£135,000
3 bed semi-detached house for saleMelbourne Street, Hull HU5
3 beds
1 bath
2 receptions
EPC Rating: D
- Freehold
Yieldit
.png)
About this property
3 Bedroom Semi Detached Property
Potential to let as a HMO in the future
Suitable For Owner Occupiers Or Investors
Decorated Modern Throughtout
Rear Enclosed Back Yard
Close By To Local Amenities
Well Connected Transport Links
Enquire For Walkthrough Video
Freehold
Melbourne Street, Hull, Hu5 2Et
Yieldit are pleased to offer to the market this beautiful three bedroom semi detached property suitable for owner occupiers or investors. The property comprises of; entrance hallway, fully fitted modern kitchen, family bathroom with three piece suite, three sizeable bedrooms and externally benefiting from a rear enclosed back yard. The property has also been let as a HMO in the past so there is the potential to let the property in this way again in the future and increase your returns.
Hull city centre is home to the city’s best restaurants, pubs and shops and the peaceful Hull Marina which offers a range of places to eat, drink and explore. The area is well served by handy transport links and network connections, with easy access to the M62 Motorway providing links to York, Leeds and Sheffield and the recently developed Hull Royal Infirmary is also close by so it’s easy to see why this area is so popular with buy-to-let investors.
Hull offers attractive entry prices for investors, which provides for stronger returns and now is an excellent opportunity to invest whilst properties are still good value. Investment in renewable and green energy sectors will create employment opportunities driving the rental demand.
Financial Breakdown
Gross Rent: £9,600.00
Net income: £9,600.00
Gross yield: 7.11%
Net yield: 7.11%
Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-07962
Zoopla insights
Sign in and gain expert analysis to make informed decisions
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.