De Grey Street, Hull HU5 6 bed terraced house for sale

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De Grey Street, Hull HU5 6 bed terraced house for sale

De Grey Street, Hull HU5
£200,000

Our Summary

  • Investment Opportunity – Licensed Six Bedroom HMO Generating Approx
  • An exceptional investment opportunity offering an impressive return, this licensed six-bedroom HMO enjoys a strong rental history and produces approximately £31,000 gross annual rent, providing an attractive gross yield of around 15

Description

This licensed six-bedroom HMO in Hull offers an exceptional investment opportunity, generating approximately £31,000 gross annual rent and providing a gross yield of around 15.5% based on a purchase price of £200,000. The property has an established use pre-dating Article 4 planning restrictions, with evidence available from the seller, and benefits from a strong rental history. With three bathrooms and a large open-plan kitchen and living area, the property offers ample shared space and a well-balanced layout ideal for student or professional tenants. Located just off Newland Avenue, one of Hull's most sought-after areas for rental investment, the property sits within easy reach of Hull University and a wide range of shops, bars, cafes, and transport links, making it a consistent performer in the buy-to-let market.