Grafton Street, HU5, Hull, HU5 5 bed terraced house for sale

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Grafton Street, HU5, Hull, HU5 5 bed terraced house for sale

Grafton Street, HU5, Hull, HU5
£160,000

Our Summary

  • 5 Bedroom HMO – Ideal Investment Opportunity | £22,320 Annual Income | Potential to Add Value | Popular Location
  • With scope to modernise, the property offers clear potential to increase both rental income and capital value through cosmetic improvements
  • Ideal Investment Opportunity

Description

This five-bedroom HMO property in a popular location offers a fantastic investment opportunity, generating a gross monthly rental income of £1,860 and a strong rental yield of approximately 13.95%. The property, which is fully licensed, is situated between Beverley Road and Newland Avenue, providing easy access to public transport links, the university, and local amenities. The accommodation is arranged over three floors, with a spacious communal living room, four double bedrooms, and two shower rooms. The property also benefits from a small rear garden, gas central heating, and uPVC double glazing windows. With scope to modernise and increase both rental income and capital value, this property is ideal for both first-time landlords and those looking to expand their portfolios.