We believe this property works best with a mortgage at 75% LTV or less based on a mortgage interest rate of 5%. Ability to increase the returns through refurbishment . A successful long standing HMO; the six bedroom, two bathroom house is located on a mostly residential street that runs between Newland Avenue and Beverley Road, both of which are full of amenities from small independent shops and cafes through to larger stores and even a swimming pool. To the top of Newland Avenue is Cottingham Road where the University of Hull is located (very convenient for student tenants). The property's spacious and versatile accommodation will appeal to any demographic of tenant, while it is currently let to professional tenants,…
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