Alexandra Road, Hull
Floorplan & Rooms
Features
Information
Description
A five-bedroom detached House in Multiple Occupation (HMO) located in the HU5 area, offered with a guide price of £200,000 to £210,000.
The property currently offers an estimated rental income of £2,250 per calendar month (£27,000 per annum), representing an approximate gross yield of up to 13.5% at the guide price.
The accommodation is arranged across five lettable bedrooms, a modern fitted kitchen, an open-plan communal living and dining area, a main bathroom, and separate shower facilities. The interior is finished with neutral décor and hard-wearing flooring suitable for ongoing letting.
Externally, the property sits on an expansive plot that could lend itself to either the expansion of the existing building, or a separate development (both subject to planning approval). The property also benefits from private off-street parking to the front for multiple vehicles.
Within walking distance of the University of Hull, local amenities, and bus routes along Newland Avenue, the property is ideally located for both professional and student tenants.
Ideal for investors seeking an operational multi-let asset with huge potential.
Price Guide
Estate agent
Location
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