4 bed terraced house for sale

May Street, Hull HU5

***Guide Price £150,000- £160,000 plus Reservation Fee***

This four-bedroom HMO property presents an excellent investment opportunity, delivering a strong income stream with a gross annual income of approximately £21,270, equating to a gross yield of around 14.5%. The property is configured with four letting bedrooms, keeping it under current HMO licensing requirements.The property has a lawful development planning certificate for use as a 4 Bed HMO

The property is well presented and in good condition throughout, having been fully occupied at the time of listing, making it an attractive ready-made investment. Situated just off Beverley Road, the property is ideally located within easy reach of local shops, amenities, and transport links, ensuring consistent rental demand.

Key Features:

Four-bedroom HMO investment property
Annual income of £21,270 (approx.)
Gross yield of 14.5% (approx.)
Evidence available pre-dating Article 4
Fully occupied at time of listing
Well-presented and in good condition
Sought-after Beverley Road location
Excellent access to local shops, amenities, and transport links
Reservation Fee Applicable – T&c’s Apply
Book Your Viewing Today!

Fees, Exclusivity & Disclaimer

Reservation Fee:
Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 2% of the purchase price (minimum £2,500+ VAT). This fee is in addition to the purchase price. Once paid, the property will be immediately taken off the market, preventing gazumping, reducing delays, and providing peace of mind.

Refund Policy:
The Reservation Fee may be refunded only in specific circumstances, such as:

The seller withdrawing from the sale
A chain collapsing beyond the Buyer’s control
Significant structural issues confirmed by a qualified structural survey
For full details of refund eligibility, please contact our office.
Exclusivity:
Upon payment of the Reservation Fee, rezee grants the Buyer a fixed exclusivity period of 90 days from the issue of draft contracts. During this time, the property is reserved exclusively for the Buyer.

Buying Process:

Register your interest
Prepare your finances
Arrange a viewing
Make an offer
Secure the sale via our secure system
Exchange and complete
Important Information & Disclaimer:
A Ready Sale Pack containing detailed property information is available. Buyers are advised to review this pack and undertake their own due diligence before committing to purchase.
Buyers must verify their id and provide proof of funds as part of our compliance process.
rezee may offer related services (conveyancing, financial advice, surveying, etc.) and may receive referral fees from third-party providers.
While we take care to ensure sales particulars are accurate, they do not form part of any offer or contract and should not be relied upon as statements of fact.

Stamp Duty (sdlt):
Not all property purchases are subject to sdlt. Liability depends on factors such as purchase price and buyers’ position. Buyers should seek advice from a solicitor or tax adviser to confirm whether sdlt applies to their purchase and how much they would have to pay.

rezee’s Approach:
Our innovative selling process provides a secure and transparent way to buy property, designed to protect all parties and reduce the risks of failed sales.