Morpeth Street, HU3 - £155,000

RARE OPPORTUNITY TO ACQUIRE A 6 BED HMO IN THE HEART OF HULL!!!
 
This fully tenanted turnkey property, having undergone a full back to brick renovation in early 2016, is a large traditional terrace at the heart of a thriving developing community. The letting potential in this location is incredible with this type of accommodation being in very high demand. This finished product has above standard room sizes, 2 full bathroom suites, a separate WC and a large en-suite bathroom, a large kitchen and the added
attraction of an extra communal TV snug room to the rear. There is an enclosed private garden. Investors must move quickly to secure this deal as this opportunity to acquire prime residential space of this type is extremely limited.

GROSS YEILD 15.9% NET YEILD 11.3%
MONTHLY GROSS INCOME £2,057
ANNUAL GROSS INCOME £24,700
MONTHLY NET INCOME £1,466
ANNUAL NET INCOME £17,592