9 bed terraced house for sale

Coltman Street, Hull HU3

This unique investment opportunity on Coltman Street is a compelling option for those looking to invest in Hull's property market. With two separate properties on one title, it boasts 9 en-suite bedrooms in addition to two modern communal kitchens spread across 240 square meters of floor space. The property has no current license but does have a certificate of lawful use for C4 usage and therefore a HMO license should be obtainable for both properties.

Since 2019 until recently the property has been utilised as a 9 bedroom HMO with a local housing association. The property would be ideal to be used in a similar type of arrangement. The property also has a certificate of lawful use for the two properties to be used for C4 usage. The property may therefore be able to become licensed as a HMO in the future, although there is not any guarantee that a HMO license can or will be granted by the local authority.

The location is highly convenient, being close to the city centre and train station. Residents will find all local amenities within easy reach, including supermarkets, cafes, and Hull Royal Infirmary. This area offers a vibrant community atmosphere with plenty of opportunities for social and cultural activities.

The property is offered with no onward chain and vacant possession, allowing for a straight forward acquisition process without any onward complications. Don't miss out on this prime investment opportunity. Call us now to arrange a viewing.

*A buyer's premium of 1% + VAT, (subject to a minimum of £2995 + VAT) of the agreed sale fee applies to this property. 25% of the total fee (a minimum of £995 + VAT) must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see the 'Buyer's Premium' page on our website for more information