7 bed terraced house for sale

Peel Street, Hull HU3

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.

Full license in place (non-transferable)

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)

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