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Ash Grove, Hull

PROPERTY TYPE

House Share

BEDROOMS

7

BATHROOMS

3

SIZE

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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

Description

Price: £220,000 Exceptional Investment Opportunity

7-Bedroom HMO Property | 2 Storey | Freehold | HMO License Granted | Article 4 Compliant

Tulip Investment Sales are delighted to present this fully licensed seven-bedroom HMO investment opportunity situated in a popular and established area of Hull.

An exceptional opportunity to acquire a fully compliant HMO property in a prime rental market. This property benefits from historic tenancies confirming permitted usage under the Article 4 Directive with a gross yield of 16.5% when fully let. Currently vacant, the property is structurally sound and fully compliant.

The property features seven spacious bedrooms, three bathrooms and a very large kitchen with separate living/dining room – ideal for communal use. Additionally, there is significant scope for further development to enhance its rental appeal and return on investment.

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 makes it a ready-made investment for landlords looking to extend their portfolio.

To book a viewing please contact the office on or

Brochures

Ash Grove, 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.
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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.
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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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Ash Grove, Hull

Approximate location

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Affordability

Monthly repayments£1,093
Property: £ 220,000
Deposit: £ 22,000
Interest rate: 5.24%
Term: 30 years
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About Tulip, Hull

105-107 Cottingham Road Hull HU5 2DH

Jamie Austin founded Tulip.

We specialise in the sale of investment properties, licensed and non-licensed H.M.O's, commercial and tenanted properties. We have more than 25 years' experience selling and managing tenanted properties, we help our clients who are both selling and purchasing to understand and avoid the pitfalls along the way.

Our lettings department manage residential, commercial and houses of multiple occupancy. We have a specialist Environmental Housing Team to help with compliance, the licensing and planning status of your investment.

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Disclaimer - Property reference 34951951. 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.

*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.