Summary - 39 PARK GROVE HULL HU5 2UP
6 bed 4 bath House of Multiple Occupation
**Standout Features:**
- **6 Bedrooms** (3 En-Suites, 1 Bathroom)
- **HMO License** (currently active)
- **Great Investment Potential**: Gross Yield of 13.4% and projected ROI of 10.4%
- **Large Rear Garden**: Ideal for tenant socializing
- **Superb Location**: Minutes from Princes Avenue and University of Hull
- **Potential for Expansion**: Up to 3 additional bedrooms with planning permission
Welcome to an exciting investment opportunity in a well-serviced area close to the cosmopolitan vibrancy of Princes Avenue. This mid-terraced house of multiple occupation boasts six sizable double bedrooms, including three en-suites, making it a prime rental candidate for students or young professionals. The spacious kitchen diner, with modern appliances, complements the communal living space and ensures tenant convenience.
This property also features a large rear garden, a coveted asset for social gatherings during the warmer months. While the home retains delightful Victorian features throughout, it does require some modernization to reach its full potential. Current upholstery and decor provide a neutral canvas for future updates, while fully double-glazed windows and two patio doors contribute to energy efficiency and light.
Given its location within walking distance to essential amenities and the University of Hull, along with an excellent projected cash flow and yield, this home is attractive to both seasoned investors and first-time buyers contemplating a rental income. Take advantage of the potential to further enhance returns by adding more bedrooms with necessary approvals. Don’t miss this rare chance to invest in a high-demand area—properties like this are few and far between!
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