£120,000

4 bed property for sale

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  2.  14 Mel Livingroom.Jpg
  3.  14 Mel Kitchen.Jpg
Freehold

£120,000

(£100/sq. ft)

4 bed property for sale

Melbourne Street, Hull HU5

4 beds
1 bath
1,195 sq. ft
EPC rating: C

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 2.2 miles

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

Features and description

  • Freehold
Exceptional Investment Opportunity: 4-Bedroom Student Property

Property Features:

4 Generously Sized Bedrooms: Spacious, well-lit rooms perfect for student living.
Modern Kitchen: Fully equipped with contemporary appliances and ample storage.
Living Area: A cozy communal space for socializing and relaxation.

Financial Highlights:

Potential Rental Income: £20,160 per annum
Gross Yield: A remarkable 17.53%, ensuring a high return on investment.
Energy Performance Certificate (EPC) Rating: C, indicating good energy efficiency and lower utility bills.

Location Benefits:

Proximity to Universities: Strategically located a 5 minute walk from Hull University, ensuring a steady stream of potential tenants.
Amenities: Close to shops, cafes, restaurants, and recreational facilities, enhancing the living experience for students.
Transport Links: Excellent public transport connections, including bus routes and train stations, for easy access to the city.

Investment Advantages:

Consistent Demand: Situated in a sought-after student area, ensuring high occupancy rates year-round.
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 impressive gross yield of 17.53% 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.

Contact Us Today:
Don't miss this outstanding investment opportunity. Reach out now for more details, to arrange a viewing, and to secure your investment in this high-yield student property.

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Floor plans (1)

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

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