- Investment Opportunity +
- Fully Licensed 6-Bed HMO +
- Gross Annual Rental Income: £29,991.96 +
- High Yield of 14.28% +
Investment Opportunity: Fully Licensed 6-Bed HMO in Kingston Upon Hull – High Yield of 14.28%!
Price: £210,000
Gross Annual Rental Income: £29,991.96
This property offers fully licensed HMO compliance and a Certificate of Lawful Use (CLU) has been applied for, eliminating barriers to entry for investors while maximizing the property's value and appeal. Situated in a high-demand rental area of Kingston Upon Hull, this HMO is ideal for tenants seeking well-maintained, shared accommodation, ensuring strong rental income and future growth.
Property Layout Description:
Ground Floor:
As you enter the property, you are welcomed by a spacious living room leading to a large, modern kitchen with an island – perfect for communal living. This floor also features Bedroom 1, a toilet with a separate shower, and access to a rear garden with a large garage. The garage can be reached via a convenient side footpath for easy accessibility.
First Floor:
This level comprises three bedrooms (Bedrooms 2, 3, and 4) along with two bathrooms.
Second Floor:
The top floor boasts two generously-sized bedrooms with abundant natural light, creating a comfortable living environment for tenants.
Key Investment Highlights:
Fully Let: 6 bedrooms, each rented at £416.66 per month
Total Gross Income: £29,991.96 per year
Yield: 14.28%
Price: £210,000
Why Invest in Hull?
Kingston Upon Hull remains a hotspot for investors, with high rental demand driven by a mix of students and professionals.