7 bed terraced house for sale

De Grey Street, Hull HU5

Description

7-Bed HMO Investment!

Current rentals - £43,140 per annum

Certificate of lawful use - Granted Sui Generis Use - Ref 21/00042/law

This fully licensed 7-bedroom HMO presents a fantastic turnkey investment opportunity in the HU5 area of Hull. Currently generating £43,140 per annum with strong occupancy rates, this property offers immediate income and a solid yield for any portfolio.

The accommodation comprises 7 well-sized bedrooms, 5 en-suites and a shared bathroom between 2 people, a modern fitted kitchen/diner, and a spacious communal lounge. The property benefits from compliant fire safety measures, gas/electrical certifications, and an EPC rating of C.

Located near Hull University, which is less than a mile away from the property, the property attracts reliable professional and student tenants. With rising rental demand in the area, there is also potential to increase rents further.

An ideal, low-maintenance investment for buyers seeking consistent returns in a high-demand rental location.

Rentals per year - £43,140 per annum

Room 1 - £606.67 pm
Start date - 28/02/22 (notice to vacate)

Room 2 - £498.00 pm
Start date - 4.08.25

Room 3 - £541.00 pm
Start date - 14.05.25

Room 4 - £498.00 pm
Start date - 28.07.25

Room 5 - 650.00 pm
Start date - 14.05.25

Room 6 - £303.00 pm
Start date - 01.09.25

Room 7 - 498.33 pm
Start date - 14.01.25

Fully tenanted on advert to students and working professionals.

This property is perfectly situated in a popular rental location close to local amenities, bars, restaurants, and transport links.

Compliance Certificates Expiries
Gas - 6.01.26
Electric Condition Report - 13.12.26
EPC - C (78 - 82) 19.03.32

Fire Alarm (panel system) - October 25
Emergency Lighting - April 26
Portable Appliance Test - Due
HMO License (non-transferable) - Applied
Fire Risk Assessment - Completed June 22

Council Tax Band - B

Council Tax Band: B (Hull Council Tax)
Tenure: Freehold