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Bethnal Green, Beverley Road, Kingston upon Hull, HU6 7LE

3 Bedroom | £75,000

A fantastic opportunity to purchase a well maintained long term established HMO. Situated in a great location for student letting and working professionals - in a quiet terrace just north of the junction between Cottingham Road/Beverley Road/Clough Road. Very close to Newland Avenue.
1 mile from Hull University The property benefits from 3 letting rooms, separate living/dining, UPVC windows and doors, gas central heating. Fire alarm system renewed 12.04.19
Partially converted loft space. flooring, heating and lighting installed. Staircase required to be 4th bedroom.

PROPERTY COMPRISES OF:
GROUND FLOOR
Entrance hallway with entrance matting, laminate floor and mains smoke alarm.
Staircase leading to first floor bedrooms;

Bedroom 1 (10m²)

Living/dining room (10m²)

REAR ADDITION
Kitchen (6.28m²) - Modern fitted kitchen with integrated gas hob and electric oven, washing machine and Worcester combination boiler;

Rear lobby - leading to bathroom and UPVC external door to yard;

Bathroom - with white suite, wash hand basin, WC and over bath mixer tap shower;

FIRST FLOOR
Hallway with carpet and mains smoke alarm;

Bedroom 2 (7.88m²)
Bedroom 3 (13.37m²)
The loft has been prepared, subject to the installation of stairs - for possible use as a further bedroom.

Main roof - Concrete interlocking tiles
Main addition roof - concrete interlocking tile
Bathroom addition - Felt flat roof

Rental income - bills included
Room 1 - Empty
Room 2 - £75 per week
Room 3 - £50 per week

Gas and electicity are paid by the tenants.
Landlord pays:
Council rates: £94pcm
Water rates bill £41.70 pcm
TV Licence £13.20 pcm
Internet £42.00 pcm
So about £190.00 pcm in total.

Key property features:

  • 3 bed multi let HMO investment property
  • 360 Tour available on the listing
  • Gross income £6500 per annum
  • Gross Yield 8.66%
  • Let to working people bills excluded
  • Rents correct at time of listing
  • Bills Exclusive tenancies
  • REDUCED BY £15,000
  • Great location for student letting
  • Part converted loft space

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