Summary - 10 WELLESLEY AVENUE HULL HU6 7LW
6 bed 2 bath House Share
**Standout Features:**
- 6-bedroom HMO with current occupancy of 5 students for the 2023/2024 academic year
- Attractive gross rental income of £23,750, yielding 9.90%
- Article 4 Consent applied, with historical use as a C4 HMO
- Spacious living areas with modern design elements
- Convenient location near key amenities and public transport
**Potential Concerns:**
- Property requires some maintenance due to age
- Limited outdoor space for recreational use
**Summary:**
Discover this promising 6-bedroom HMO on Wellesley Avenue—an excellent investment opportunity catering to the thriving student demographic in Hull. Currently let to 5 students for the academic year, it generates a gross rental income of £23,750, yielding a substantial 9.90%. With an application for Article 4 consent already in progress, this property offers both stability and potential for future growth.
The house features a classic Victorian facade and contemporary interiors that maximize natural light across medium-sized bedrooms and communal living spaces, ideal for fostering student life. The presence of two functional bathrooms enhances practicality during peak occupancy. Nestled in a cosmopolitan neighborhood, it boasts easy access to local amenities such as shops, restaurants, and schools, providing a vibrant living experience.
While the property has maintenance needs typical of a home built during the early 20th century, its solid structure and attractive rental yield position it as a valuable addition to any investor's portfolio. Seize the opportunity to enrich your investment strategy with this well-located HMO before it’s gone!
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