4 bed terraced house for sale

Lambert Street, Hull, East Yorkshire HU5

Attention investors - this spacious four-bedroom terrace is already earning its keep in one of HU5’s most in-demand rental locations.

Positioned just off the buzzing mix of cafés, bars, restaurants, and amenities found around Newland Avenue and Beverley Road, this substantial property comes with tenants already in situ currently paying £850 pcm. Based on offers over £110,000, the property delivers an approximate gross yield of 9.3%, making it a seriously attractive proposition for portfolio landlords.

Spread across three floors, the accommodation offers plenty of space and flexibility, beginning with an open porch and entrance hallway leading through to two reception rooms and an impressive 19ft dining kitchen - ideal for modern tenants wanting room to spread out. There’s also a separate utility area and ground floor shower room for added practicality.

Upstairs, the first floor provides three bedrooms together with the main bathroom/WC, while the second floor offers a spacious fourth bedroom, perfect for sharers or larger households.

Outside, the property benefits from a forecourt to the front and a generous rear garden - another feature that helps this property stand out in the rental market.

The location is always a winner here. Close to Hull University, excellent transport links, local schools, and Hull city centre, this area continues to enjoy strong tenant demand year after year.

Further benefits include:

EPC Rating D
Council Tax Band A (Hull City Council)
Tenant in situ
Approx. 9.3% gross yield
Four-bedroom accommodation over three floors
Two reception rooms
Spacious 19ft dining kitchen
Large rear garden
Prime HU5 Newland/Beverley Road location
Strong ongoing rental demand

A sizeable investment in a location tenants love - and already producing income from day one.

Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

HUL260449/8

Agent's Note

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Agent's Note Two

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Agent's Note Two Continued

The administrative charge for this process is £40 plus VAT for a sole purchaser, £65 plus VAT for two purchasers and £75 plus VAT three or more purchasers.