Ventnor Street, Hull
- PROPERTY TYPE
Terraced
- BEDROOMS
4
- BATHROOMS
1
- SIZE
948 sq ft
88 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
Description
Investment Opportunity – Established 4-Bedroom HMO in a Prime Newland Avenue Location
An outstanding opportunity to acquire a well-established four-bedroom HMO in one of Hull's most sought-after rental locations, just moments from the vibrant Newland Avenue and within easy walking distance of the University of Hull.
Successfully operating as a licensed HMO since 2013, the property boasts a long-standing history of consistent occupancy and reliable rental income, making it an ideal addition to any investment portfolio. Fully let and producing an annual rental income of £19,920, the property delivers an attractive gross yield of approximately 13.7%, offering immediate income from day one.
The accommodation comprises four generously sized letting bedrooms, a welcoming communal lounge, a fitted kitchen, and shared bathroom facilities, all designed to meet the needs of student and professional tenants. Outside, the property benefits from a low-maintenance rear yard.
Positioned in the heart of one of Hull's most popular rental hotspots, the property enjoys excellent access to a wealth of local amenities, including independent cafés, bars, restaurants, supermarkets and shops, together with regular transport links to Hull city centre and beyond. Its proximity to the University ensures continued demand from both students and young professionals.
Whether you're looking to expand an existing portfolio or secure a high-yielding investment with a proven track record, this is a rare opportunity to purchase a fully tenanted HMO in a consistently high-demand location.
Brochures
Ventnor Street, 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.
- 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.
- Yes
- 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
Ventnor Street, Hull
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Notes
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Visit our security centre to find out moreDisclaimer - Property reference 34867540. 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 MyPad, 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.