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Wellesley Avenue, Hull

Exceptional 5-Bedroom HMO Investment Property

Overview: Seize this outstanding opportunity to invest in a well-established 5-bedroom House in Multiple Occupation (HMO). This property promises a solid rental income and strong growth potential.

Key Details:

Gross Rental Income: £26,400 PA (potential)
Gross Yield: 13.2% per annum
C4 HMO Status: Documented historic use; Article 4 Consent applied for.
Rents are accurate at the time of listing.

Property Layout:

Ground Floor:

Bedroom 1
First Bathroom (shower)
Lounge
Dining Room
Kitchen
First Floor:

Bedroom 2
Bedroom 3
Second Bathroom (shower)
Bedroom 4
Bedroom 5
Why Invest?

This property features a spacious layout designed for comfortable student living, ensuring high demand and occupancy rates.
With its historical use as an HMO, coupled with the application for Article 4 Consent, you can secure a valuable asset in a competitive rental market.
This investment not only provides a reliable income stream but also the potential for long-term appreciation. Don’t miss out on the chance to own this prime HMO property!

Contact us today for more information or to arrange a viewing. Act fast—opportunities like this don’t last long!

Key property features:

  • Currently let to 4 students for academic year 2023/24
  • Gross Rental Income £18
  • 900
  • Gross Yield 8.59%
  • 5 Bed HMO
  • Investment Property
  • Article 4 CLU consent as C4 HMO applied for
  • 5 Bedroom House Share
  • £200,000 Asking Price

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01482 346366 sales@tulipg.co.uk

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