Ventnor Street, Hull
- PROPERTY TYPE
House Share
- BEDROOMS
4
- BATHROOMS
1
- SIZE
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- TENUREDescribes 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
- 2024/25 Academic Year Rent: £100 per person per week
- Letting Period: 48 weeks
- Fully Let Income Potential: £19,200 per annum
- Current Actual Rent (2 Tenants): £9,600
- Gross Yield on Full Occupancy: 14.22% (Based on £135,000 asking price)
Description
A fantastic opportunity to purchase a newly refurbished 4-bedroom student HMO located just a short walk from the University of Hull and the ever-popular Newland Avenue. This spacious terraced home is perfect for student living, featuring a large communal space and generously sized bedrooms – all set up for academic success and comfortable living.
The property was fully let at £100 pppw for the 2024/25 academic year, but currently has only two tenants remaining and is not yet let for 2025/26, offering flexibility for the next owner to increase rent, reconfigure, or re-let.
2024/25 Academic Year
Original Rent: £100 per person per week
Letting Period: 48 weeks
Fully Let Income Potential: £19,200 per annum
Current Actual Rent (2 Tenants): £9,600
Gross Yield on Full Occupancy: 14.22% (Based on £135,000 asking price)
Note: Property is not yet let for 2025/26, providing scope for future rental increases or alternative letting strategies.
With recent upgrades and strong potential for rental income, 47 Ventnor Street is an ideal option for landlords or investors looking to secure a solid student asset in one of Hull’s most consistent rental areas. There's immediate income from the current tenancy, and the opportunity to maximise returns from 2025/26 onwards.
Brochures
Ventnor Street, Hull- 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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Ventnor Street, Hull
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Visit our security centre to find out moreDisclaimer - Property reference 33936748. 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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