Property Details

 
£185,000
7 bedrooms

Peel Street, Hull

     
    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.

    Full license in place (non-transferable)

    Mix of professionals and students

    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
    Parking options: On Street
    Garden details: Enclosed Garden

    Map


    Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective purchaser. Any internal photographs are intended as a guide only and it should not be assumed that any of the furniture/fittings are included in any sale. Where shown, details of lease, ground rent and service charge are provided by the vendor and their accuracy cannot be guaranteed, as the information may not have been verified and further checks should be made either through your solicitor/conveyance. Where appliances, including central heating, are mentioned, it cannot be assumed that they are in working order, as they have not been tested. Please also note that wiring, plumbing and drains have not been checked.
     
     

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