Vermont Street, Kingston Upon Hull, City Of Kingston Upon Hull

Investment Opportunity – Five-Bedroom HMO in Hull

YieldMe is pleased to present this well-presented five-bedroom HMO at 5 Vermont Street, Hull. Fully let to five tenants, the property generates £27,178.56 per annum including bills, offering an established rental investment with tenants already in place.

The accommodation comprises five furnished bedrooms, two bathrooms, a contemporary fitted kitchen and separate communal living space. Character features, including exposed brickwork, complement the modern interiors, providing accommodation suited to the student and professional rental markets.

Location

Situated within Hull’s HU5 area, the property benefits from convenient access to Beverley Road and the shops, cafés and amenities around Newland Avenue. The University of Hull’s Cottingham Road campus is approximately 0.7 miles away, while local bus services provide connections to the city centre.

Investment Overview

At an asking price of £220,000, the annual rental income of £27,178.56 represents a gross yield of approximately 12.35%, including bills and before operating and purchase costs.

The stated annual income excluding bills is £20,678.56, equivalent to approximately 9.40% of the asking price before other operating and purchase costs.

With five tenants in place, furnished accommodation and an EPC rating of C, 5 Vermont Street offers an attractive opportunity for investors seeking an established HMO investment in Hull.

Asking Price: £220,000
EPC Rating: C

For further information or to arrange a viewing, please contact YieldMe.

Anti-Money Laundering

To comply with the Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017, all successful purchasers will be asked to provide proof of identity and address. We will therefore require copies of a valid passport or photo driving licence and a recent utility bill dated within the last three months. This information will be required before solicitors are instructed.