Somerscales Street, Hull HU2 5 bed terraced house for sale

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Somerscales Street, Hull HU2 5 bed terraced house for sale

Somerscales Street, Hull, HU2
£160,000

Our Summary

  • This five bedroom fully licensed HMO presents a high-yielding investment opportunity, supported by a Certificate of Lawful Use, ensuring the property is fully compliant with Article 4 planning restrictions

Description

This five-bedroom property in Hull is a high-yielding investment opportunity, generating a gross annual income of £25,716 and a gross yield of 16.1% based on the guide price. The property is fully licensed and has a Certificate of Lawful Use, ensuring it is compliant with Article 4 planning restrictions. It is located on Beverley Road, within walking distance of Hull City Centre, St Stephen's Shopping Centre, and Paragon Station, making it an attractive proposition for tenants and investors. The property is fully let at the time of marketing, providing immediate income from day one, and its prime location and strong historical demand make it a turnkey buy-to-let investment in a proven rental hotspot.