Peel Street, Hull
- BEDROOMS
5
- BATHROOMS
3
- SIZE
1,486 sq ft
138 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
- Asking Price: £220,000
- Fully Licensed Five-Bedroom HMO
- £28,332 Annual Income
- 12.9% Gross Yield
Description
Asking Price: £220,000
Fully Licensed Five-Bedroom HMO | Article 4 clu in Place | £28,332 Annual Income | 12.9% Gross Yield
Tulip Investment Sales are delighted to present this fully licensed five-bedroom HMO investment opportunity situated in a popular and established residential area of Hull.
The property benefits from a Certificate of Lawful Use confirming its established HMO use within Hull’s Article 4 area, providing planning assurance for prospective investors.
The accommodation provides five spacious bedrooms, two of which have private en-suite facilities. The remaining three bedrooms are served by a communal bathroom. There is also a shared kitchen and communal accommodation suitable for professional tenants.
The property is currently fully occupied by working professionals and produces a gross rental income of £28,332 per annum. Based on the asking price of £220,000, this represents an attractive gross yield of approximately 12.9%.
The layout has been designed for the modern professional house-share market, offering a practical combination of private facilities, shared living space and convenient access to local amenities and transport links. Its proven rental performance and established occupancy make it a ready-made investment for landlords seeking immediate income.
Externally, the property benefits from an enclosed rear garden, providing tenants with a useful outdoor space not always available with comparable HMO properties.
The property is conveniently located for Hull city centre, Hull Royal Infirmary, local shops, public transport routes and several major employment areas. The location continues to attract strong demand from professional tenants and supports consistent occupancy.
This is an opportunity to acquire an established income-producing HMO with a strong yield, Article 4 clu in place, good tenant facilities and long-term investment potential.
Brochures
Peel 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.
- 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
Peel Street, Hull
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Visit our security centre to find out moreDisclaimer - Property reference 34876263. 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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