Terraced house for sale in Melbourne Street, Hull HU5

Offers over £110,000
Interested in this property? Call +44 1482 236208 * or Request Details

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Terraced house for sale - 3 bedrooms

3 1 1

Tenure:
Freehold
Council tax band:
A

Utilities and more details

Property description

Investment Opportunity: 3-Bedroom Student Property

Location: Close to universities and essential amenities.

Property Features:

3 Well-Proportioned Bedrooms: Spacious and comfortable rooms designed to meet student needs.
Modern Kitchen: Fully equipped with contemporary appliances and ample storage space.
Living Area: A cozy communal space for socializing and relaxing.

Rental Income: £13,680 per annum
Gross Yield: A solid 12.43% pa, offering a reliable return on investment.
Council Tax Band: A, providing low annual council tax expenses.
Energy Performance Certificate (EPC) Rating: C, indicating good energy efficiency and lower utility bills.

Location Benefits:

Conveniently located only a 5 minute walk to Hull University, ensuring a steady stream of potential tenants.
Close to shops, cafes, restaurants, and recreational facilities, enhancing the living experience for students.
Excellent public transport connections, including bus routes and train stations, for easy access to the city and beyond.

Investment Advantages:

Consistent Demand - Situated in a sought-after student area, ensuring high occupancy rates throughout the academic year.
Future Growth Potential: The thriving student population and ongoing developments in the area suggest potential for future capital appreciation.

Additional Information:

Furnished: The property comes fully furnished, ready for immediate tenancy.
Management Services Available: Professional property management services can be arranged by us, ensuring hassle-free investment.

Why Invest?

Steady Yield: Achieve a dependable gross yield of 12.43% per annum
Stable Income: Generate reliable rental income with consistent demand from students.
Prime Location: Benefit from a property located in a prime student area, ensuring long-term desirability and high occupancy.

Property info

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Tulip, HU5 on +44 1482 236208 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Tulip, and do not constitute property particulars. Please contact Tulip for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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