Location: Cranbrook Avenue, Hull, HU6
Price: £225,000
Vacant and Ready for Immediate Letting – Certificate of Lawful Use (CLU) in Place
This 5-bedroom HMO terraced house is situated on Cranbrook Avenue, one of the best streets for students, just a 2-minute walk from the University of Hull. The property is currently vacant and fully compliant with a Certificate of Lawful Use (CLU) for its HMO status. Close to local amenities such as shops, cafes, and transport links, this house is a perfect fit for student tenants. The layout includes three spacious bedrooms upstairs and two downstairs.
Key Features:
5 Fully Furnished Bedrooms – 3 bedrooms upstairs and 2 downstairs, all spacious and ready for tenants
Comfortable Living Space – Designed for student communal living
Prime Location on Cranbrook Avenue – Highly sought-after student street, just a 2-minute walk to the University of Hull
Certificate of Lawful Use (CLU) – Ensuring compliance for HMO usage
Rental Potential:
Potential Rent: £105 per week per room
Annual Potential Income: £26,250 based on a 50-week contract
Yield Potential:
With a sale price of £225,000, the property offers a potential yield of 11.67%, making it a highly attractive investment in a thriving student rental market.