Summary - 84 GRAFTON STREET HULL HU5 2NP
5 bed 3 bath Terraced
**Standout Features:**
- Licensed 5-bedroom HMO with Certificate of Lawful Use
- Gross annual income: £22,320.52
- Two shower rooms + en-suite, communal living room, and kitchen with breakfast bar
- Victorian terraced property in a vibrant student neighborhood
- Good rental potential with strong yield (approx. 13.95%)
- Small rear garden and gas central heating
- Needs renovation to maximize future value
**Summary:**
Discover an exceptional investment opportunity with this fully licensed 5-bedroom HMO, centrally located in a bustling student neighborhood. Generating a steady gross annual income of £22,320.52, this property boasts two shower rooms and an en-suite, alongside a spacious communal living area and a well-appointed kitchen featuring a breakfast bar.
With a current gross rental yield of around 13.95%, it's ideal for first-time landlords and seasoned investors alike. The high-demand area boasts proximity to both the University of Hull and Hull City Centre, with an array of shops, cafes, bars, and public transport links just a stone's throw away. The property does require some renovation, offering fantastic potential to enhance both rental income and capital value through modern updates.
Additionally, its charming Victorian architecture presents a unique opportunity to create a desirable living space. A small garden provides a private outdoor retreat for tenants. Priced competitively at £160,000, don't miss the chance to invest in this promising property; it won't be on the market for long!
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