yieldit says ..

Property Oracle says ..

This four-bedroom property located on Walters Terrace in Hull is presented as a potential investment opportunity due to its status as a fully let HMO. The property’s location offers reasonable access to schools and transportation, although a more detailed analysis of the immediate surroundings would be needed to fully assess its desirability.

The interior photos reveal a property that is currently occupied and requires some level of renovation. The condition of the rooms is inconsistent, with some showing more wear and tear than others. The cleanliness also needs significant improvement. Furnishings and personal belongings of the current tenants significantly impact the images making it difficult to accurately assess the overall condition.

The provided images reveal a very small backyard. While this space offers a limited outdoor area, its neglect and lack of landscaping detract from its value.

The listing price of £140,000 is reasonably priced based on comparable nearby properties, especially considering the fact that it is offered as a fully let HMO. However, the lack of information concerning the property size needs to be addressed. A potential buyer should budget for refurbishment costs to bring the property up to a desirable standard. A professional survey is recommended to verify the structural integrity and identify any potential issues.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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