Property Details
From £150,000
7 bedrooms
Peel Street, Hull
Modern Method of Auction: Three-story, 7-bedroom terraced HMO with tenants in situ, two bathrooms, and communal living/kitchen areas. Current monthly rental income: £2,627. Approx. Ideal for investors.
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
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
Ideal for investors
EPC - D
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Council Tax Band: A (East Riding Council Tax)
Tenure: Freehold
Parking options: On Street
Garden details: Enclosed Garden
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
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
Ideal for investors
EPC - D
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
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.
