Vermont Street
- 5 bedroom end terraced hmo property
- Fully let hmo
- £22,800 yearly income
- 11.4% yield
- Close to university of hull
Council Tax Band: A
Tenure: Freehold
The property's strategic placement offers a convenient lifestyle for tenants, with the University of Hull just a short walk away and popular bus routes connecting them to the rest of the city. It's the ideal choice for those looking to access the city's educational and professional opportunities without the hassle of a lengthy commute.
Investors will appreciate the consistent rental income and strong yield, making this property a lucrative addition to your portfolio. Seize the opportunity to own a well occupied, income-generating asset in this highly sought-after area.
Act quickly as this investment gem won't stay on the market for long.
Entrance Hall
Double glazed entrance door to the front, understairs cupboard, spotlights and a radiator.Kitchen/ Lounge
35' 3" max x 12' into bay ( 10.74m max x 3.66m into bay )Fitted kitchen with a range of wall and base units, 4 ring gas hob with hood over, cooker point, stainless steel sink, plumbing for an automatic washing machine, spotlights, two radiators, double glazed door to the front, double glazed window to the rear, two double glazed windows to the side and double glazed bay window to the side.
Bedroom 1
15' into bay x 12' 6" max ( 4.57m into bay x 3.81m max )Double glazed window to the front and a radiator.
Bedroom 2
12' 1" x 10' 6" max ( 3.68m x 3.20m max )Double glazed window to the rear, decorative ceiling rose, coving to the ceiling and a radiator.
Landing
Split level landing with access to the loft.Bedroom 3
12' 5" x 8' 3" ( 3.78m x 2.51m )Double glazed window to the front and a radiator.
Bedroom 4
12' 3" x 9' 8" ( 3.73m x 2.95m )Double glazed window to the front and a radiator.
Bathroom
Bathroom with panelled bath and shower over, low level W/C, pedestal wash hand basin, towel style radiator, boiler, spotlights, storage cupboard and double glazed window to the rear.Bedroom 5
12' 1" max x 12' 3" max ( 3.68m max x 3.73m max )Double glazed window to the rear and a radiator.
Bathroom
Bathroom with panelled bath and shower over, low level W/C, pedestal wash hand basin, towel style radiator, spotlights and double glazed window to the side.Front Garden
Concrete front yard with wall surround.Rear Garden
Rear concrete yard with gravelled area and fence surround.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.