Desmond Avenue
- 7 bedroom hmo property
- £31,920 per year 11.82% yield
- Investment opportunity
- Close proximity to university of hull
- Great local amenities
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.
Council Tax Band: C
Tenure: Freehold
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.Use our handy mortgage calculator to estimate what your monthly repayments could be. Edit the fields below with the relevant details or, if you’d like a more accurate view on what your repayments could be, complete our mortgage enquiry form below and our Mortgage Consultant will be in touch.
* Terms and Conditions apply.
Mortgage enquiry
HULL
East Yorkshire
HU5 3AB
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.
A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.
ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.