Albert Avenue, Hull, HU3

Guide Price £250,000-£260,000 plus Reservation Fee

This six-bedroom, fully licensed HMO represents an excellent ready-made investment opportunity, offering six individual bedrooms, each benefiting from its own en-suite bathroom. Fully occupied at the time of listing, the property generates an established rental income of approximately £41,080 per annum, producing an attractive gross rental yield of 16.43% based on the guide price of £250,000.

Rarely do HMO investment properties come to the market with en-suite facilities in every bedroom. This highly desirable configuration offers tenants additional privacy and convenience, helping to make the property an appealing proposition for investors seeking a well-established, income-producing asset.

Current Rental Income

The property currently generates the following weekly room rents:

Room 1: £130 per week – tenant in occupation since 2022
Room 2: £135 per week – tenant in occupation for approximately two months
Room 3: £135 per week – tenant in occupation since 2024
Room 4: £135 per week – new tenant moved in on 9 October 2026
Room 5: £130 per week – tenant in occupation since 2020
Room 6: £125 per week – tenant in occupation since 2024
Total Weekly Rental Income: £790

Approximate Monthly Rental Income: £3,423.33

Annual Rental Income: £41,080

Gross Rental Yield at £250,000: 16.43%

The property is fully licensed as an HMO and is fully occupied at the time of listing, allowing the successful purchaser to acquire an established investment with tenants already in place. The combination of six en-suite bedrooms and a strong rental income makes this a compelling addition to an existing portfolio or an attractive opportunity for an investor looking to expand their property holdings.

The property may also appeal to investors considering the serviced accommodation market, subject to the necessary planning, licensing and other regulatory requirements.

The location places the property within easy reach of Hull Royal Infirmary and the MKM Stadium, with good transport links and access to local amenities. This convenient position adds to its appeal for tenants seeking accommodation close to key local destinations.

The property is also reported to benefit from historic evidence relating to compliance with Article Four planning restrictions. Interested parties should review the available documentation and undertake their own enquiries to confirm the applicable planning position.

With its fully licensed status, six en-suite bedrooms, established occupancy and gross yield of approximately 16.43%, this is a high-performing HMO investment opportunity that deserves early consideration.

Key Features
Six-Bedroom HMO Investment
Fully Licensed HMO
Six En-Suite Bedrooms
Fully Occupied at the Time of Listing
£790 Weekly Rental Income
Approx. £3,423 Monthly Rental Income
£41,080 Annual Rental Income
Approx. 16.43% Gross Rental Yield
Guide Price £250,000
Historic Article Four Evidence Reported to Be Available
Potential Serviced Accommodation Appeal, Subject to Consents
Close to Hull Royal Infirmary
Convenient for the MKM Stadium
Good Transport Links

Fees, Exclusivity & Disclaimer
Reservation Fee:
Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 1.5% of the purchase price (minimum £2,500 + VAT). This fee is in addition to the purchase price. Once paid, the property will be immediately taken off the market, preventing gazumping, reducing delays, and providing peace of mind.

Refund Policy:
The Reservation Fee may be refunded only in specific circumstances, including:

The seller withdrawing from the sale
A chain collapsing beyond the Buyer's control
Significant structural issues confirmed by a qualified structural survey
For full details of refund eligibility, please contact our office.

Exclusivity:
Upon payment of the Reservation Fee, Rezee grants the Buyer a fixed exclusivity period of 90 days from the issue of draft contracts. During this time, the property is reserved exclusively for the Buyer.

Buying Process:

Register your interest
Prepare your finances
Arrange a viewing
Make an offer
Secure the sale via our secure system
Exchange and complete
Important Information & Disclaimer:
A Ready Sale Pack containing detailed property information is available. Buyers are advised to review this pack and undertake their own due diligence before committing to purchase.

Buyers must verify their identity and provide proof of funds as part of our compliance process.

Rezee may offer related services, including conveyancing, mortgage advice and surveying, and may receive referral fees from third-party providers.

Whilst every care has been taken in preparing these sales particulars, they do not constitute any part of an offer or contract and should not be relied upon as statements of fact. Buyers should satisfy themselves as to the accuracy of all information provided.

Stamp Duty (SDLT):
Liability for Stamp Duty Land Tax depends upon the purchase price and the buyer's individual circumstances. Purchasers should seek advice from their solicitor or tax adviser to establish whether SDLT is payable and, if so, the amount due.

Rezee's Approach:
Our innovative selling process provides a secure and transparent way to buy property, helping to reduce the risk of failed transactions and providing greater certainty for both buyers and sellers.