De Grey Street, Hull
£130,000
INVESTMENT PROPERTY FOR SALE
This investment property presents a remarkable opportunity for discerning buyers. This well-maintained house of multiple occupation boasts four spacious bedrooms and two modern bathrooms, making it an ideal choice for those seeking a profitable venture in the rental market.
With a generous living space of 883 square feet, the property is currently tenanted, ensuring a steady income stream from day one. The current gross annual income stands at an impressive £18,660, which translates to a remarkable return of 14.35%. This makes it an attractive option for investors looking to expand their portfolio or enter the property market with a reliable asset.
The layout of the property is designed to maximise comfort and functionality, providing ample space for tenants to enjoy. Each bedroom is well-proportioned, and the bathrooms are equipped with modern fixtures, catering to the needs of contemporary living.
This property benefits from excellent local amenities, including shops, schools, and transport links, making it appealing to a wide range of tenants. The combination of a strong rental yield and a desirable location makes this property a sound investment choice.