For Sale: High-Yield 6-Bedroom HMO Student Accommodation – Cranbrook Avenue, Hull – £225,000
Presenting an exceptional opportunity to acquire a 6-bedroom HMO Licensed property with a Certificate of Lawful Use (CLU), situated in the heart of Hull’s vibrant student area. This property is specifically designed for student accommodation, making it a prime choice for investors seeking a high-yield asset.
Key Investment Highlights:
Currently Vacant
Potential Rental Income: Each room can be let at £110 per week (bills inclusive), providing a total annual income of £31,680 over 48 weeks.
Strong Yield: With a sale price of £225,000, the property offers an impressive potential yield of 14.08%.
Prime Location: Located on Cranbrook Avenue, one of Hull’s most sought-after streets for students, close to the University of Hull and local amenities.
Fully Compliant: The property comes with a Certificate of Lawful Use (CLU), ensuring compliance with HMO regulations.
Spacious Accommodation: The property features six well-proportioned bedrooms, communal areas, and facilities tailored to student needs.
Viewings Available: By appointment only. Don’t miss out on this high-yield, low-risk investment opportunity. Contact us today to arrange a viewing.