High Yielding HMO – Only £92,000
3 Bedroom HMO property for sale close to Hull University offering a substantial 13% rental yield at an accessible price point.
A spacious and modern 3-bedroom student house with large bedrooms throughout. Located in the heart of the student area, the property is extremely close to stacks of amenities and is only a 15-minute walk from the University.
Offering a NET monthly cash flow of over £541 PCM after all management costs and bills.
We estimate this property will offer a huge 28% NET return on cash invested for those opting to purchase with 75% LTV mortgage.
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Please Note: Property values can decrease as well as increase. No express or implied income claims are made herein. Historic performance should not be taken as a guarantee of future performance. Leveraged property investment with mortgage finance can increase the risk of losing money as well as increasing the possible gains.
Sherwood Estate Agency Ltd uses all reasonable efforts to ensure that the property information published on the website and in the investment packs and elsewhere are accurate, current and complete at the date of publication; no warranties or representations are made or implied as to the accuracy of such information.