4 bed terraced house for sale

Washington Street, Hull HU5

***Guide Price £150,000 - £160,000 plus Reservation Fee***

This four-bedroom, four-bathroom HMO property represents an excellent investment opportunity, currently generating approximately £19,560 per annum in rental income and offering an attractive yield of around 13%.

The property falls below the minimum size requirements for an HMO licence, meaning a licence is not required. In addition, the seller has assured us they can provide evidence pre-dating the Article 4 planning changes, giving further security for prospective buyers.

Each of the four bedrooms benefits from access to its own bathroom, providing a practical and appealing feature for tenants, even though the bathrooms are not en-suite. This setup helps to attract and retain occupants while maximising rental potential.

Situated just off Beverley Road, the property is perfectly positioned within easy reach of Hull University, Newland Avenue, and an abundance of shops, cafes, bars, and local amenities—making it a highly sought-after location for students and young professionals alike.

With no chain and vacant possession available if required, this property presents a rare opportunity to acquire a ready-made investment in a popular rental area, with excellent returns from day one.

Key Features
Four-bedroom, four-bathroom HMO property.
Approximate rental income of £19,560 per annum.
Attractive yield of around 13%.
Falls below minimum size requirements for HMO licensing.
Seller can provide evidence pre-dating Article 4 planning changes.
Each bedroom benefits from its own bathroom (non-ensuite).
Sought-after location off Beverley Road, close to Hull University.
Easy access to Newland Avenue’s shops, bars, and amenities.

Fees, Exclusivity & Disclaimer
Reservation Fee:
Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 2% of the purchase price (minimum £2,500 + VAT). This fee is in addition to the purchase price. Once paid, the property will be immediately taken off the market, preventing gazumping, reducing delays, and providing peace of mind.

Refund Policy:
The Reservation Fee may be refunded only in specific circumstances, such as:

The seller withdrawing from the sale
A chain collapsing beyond the Buyer’s control
Significant structural issues confirmed by a qualified structural survey
For full details of refund eligibility, please contact our office.

Exclusivity:
Upon payment of the Reservation Fee, rezee grants the Buyer a fixed exclusivity period of 90 days from the issue of draft contracts. During this time, the property is reserved exclusively for the Buyer.

Buying Process:

Register your interest
Prepare your finances
Arrange a viewing
Make an offer
Secure the sale via our secure system
Exchange and complete
Important Information & Disclaimer:
A Ready Sale Pack containing detailed property information is available. Buyers are advised to review this pack and undertake their own due diligence before committing to purchase.
Buyers must verify their id and provide proof of funds as part of our compliance process.
rezee may offer related services (conveyancing, financial advice, surveying, etc.) and may receive referral fees from third-party providers.
While we take care to ensure sales particulars are accurate, they do not form part of any offer or contract and should not be relied upon as statements of fact.

Stamp Duty (sdlt):
Not all property purchases are subject to sdlt. Liability depends on factors such as purchase price and the buyer’s position. Buyers should seek advice from a solicitor or tax adviser to confirm whether sdlt applies to their purchase and how much would be payable.

rezee’s Approach:
Our innovative selling process provides a secure and transparent way to buy property, designed to protect all parties and reduce the risks of failed sales.

Would you like me to also highlight the yield and rental figures in the bullet points (so they stand out more for investors scrolling on Rightmove/Zoopla)?