Fifth Avenue 5 bed terraced house for sale

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Fifth Avenue 5 bed terraced house for sale

Fifth Avenue
£400,000

Our Summary

  • Here’s an incredible investment opportunity presented by Housemates

Description

This unique investment opportunity presents a 15-bed, potential 16-bed HMO in Goole, with a 5-year lease in place with a well-established business, Hughes Mushrooms, paying £52,000 annually. This yields a 13% gross return, making it an attractive option for investors. The property's large size and restricted local licensing requirements increase its value beyond conventional appreciation, making it a one-of-a-kind opportunity in the area. Additionally, the installation of solar panels could further reduce utility expenses, making it a worthwhile consideration for potential buyers.