Investment Sales

Morrill Street, Hull

6 Bedroom | £150,000

Investment Opportunity
6 bedroom terraced HMO property in Morrill Street, off Holderness Road HU9

Theb property is a Licensed HMO and benefits from HMO License and planning consent for C4 use, gas central heating and double glazing
2 bedroms on the ground floor and 4 bedrooms and two bathrooms upstairs

The property comprises

Ground Floor
Entrance
Bedroom 1
Bedroom 2
Living room
Kitchen
Garden

First floor
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Bedroom 6
Family bathroom and a toilet

Current rental income at the time of listing
Room 1 - Empty (previously let at £400 pcm)
Room 2 - Empty previously let at £350 pcm)
Room 3 - Empty (previously let at £260 pcm)
Room 4 – £399 pcm
Room 5 – £341.25 pcm
Room 6 - £73.50 pw


Total current gross income £12,705 pa Yield 8.47%
Potential rental income £24,850 pa - Yield 16.55%

Key property features:

  • 6 bedroom HMO
  • Central Heating
  • Double glazed
  • Good size garden
  • Potential Gross Income pa £24
  • 850

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    For Sale