£115,000

4 bed end terrace house for sale

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  2.  2 Melbourne St Livingroom.Jpg
  3.  2 Melbourne St Kitchen.Jpg
Freehold

Offers over

£115,000

(£107/sq. ft)

4 bed end terrace house for sale

Melbourne Street, Hull HU5

4 beds
1 bath
1 reception
1,077 sq. ft
EPC rating: D

Key Information

Tenure:
Freehold
Council tax band:
A

Local area information

Property location

Nearby amenities

  • Sidmouth Primary School 0.2 miles
  • St Nicholas Primary School 0.3 miles
  • Hull 1.5 miles
  • Cottingham 2.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
Investment Opportunity: High-Yield 4-Bedroom Student Property

Location: Prime student area close to universities, amenities, and public transport links.

Property Features:

4 Spacious Bedrooms: Well-sized rooms, perfect for student tenants seeking comfort and privacy.
Modern Kitchen: Fully equipped with modern appliances, ample storage, and a dining area.
Living Area: A cozy communal space for socializing and relaxation.

Financial Highlights:

Potential Rental Income: £20,800 per annum
Gross Yield: An impressive 17.33% pa, ensuring a strong return on investment.
Council Tax Band: A

Location Benefits:

Proximity to Universities: Walking distance to Hull University
Amenities: Close to shops, cafes, restaurants, and recreational facilities, enhancing tenant satisfaction.
Transport Links: Excellent public transport connections, including bus routes providing easy access to the city and beyond.

Investment Advantages:

Consistent Demand: Situated in a sought-after student area, ensuring high occupancy rates year-round.
Low Running Costs: With a manageable council tax band (A) and a respectable EPC rating (D), operational costs remain economical.
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?

High Yield: Achieve an attractive gross yield of 17.33% per annum.
Stable Income: Generate reliable rental income

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  1. Zoopla
  2. For sale
  3. East Riding of Yorkshire
  4. Hull
  5. Melbourne Street

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