Property Investor - Wolverhampton - Ref: 54

3 to 5 Year Lease Option

Readymade and Income Producing

6 Bedroom Mid Terrace House - Readymade 6 Bed HMO

Grafton Street, Hull, HU5 2NP

Rent to Landlord = £1,200 pcm

Purchase Price Within 5 Years = £160,000

Finder¢--s Fee = £3,000 + Vat

Potential Gross Income = £2,100 pcm = £25,200 per annum

CASHFLOW AFTER ALL THE ABOVE COSTS

Managed = £258 pcm = £3,096 per annum

Self Managed = £510 pcm = £6,120 per annum

For a limited time only, we have managed to secure a six bedroom mid terrace house within proximity to Hull City Centre.

The property is designed over three floors and comprises two bathrooms, six bedrooms, a large dining space, and a communal living area along with a spacious rear yard.

The property is fully HMO compliant and a brand new HMO license is in place

The property is situated in a perfect location close to great transport connections, City Centre, local shops, and all local amenities.

Any potential purchaser must be able to demonstrate their intention to run the HMO in a professional manner