£185,000
7 bed terraced house for salePeel Street, Hull HU3
7 beds
2 baths
1 reception
EPC Rating: D
Higson Homes
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About this property
Description
This three-story terraced property on Peel Street, Hull, is a prime investment opportunity with a fully tenanted 7-bedroom HMO. The property features two bathrooms, a communal kitchen, and a shared living area, providing practical, comfortable accommodation for tenants.
*please note*
The property provides a combined kitchen and conservatory communal area of approximately 25.37m2. Interested parties requiring finance should make their own enquiries with their proposed lender prior to any viewings being booked in, as lending criteria for HMOs can vary and previous lending applications on the property have raised queries regarding communal accommodation.
Current monthly rental income per room:
Room 1: £369
Room 2: £355
Room 3: £347
Room 4: £350
Room 5: £390
Room 6: £340
Room 7: £477
Total monthly income: £2,627
Gross yield: 17% (based on £185,000 asking price)
TV Licence. £14.95
Octopus Energy £400.00
Council Tax £121.00
Internet £41.50
Yorkshire Water £26.00
Located close to local amenities and transport links, this property offers immediate rental income and a low-maintenance investment opportunity.
Key Features:
7-bedroom HMO with tenants in situ
Three-story terraced property
Communal kitchen and living area
Two bathrooms
Monthly rental income: £2,627
Approx. 17% gross yield
Ideal for investors
EPC - D
Council Tax Band: A (East Riding Council Tax)
Tenure: Freehold
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