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Beverley Road, Hull

PROPERTY TYPE

House Share

BEDROOMS

4

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Buy to Let
  • Investment Opportunity
  • 4 bedroom
  • Student Accommodation
  • Potential Rental income
  • Potential Yield
  • Popular location close to Hull University

Description

Price: £250,000

Vacant 4-Bedroom HMO and Ground Floor Shop Let at £800 pcm

This excellent investment opportunity combines a ground-floor commercial unit with a spacious 4-bedroom HMO on the first floor. Located just a 2-minute walk from the University of Hull, this property sits in a prime student area with plenty of local amenities, including shops, cafes, and transport links. The shop on the ground floor is already let at £800 per month, and the HMO offers strong rental potential for student tenants, with all bedrooms fully furnished.

Key Features:

4 Fully Furnished Bedrooms (First Floor) – Ideal for student tenants, ready for immediate letting
Spacious Lounge – Perfect for communal living and socializing
Ground Floor Commercial Unit – Shop currently let at £800 pcm, providing immediate rental income
Prime Location – Just a 2-minute walk to the University of Hull and surrounded by amenities
Rental Potential:

Potential Rent for HMO: £95 per week per room
Potential Annual Income from HMO: £18,240 based on a 48-week contract
Current Income from Shop: £9,600 per year
Total Potential Annual Income: £27,840

Yield Potential:

With a sale price of £250,000, the property offers a potential yield of 11.14%, making it a highly attractive investment opportunity in a thriving student and commercial area.

Brochures

Beverley Road, HullBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Beverley Road, Hull

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About Tulip, Hull

105-107 Cottingham Road Hull HU5 2DH

Jamie Austin founded Tulip.

We specialise in the sale of investment properties, licensed and non-licensed H.M.O's, commercial and tenanted properties. We have more than 25 years' experience selling and managing tenanted properties, we help our clients who are both selling and purchasing to understand and avoid the pitfalls along the way.

Our lettings department manage residential, commercial and houses of multiple occupancy. We have a specialist Environmental Housing Team to help with compliance, the licensing and planning status of your investment.

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Disclaimer - Property reference 33426004. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Tulip, Hull. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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