House For Sale £100,000
*£100,000 - £110,000 plus Reservation Fee*
Introducing a lucrative investment opportunity! This three-bedroom House of Multiple Occupancy (HMO) is strategically positioned off Newland Avenue, providing convenient access to Hull University. Currently fully leased, this property offers an attractive and reliable investment opportunity with an estimated annual income of approximately £14,000 and an impressive gross yield of around 14% before bills. Priced competitively at £100,000 - £110,000 plus a reservation fee, this property presents a compelling investment proposition.
Key Features:
1. *HMO Investment:* Three-bedroom property configured for House in Multiple Occupation.
2. *Prime Location:* Strategically located off Newland Avenue, within easy reach of Hull University.
3. *Fully Let:* Currently fully let, ensuring a consistent and attractive return on investment.
4. *Attractive Investment:* Ideal for those seeking a property with immediate rental income and long-term investment potential.
5. *Walking Distance to Amenities:* Enjoy the convenience of being within walking distance to local coffee shops, bars, shops, and restaurants.
6. *Student-Friendly:* Proximity to Hull University enhances the property's appeal for students seeking accommodation.
7. *Local Vibrancy:* Immerse yourself in the lively atmosphere of the area, with diverse amenities and social spaces.
8. *Convenient Accessibility:* Easily accessible, making it a desirable location for both students and professionals.
Don't miss out on this fantastic opportunity to add a fully leased HMO property to your investment portfolio. With its prime location, consistent income stream, and proximity to amenities, this property is a wise choice for investors seeking a valuable asset. Schedule a viewing today to explore the potential of this attractive 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.
