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3 bedroom terraced house for sale

Pavilion Crescent, Worthing Street, Hull, East Riding Of Yorkshire, HU5

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

1

SIZE

535 sq ft

50 sq m

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

  • Fantastic Student HMO Investment Opportunity
  • 3-Bedroom, 1-Bathroom Mid-Terrace
  • Prime East Yorkshire Location, in a Highly Desirable Rental Area
  • Mid-Terraced 2-Storey Student HMO
  • Market Rent: £1,128 pcm / £1,180
  • Gross Yield: 13.9%/14.5%
  • ROI: 8.1%/9.4%
  • Low-maintenance Outdoor Space, Perfect for Tenants to Relax or Entertain
  • Close Proximity to a Variety of Amenities
  • Join our Investor Clubhouse for 24-hour early access to investment properties and get exclusive alerts on price reductions before they hit the open market

Description

This modern three-bedroom, one-bathroom mid-terraced house has a footprint of 535 sq ft and offers excellent investment potential. It blends a neutral design with feature walls, a modern kitchen, and abundant natural light throughout. The property benefits from an 'Ideal' gas boiler and an 'Inspire' remote heating thermostat, helping to maintain an optimum temperature while reducing energy bills.

Based on 75% LTV with a 5% interest rate and taking buying costs into account (including the buyers fee) the projected cashflow of £253.58 per month and ROI of 8.1% present a strong investment proposition.

The property is entered via a hallway with white walls and new laminate flooring. To the left is the ground-floor bedroom, finished with white walls and a feature wall to the rear, along with wooden flooring throughout. Furnishings include a double bed, wardrobe, bedside table, desk with chair, and curtains with slatted blinds.

Beyond the ground-floor bedroom is the living room, which features wooden flooring, white walls, and an emerald green feature wall on the chimney breast. An electric fireplace is installed with a wall-mounted television above. The room is furnished with two two-seater sofas, a coffee table, and a black blind fitted to the window.

The kitchen is accessed from the living room via a small step down and is finished with grey stone-effect lino flooring. It is fitted with cream cupboard doors with long silver T-bar handles, black granite worktops, and a black splashback. The walls are predominantly white, with a vibrant green feature wall by the window. The kitchen offers extensive countertop space and includes an electric four-ring hob, under-counter fridge, and washing machine. A fire blanket is located on the far wall near the sink.

The ground-floor bathroom, located at the rear of the property, is fully tiled in white with a black mosaic feature tile running horizontally just off centre. The floor is finished in black tiles. The bathroom comprises a bath with over-bath shower and curtain, toilet, sink with mirrored storage cupboard above, and a wall-mounted silver towel rail.

External space is accessed via the kitchen and consists of a low-maintenance mix of paving and stone. A hedge runs along the left boundary, with fencing to the rear and right.

Stairs to the first floor are carpeted in dark grey, with white hallway walls. A window at the top of the staircase is fitted with a dark grey slatted blind.

The second bedroom is a double room with white walls and dark grey carpet. Furnishings include a double bed, bedside table, built-in sliding-door wardrobe, curtains, and a desk and chair.

The third bedroom, larger than the second, features white walls and wooden flooring. It is furnished with a double bed, desk with a chair, bedside table, built-in sliding wardrobes, and floor-to-ceiling curtains.

The property is within a short walk of Cottingham Road, Newland Avenue, and Beverley Road, which offer a wide range of amenities including highly rated cafés and restaurants, independent shops, Lloyds Bank, Tesco, and a post office.

It is also within walking distance of the University of Hull, making it ideal for student tenants. Thanks to excellent access to local amenities, the property could easily be adapted for working professionals depending on market demand and owner preference.

The property is located within an Article 4 area, which restricts the conversion of C3 residential dwellings into C4 HMOs without planning permission. Due to the cap on new supply, demand for compliant properties has increased significantly, supporting strong property values. This property was converted prior to the implementation of Article 4, and the seller can provide supporting evidence.

Overall, the property is in good condition, and no structural work is required to maximise returns. To view the comprehensive brochure, please sign up to our Investors Clubhouse by visiting the REALM 47 website.

Buyers premium of £4,000 + VAT is payable in two parts:
- A non-refundable reservation fee of 25% plus VAT or £1,500 plus VAT (whichever is greater)
- The balance is due upon legal completion (which is collected and paid by the buyers solicitor)
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.
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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.
Back garden
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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Energy performance certificate - ask agent

Pavilion Crescent, Worthing Street, Hull, East Riding Of Yorkshire, HU5

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About Realm 47, Hull

Suite 712, K2 Building, Bond Street, Hull, HU1 3EN
Industry affiliations:Industry affiliation logo 0

REALM 47 Property Brokerage are Investment Specialists, with over 20 years of experience in the property industry we are here to assist investor buyers with the acquisition process or sellers throughout the sale process; acting for either party as buying agent or selling agent.

We handle a vast range of properties from existing investment properties and those with plans for development through to the less obvious properties such as those that are currently used as family homes but fit investment or development criteria. As a business we seek out the assets amongst the liabilities for our clients, we analyse, look at strategy options and carry out extensive research prior to listing a property or presenting it to our clients.

Our diverse range of clients have varied goals to achieve from their property businesses, because of this we look at a broad range of strategies to help clients reach those goals. Those strategies deliver cashflow, capital appreciation, capital profits or a combination of them. Due to the needs of our clients and the various layers involved in executing property deals we offer a complete service, where the additional service cannot be offered in house we connect clients with service providers, industry experts and suppliers.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£445
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference H727. 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 Realm 47, 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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