reliable returns.

Substantial Rental Income: Generating an annual rent of £22,000, this HMO property commands a substantial income stream.

Exceptional Gross Yield: Achieving an impressive gross yield of nearly 15% before bills, this investment stands out for its financial performance.

Spacious Accommodation: The property offers five well-proportioned bedrooms, providing comfortable living spaces for tenants.

Strategic Location: Ideally situated for tenant appeal, with convenient access to amenities, public transport, and local services.

Stable Occupancy and income: Ensuring consistent occupancy and income.

Turnkey Investment: An investor's dream, with a reliable income stream and all the necessary licensing in place, making it a hassle-free addition to your portfolio.

Seize the opportunity to add this high-performing HMO property to your investment portfolio. Whether you're a seasoned investor or exploring your first venture, the combination of a proven track record and impressive financial metrics makes this property a standout choice. Schedule a viewing to unlock the full potential of this lucrative investment.

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. 

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