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5 Bedroom House In Hull
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Type of property: House Email: Contact advertiser Price: £145,000 Freehold Top spec 4bed /5 lettable rooms semi 9 minutes walk from Hull University. Stamp Duty exempt. Recently refurbed to very high standard to comply with all HMO licensing & Fire and Safety regs. 5 off-road parking spaces. Full GCH UPVc double glazing. 5 lever mortice locks to entry doors and bedrooms. Price includes all furnishings, fixtures and fittings including: 4ft double divan beds custom-fitted pine furnishings to all bedrooms; washer dryer, auto-defrost fridge & freezer; Panasonic 32in. widescreen digital TV remote; all instruction manuals supplied. Wireless broadband installed. Let 5 rooms straight away for no additional outlay, or convert back to family accommodation for the cost of removing a stud wall and changing 5 doors. Do the maths: 4bed / 5 lettable rooms house for £145K - raise £123,250 @ 85% LTV - £617 per month mortgage repayment @ 6% - £1000 per month rental income - no stamp duty The deal stacks up very well. Excellent income stream. £100K capital growth headroom before Hull values catch up with UK average circa £250K for this type of property. Be quick because it will not stick. Check out this link for local comparables: www.whathouse.co.uk/house-prices/HU6 Location: Hull Region: North East Number of bedrooms: 5 Number of reception rooms: 1 Number of bathrooms: 2 Type of property: Semi Detached Parking: Garage Tell others about this property by clicking on the "social bookmarking" site logos below: Stumble Upon Reddit Digg Del-icio-us Facebook

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