


Ref ID: 109
Date available:
Furnishing: Not Specified
Property type: House of Multiple Occupation
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
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Property reference 109. The information displayed about this property comprises a property advertisement. rentright.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rentright has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Property Investor - Wolverhampton.