Skip to content
When you start a new chat, your current one won't be saved.

Leads Road, Hull

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

1

SIZE

840 sq ft

78 sq m

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

An opportunity to purchase a three-bedroom freehold mid-terraced property on Leads Road, Hull, HU7 0BX, offered exclusively to investors at an asking price of £120,000, with tenants in situ.

Currently managed by Higson Homes, the property has an established tenancy which began on 2 July 2022. The current rent is £675 per calendar month, with the last rent increase taking effect in March 2026. The property is being sold subject to the existing tenancy, which will continue following completion.

The current rent generates £8,100 annually, representing a gross rental yield of 6.75% at the asking price.

Nearby three-bedroom rental comparables suggest scope for future rental growth. An indicative market rent of £795 per calendar month would generate £9,540 annually, equivalent to a potential gross yield of 7.95%. This estimate is subject to reviewing the property's current condition. Any future rent increase would be subject to the tenancy terms and applicable rent review requirements.

A floor plan will accompany the marketing particulars to illustrate the accommodation and room layout.

The gas safety inspection was completed on 30 April 2026, with the next inspection stated as due before 30 April 2027. The Electrical Installation Condition Report (EICR), dated 5 February 2026, records a satisfactory assessment, with the next inspection recommended by 5 February 2031. Copies of both reports are available on request.

The property has an EPC rating of D. The supplied EPC is dated 31 May 2017, with renewal due in May 2027. The property falls within Council Tax Band A.

The marketing photographs were taken in 2022 and may not reflect the property's present condition. More recent photographs from the latest inspection are available on request.

For further information, recent inspection photographs or to arrange a viewing, please contact Higson Homes on .

All yields are gross, calculated using the £120,000 asking price, and exclude purchase costs, management fees, maintenance, void periods and other expenditure. The potential rental figure is an estimate and is not guaranteed.

Council Tax Band: A (Hull Council Tax)
Tenure: Freehold

Brochures

Brochure
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.
Ask agent
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

Leads Road, Hull

Approximate location

Add an important place to see how long it'd take to get there from our property listings.

__mins driving to your place

Affordability

Monthly repayments£595
Property: £ 120,000
Deposit: £ 12,000
Interest rate: 5.22%
Term: 30 years
Powered byNatwest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
See similar nearby properties

About Higson Homes, Hull

129 Chanterlands Avenue, Hull, HU5 3TG
Industry affiliations:Industry affiliation logo 0

Welcome to Higson Homes - Your Trusted Property Experts in Hull

At Higson Homes, we are committed to providing a professional, transparent, and personal service to sellers, buyers, landlords, and tenants. As an independent agency, we combine local expertise with a proactive approach to ensure a smooth experience, whether you are selling, buying, letting, or renting.

Why Choose Higson Homes?

Experienced & Qualified - We are fully qualified members of Propertymark, adhering to the highest industry standards. We are also registered with The Property Ombudsman (TPO) for redress and have Client Money Protection (CMP) through Propertymark, offering security and peace of mind.

Comprehensive Sales & Lettings Services - Whether you are selling or buying a home, looking for tenants, or require full property management, we offer tailored solutions to meet your needs.

Clear & Competitive Fees - Our pricing is straightforward, with no hidden costs. We provide flexible packages to ensure you receive the best value.

Effective Marketing - Your property will be advertised on all major property portals, ensuring maximum exposure to the right audience. Our professional photography, floorplans, and 360° virtual tours help showcase your property to its full potential.

A Personal Approach - We take the time to understand your goals and guide you through every step of the process. Our friendly, knowledgeable team is always available to assist you.

Whether you are selling, buying, letting, or renting, Higson Homes is here to make your property journey smooth and successful.

Check how much you can borrow

Whether you're buying by yourself or with someone else, you can:

  • Receive a result instantly
  • Get viewings faster with agents
  • Check with no impact on your credit score
Powered byNatwest
Two happy people looking at phone

Notes

These notes are private, only you can see them.

Staying secure when looking for property

Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.

Visit our security centre to find out more

Disclaimer - Property reference RS0632. 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 Higson Homes, 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.