Summary -
124, Grafton Street,HULL,HU5 2NP
HU5 2NP
8 bed 8 bath House of Multiple Occupation
**Standout Features:**
- 8 double bedrooms, 2 bathrooms
- Prime location near the University, ideal for students
- Gross yield of 17.9%, gross rent of £2,990 pcm (includes bills)
- Freehold with confirmation from Hull City Council for HMO operation
- Recently modernized open-plan kitchen/living area with high-end appliances
- Enclosed rear yard
- Strong rental potential in a cosmopolitan neighborhood
**Concerns:**
- Requires ongoing management as an HMO
- Area classified as "very deprived"
**Summary:**
Unlock a lucrative investment with this 8-bedroom, 2-bathroom mid-terrace HMO in a sought-after student-friendly neighborhood just off Newland Avenue. Currently yielding an impressive 17.9%, this property offers gross monthly rent of £2,990, making it an ideal choice for discerning investors. The contemporary open-plan living space encourages a communal atmosphere, featuring modern decor, two ovens, and ample lounge space centered around a 65-inch TV.
This spacious residence, equipped with all necessary amenities and high-efficiency heating, meets Hull City Council guidelines for HMO use, streamlining your investment journey. While the area has challenges related to deprivation and requires tenant management, its proximity to the university ensures a steady influx of renters. Noteworthy school options and diverse local amenities further enhance desirability. Don’t miss this opportunity to capitalize on a high-ROI investment—such unique properties are rarely available for long!
3 bedroom terraced house for sale in Grafton Street, Hull, HU5 — £120,000 • 3 bed • 1 bath • 883 ft²
3 bedroom house of multiple occupation for sale in The Beeches, Sidmouth Street, Hull, East Riding Of Yorkshire, HU5 — £110,000 • 3 bed • 1 bath • 554 ft²
5 bedroom house of multiple occupation for sale in Clumber Street, Hull, HU5 — £185,000 • 5 bed • 2 bath • 1572 ft²
6 bedroom house share for sale in Ash Grove, Beverley Road, Hull, HU5 — £205,000 • 6 bed • 3 bath • 1346 ft²
5 bedroom house of multiple occupation for sale in Ryde Street, Hull, East Riding Of Yorkshire, HU5 — £149,950 • 5 bed • 2 bath • 853 ft²
6 bedroom house of multiple occupation for sale in Park Grove, Hull, HU5 — £240,000 • 6 bed • 4 bath • 1539 ft²
