3 bed semi-detached house

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3 bed semi-detached house

Melbourne Street, Hull HU5
£135,000

Our Summary

  • The property has also been let as a HMO in the past so there is the potential to let the property in this way again in the future and increase your returns
  • Potential to let as a HMO in the future

Description

This beautiful three-bedroom semi-detached property is situated on Melbourne Street in Hull and is suitable for owner occupiers or investors. The property boasts a modern kitchen, family bathroom, and three sizeable bedrooms, with a rear enclosed back yard. The property has previously been let as a HMO, offering potential for increased returns. Located in Hull city centre, the property is close to the city's best restaurants, pubs, and shops, as well as the peaceful Hull Marina. With easy access to the M62 Motorway and the recently developed Hull Royal Infirmary, this area is popular with buy-to-let investors. The property offers a gross yield of 7.11% and a net yield of 7.11%, making it an attractive investment opportunity.