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7 bedroom terraced house for sale
Peel Street, Hull HU3
£185,000
Peel Street, Hull HU3
£185,000
Our Summary
- This three-story terraced property on Peel Street, Hull, is a prime investment opportunity with a fully tenanted 7-bedroom HMO
- Full license in place (non-transferable)Current monthly rental income per room:Room 1: £369Room 2: £355Room 3: £347Room 4: £350Room 5: £390Room 6: £340Room 7: £477Total monthly income: £2,627Gross 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
Description
This three-story terraced property on Peel Street in Hull is a prime investment opportunity, with a fully tenanted 7-bedroom HMO generating a monthly rental income of £2,627. The property features a communal kitchen and living area, two bathrooms, and seven bedrooms, providing practical and comfortable accommodation for tenants. With a full license in place, the property offers immediate rental income and a low-maintenance investment opportunity. Located close to local amenities and transport links, the property has a gross yield of approximately 17% based on the asking price of £185,000, making it an ideal investment for those looking for a stable and profitable return.