SO MUCH POTENTIAL!!...LOOKING FOR AN INVESTMENT? THIS COULD BE FOR YOU!
Currently operating as 2 separate units as follows: The ground floor is a 2 bed flat with a current gross rent of £4500 p/a. The first floor has been recently refurbished and changed into a 3 bed shared property. Gross rents of £14,040 p/a. So a combined gross annual income of £18,540 p/a now.
There is the potential of refurbishing the ground floor 2 bedrooms, and combine them, to make a 5 bed HMO. This would add another £4340 per annum approx., and give a potential 16.3% yield!
This large, two storey property, is presented for sale as an up and running investment opportunity. The property benefits from double glazing and gas central heating, and is conveniently located with good transport links to the Hull City Centre. It is brought to the market with no chain involved, and is currently achieving a massive 13.2% yield.
INTEREST WILL BE HIGH IN THIS PROPERTY...REGISTER YOUR INTEREST ASAP!!