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FOR SALE

£170,000

St. Georges Road, Hull, HU3

House Of Multiple Occupation

5

5

01482 505152

Property features

5 bedroom mid-terrace HMO

All 5 rooms have their own en-suite shower room

Popular area for working professionals and within walking distance of Hull Royal infirmary

Potential gross yield of 16.09%

Potential annual rental income of £26,880

EPC - D

About this property

This well-presented five-bedroom HMO offers an exceptional opportunity for investors or those seeking a high-yielding investment in an area with a high tenant demographic.

Thoughtfully arranged over multiple floors, this property is currently configured to a high-spec, making it a lucrative addition to a rental portfolio.

Each of the five generously sized bedrooms benefits from its own en-suite shower room, providing a rare level of privacy and convenience for all occupants.

The interiors have been finished to a modern standard, with a well-equipped communal kitchen featuring contemporary fittings and ample workspace.

Situated in a popular area renowned for its vibrant atmosphere and excellent amenities, the property is just a short walk from Hull Royal Infirmary, making it particularly attractive for healthcare professionals.

Excellent transport links are close at hand, ensuring easy access to the city centre and beyond, as well as a range of local shops, cafes, and leisure facilities that add to the convenience of daily living.

The property currently has 3 bedrooms tenanted, currently generating a gross yield of over 10%, with a potential gross yield of almost 17% when fully occupied.

One room is currently on the rental market and one has undergoing refurbishment works before coming back to the rental market.

Key details

Broadband: up to 10000mbps

1195ft2 floor area

2616ft2 plot size

Freehold

Council tax band A

Local authority: Hull City Council

Additional information

Near the property

Schools
Transport

Rooms and dimensions

Kitchen

With laminate flooring in the kitchen, and carpet in the dining space, base and wall mounted kitchen units with wood effect worktop, tiled splashback, integrated oven and electric hob, wall mounted extractor fan, free standing fridge freezers, plumbing and space for two washing machines, French doors into the rear garden, radiator, and windows

Bedroom 1

With carpet, en-suite with corner shower, toilet, wash basin on vanity unit with storage, radiator, and windows.

Bedroom 2

With carpet, en-suite with corner shower, toilet, wash basin on vanity unit with storage, radiator, and window.

Bedroom 3

With carpet, en-suite with corner shower, toilet, wash basin on vanity unit with storage, radiator, and windows.

Bedroom 4

With carpet, en-suite with corner shower, toilet, wash basin on vanity unit with storage, radiator, and window.

Bedroom 5

With carpet, en-suite with corner shower, toilet, wash basin on vanity unit with storage, radiator, and window.

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Disclaimer - Anti-Money Laundering - We are required by law to conduct anti-money laundering checks on all those selling or buying a property. Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal, who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy. The cost of these checks is £60(incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable. We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.