Attractive 5-Bedroom HMO Investment Property – 11 Beresford Avenue, Hull (HU6)
Location: 11 Beresford Avenue, Hull, HU6
Price: £210,000
HMO License and CLU in place
This well-maintained 5-bedroom HMO is ideally located in a popular student area, offering a fantastic opportunity for investors. Currently let to 3 students, the property generates solid rental income with scope for further uplift. Two tenants are paying £5,520 each for the full academic year, while the third tenant pays £5,280. Fully let, the property has the potential to achieve £5,520 per room annually across all 5 bedrooms.
Situated close to Hull University and local amenities, 11 Beresford Avenue offers excellent rental appeal. The layout includes 3 bedrooms upstairs and 2 additional bedrooms on the ground floor (see floor plan attached), along with a spacious lounge/kitchen area and a bathroom.
Key Features:
5 Spacious Bedrooms – Arranged over two floors, ideal for student tenants
Large Lounge/Kitchen Area – Perfect for communal living and socialising
Fully Let to 3 Students – Immediate rental income in place
Prime Student Location – Minutes from Hull University and local amenities
Potential to Maximise Income – Fully let at £5,520 per room would offer strong returns
Current Rental Income:
2 Students Paying: £5,520 each for the academic year
1 Student Paying: £5,280 for the academic year
Potential Rental Income (Fully Let):
5 Students at £5,520 per year: £27,600 annually
Yield Potential: With a sale price of £210,000, the property offers a potential yield of 13.14%, making it a very attractive investment in Hull’s thriving student rental market.