Ella Street, Hull
Offers Around £210,000
6 Bedroom House Of Multiple Occupancy
INVESTMENT PROPERTY FOR SALE
With six well-proportioned bedrooms is ideal for the smart investor looking for an established House in Multiple Occupation (HMO). The property features two bathrooms & 2 ensuite bathrooms, ensuring convenience for all occupants. The inviting reception room provides a welcoming space for relaxation and social gatherings, making it the heart of the home.
One of the standout features of this property is its prime location, situated conveniently next to the popular Newland Avenue.. This proximity not only makes it an attractive option for students but also enhances its potential as a rental property.
Offered at a price below the market average, this property represents an excellent investment opportunity.
Offering a current rental income of circa £22,000 PA, at full capacity this property has previously achieved a gross income of £34,000 per annum.
NOTE: There are some minor works needed to satisfy licence conditions, and these works can be completed by MyPad's sister building company My Repair. The cost of these works are circa £5,000. Full details can be provided.
PHOTOS: These where taken in 2022
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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