12 bedroom block of apartments for sale

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12 bedroom block of apartments for sale

Spring Bank, Hull
£250,000

Our Summary

  • INVESTMENT OPPORTUNITY WITH POTENTIAL FOR HIGH RETURNTo be converted into 9 studios & 1 x 3-bed HMO to the rearWith private rear access car parkPotential annual income of £80,000+ (after renovation)Predicted gross return after renovation – 12 to 13%Buyer's premium appliesEnquire on / for more details

Description

This is an investment opportunity to convert a property into a 9-studio and 1-3 bedroom HMO, with private rear access car park, offering a potential annual income of £80,000+ after renovation. The property has the potential to generate a gross return of 12-13% after renovation, making it an attractive investment opportunity for those looking to generate a high return on their investment.