5 bed property for sale

Alexandra Road, Hull HU5

A five-bedroom detached House in Multiple Occupation (HMO) located in the HU5 area, offered with a guide price of £200,000 to £210,000.

The property currently offers an estimated rental income of £2,250 per calendar month (£27,000 per annum), representing an approximate gross yield of up to 13.5% at the guide price.

The accommodation is arranged across five lettable bedrooms, a modern fitted kitchen, an open-plan communal living and dining area, a main bathroom, and separate shower facilities. The interior is finished with neutral décor and hard-wearing flooring suitable for ongoing letting.

Externally, the property sits on an expansive plot that could lend itself to either the expansion of the existing building, or a separate development (both subject to planning approval). The property also benefits from private off-street parking to the front for multiple vehicles.

Within walking distance of the University of Hull, local amenities, and bus routes along Newland Avenue, the property is ideally located for both professional and student tenants.

Ideal for investors seeking an operational multi-let asset with huge potential.

EPC Rating: D

Living Room (3.56m x 4.16m)

With laminate flooring, radiator and window.

Kitchen / Diner (6.1m x 3.7m)

With tiled floor, base and wall mounted kitchen units, wood effect laminate worktop and splashback, integrated oven and gas hob, wall mounted extractor fan, plumbing for washing machine, window, and door to rear garden.

Bathroom 1 (1.6m x 3.5m)

With laminate flooring, towel radiator, wash basin on pedestal, toilet, bath with over shower and glass bath shower screen.

Bedroom 1 (3.5m x 3.4m)

With carpet, radiator and window.

Bedroom 2 (3.73m x 2.80m)

With carpet, wash basin on pedestal, radiator and window.

Bedroom 3 (4.13m x 4.33m)

With carpet, wash basin on pedestal, radiator and window.

Bathroom 2 (2.3m x 1.9m)

With laminate flooring, towel radiator, wash basin on pedestal, toilet, shower enclosure and window.

Bedroom 4 (3.60m x 2.37m)

With carpet, radiator and window.

Bedroom 5 (4.2m x 3.6m)

With carpet, radiator and window.

Garden

Large low-maintenance garden with gravel, decking area and grass space.

Parking - Off Street

Disclaimer

Anti-Money Laundering - We are required by law to conduct anti-money laundering checks on all those selling or buying a property. Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal, who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy. The cost of these checks is £60(incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable. We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.