Tulip Investment Sales says ..

Property Oracle says ..

This property in Hull is a six-bedroom house presented as a potential investment opportunity, specifically marketed as a fully licensed HMO (House in Multiple Occupation). Its location on Beverley Road offers proximity to schools rated ‘Good’ by Ofsted and transport links, making it potentially attractive to students and young professionals. However, there is limited information regarding the property’s square footage. The condition, from the available photographs, appears to be functional but somewhat dated and in need of modernizing. A small, unkempt rear yard is visible, providing minimal outdoor space. While the listing emphasizes a high annual rental income (£29,991.96), the provided price of £210,000 requires careful consideration by potential buyers to assess if it aligns with their investment goals. Given the high number of bedrooms and the potential rental income, it may be an attractive option for buy-to-let investors, though further inspection of the property and its compliance with HMO regulations is crucial before committing to purchase. Overall, the property presents a mixed profile – with potential benefits against drawbacks. Buyers should perform thorough due diligence before making an offer.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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