This property has been taken off the market.

5 Bed Terraced House For Sale Desmond Avenue, Hull, HU6

£220,000- Terraced

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Last Updated: 18th March 2024

Description


SUMMARY
Investment Goldmine!
This fully let 7-bedroom HMO property earns an impressive £31,920 annually, boasting an 11.82% yield. Each room is thoughtfully designed, and tenants enjoy a communal kitchen and dining area, plus a rear garden. Don't miss this lucrative investment opportunity.


DESCRIPTION
Discover an exceptional investment opportunity in this fully let 7 bedroom terraced HMO property, generating an impressive annual income of £31,920 with an attractive yield of 11.82%. The property is a smart addition to any investor's portfolio.

Each room is thoughtfully designed, creating a comfortable and private living space for tenants. Additionally, a communal kitchen and dining area foster a sense of community among residents. The rear garden provides an outdoor retreat.

With every room occupied, this property ensures a steady and reliable income stream. HMO properties are in high demand, making this a lucrative and secure investment.

If you're looking to expand your investment portfolio, don't miss this opportunity. Secure your financial future with this high-yielding HMO property.
Schedule a viewing today and seize this fantastic investment prospect.

Entrance Porch  
1/2 tiled walls and tiled floor.

Entrance Hall 
Panelled entrance door with window over, radiator and stairs to the first floor.

Cloakroom  
Low level W/C and wash hand basin.

Bedroom 1 12' 1\" into recess x 15' into bay ( 3.68m into recess x 4.57m into bay )
Double glazed bay window to the front, wood grain effect flooring, radiator and coving to the ceiling.

Bedroom 2 12' 10\" x 10' into recess ( 3.91m x 3.05m into recess )
Double glazed window to the rear, wood grain effect flooring and a radiator.

Breakfast Kitchen  25' 5\" x 9' 8\" ( 7.75m x 2.95m )
Fitted kitchen with a range of wall and base units, work surfaces, two stainless steel sinks, tile splash back, gas cooker point, plumbing for an automatic washing machine, cupboard housing the boiler, two double glazed windows to the side and open plan to conservatory.

Conservatory  11' 3\" x 9' 7\" ( 3.43m x 2.92m )
Double glazed windows to the side and rear plus rear double glazed entrance door.

Landing 
Stairs to the second floor and a radiator.

Bedroom 5 10' 9\" plus recess x 10' ( 3.28m plus recess x 3.05m )
Double glazed window to the rear, wood grain effect flooring and a radiator.

Bedroom 3 9' 9\" x 8' 10\" ( 2.97m x 2.69m )
Double glazed window to the rear, wood grain effect flooring and a radiator.

Bedroom 6 12' 1\" x 8' 7\" ( 3.68m x 2.62m )
Double glazed window to the front, built in wardrobe, wood grain effect flooring and a radiator.

Bedroom 4 12' 2\" max x 8' 9\" ( 3.71m max x 2.67m )
Double glazed window to the front, wardrobe, cupboard, wood grain effect flooring and a radiator.

Bathroom 
Bathroom with panelled bath with shower over, low level w/c, pedestal wash hand basin, radiator and double glazed window to the side.

Shower Room 
Shower room with corner shower, low level W/C, pedestal wash hand basin and double glazed window to the side.

Bedroom 7 15' restricted head height x 10' 5\" ( 4.57m restricted head height x 3.17m )
Double glazed velux window to the front and rear, wood grain effect flooring and a radiator.

En-Suite Shower Room 
Shower room with shower cubicle, low level w/c, pedestal wash hand basin, radiator and a double glazed window to the side.

Front Garden 
Gravelled garden with wrought iron fence surround.

Rear Garden 
Lawned garden with fence surround and side pedestrian access.


DIRECTIONS
See below map for property location, for further information please contact the Residential Sales Team on .



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.\r
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.\r
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.\r
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.\r
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
Agent Details
William H. Brown
82 Newland Avenue, Hull, HU5 3AB

Investment Analysis

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Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested