Investment Sales

Beverley Road,Kingston Upon Hull

5 Bedroom | £120,000

Investment opportunity 5 bed HMO multi let. Currently, let at £1472 per month bills included. Fire doors and fire alarm system. HMO licence not in place as only let to 4 people. Large kitchen dining room. Separate WC. Ground floor full bathroom; First-floor shower cubicle.
4 x Tenants Universal Credit payment direct to letting agency. Cash buyers only.

PROPERTY COMPRISES OF:
GROUND FLOOR - Entrance hallway - Living room - 13.1m2 - Bed 1 - 11.4m2 - Kitchen/dining - 14.4m2
Lobby- WC - Bathroom - Shower cubicle, WC and wash hand basin

FIRST FLOOR - Hallway: Bed 2 - 9.3m2: Bed 3 - 8.3m2: Bed 4 - 8.6m2: Bed 5/2nd living room - 8.47m2; Shower Room - (just a shower enclosure)

Key property features:

  • 5 bed HMO multi let
  • 4 of 5 bedrooms let
  • Gross Rental Inc £1472pcm/£17664pa
  • Gross Yield 13.8%
  • Popular location for students
  • Historic use as an HMO
  • Documented use back to 2015
  • 1 room kept un-let.
  • Cash buyers only.
  • Rents correct at time of listing

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For Sale