5 Bedroom HMO | £23,400 PA - Professional Tenants in SituThis fully licensed five bedroom HMO offers a solid, turnkey investment opportunity with professional tenants already in situ. Located in the HU3 area of Hull, just minutes from Hull Royal Infirmary, the city centre, and local shops and amenities. The area is consistently popular with working tenants, making voids low and demand high.The property itself is well maintained throughout and has been set up with both functionality and tenant comfort in mind. Upon entering, you’re welcomed into a hallway that leads to two spacious ground floor bedrooms, followed by a large communal kitchen with plenty of cupboard space and integrated appliances. There’s also a separate living room and dining area, offering ample communal space, as well as a shower room on this level.Upstairs are three further double bedrooms, all generously sized, with one benefitting from a private ensuite. Several of the bedrooms include small kitchenettes, offering tenants an added level of convenience and privacy - a feature that’s increasingly in demand for shared accommodation.Externally, the property has low maintenance front and rear gardens, with the rear finished with artificial grass, ideal for keeping ongoing upkeep and costs to a minimum.The property currently generates a gross rental income of £23,400 per annum, with bills included in the rent. With all compliance in place, no major works required, fully furnished throughout including appliances and tenants already in situ, this is a hassle free addition to any investor’s portfolio, offering income from day one. Call Belvoir to arrange a viewing now! EPC rating: D. Tenure: Freehold,
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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