Delightful 4-Bedroom HMO Investment Property – Prime Student Location Near Hull University
Location: Hardy Street, Hull, HU5
Price: £120,000
Vacant and Ready for Immediate Letting – Certificate of Lawful Use (CLU) in Place
This charming 4-bedroom student home is perfectly located close to Hull University, making it an ideal investment for student accommodation. The property features a spacious open-plan lounge, kitchen, and dining area—perfect for group meals and entertaining guests. Each of the four bedrooms is generously sized and includes a work station, providing ample space for studying. Local amenities, including shops and cafes, are just a 5-minute walk away, ensuring convenience for student tenants.
Key Features:
4 Fully Furnished Bedrooms – All spacious and equipped with a work station for student tenants
Large Open Lounge, Kitchen & Dining Area – Ideal for communal living, group meals, and socializing
Prime Location – Just a short walk to Hull University and local amenities
Certificate of Lawful Use (CLU) – Ensuring compliance for HMO usage
Rental Potential:
Potential Rent: £105 per week per room
Annual Potential Income: £21,000 based on a 50-week contract
Yield Potential:
With a sale price of £120,000, this property offers a potential yield of 17.5%, making it an attractive investment in the student rental market.