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
- 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
- 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
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.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- 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.
- Ask agent
Energy performance certificate - ask agent
Pavilion Crescent, Worthing Street, Hull, East Riding Of Yorkshire, HU5
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Visit our security centre to find out moreDisclaimer - 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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