4 bed terraced house for sale

Walters Terrace, Newland Avenue HU5

Walters Terrace, Newland Avenue, Hu5 2Nq

Yieldit are pleased to offer to the market this attractive 4-bedroom HMO property as an exceptional investment opportunity ideally located on the outskirts of Hull city centre. The property is currently fully let providing a steady rental income with an impressive 7.68% net yield with scope to achieve higher.

Each of the 4 bedrooms are neutrally decorated and generously sized and come fully furnished, providing comfortable living spaces for tenants. The property features a shared bathroom, a spacious open plan living and dining area, fully equipped kitchen and enclosed back yard. The property is conveniently placed within close proximity to a wide range of amenities, well respected Universities and public transport links which ensures it will always be in demand rental accommodation.

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: £17,680.00
Net income: £10,748.80
Gross yield: 13.44%
Net yield: 8.17%
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-07961