£115,000
(£135/sq. ft)
3 bed terraced house for saleShannon Road, Hull HU8
3 beds
1 bath
2 receptions
850 sq. ft
EPC Rating: E
Added on
.png){kind=logo}
About this property
Description
Investment only - sold with tenants in situ | £700 pcm | 7.30% gross yield at asking price!
Please note new EPC booked in for wk 16/11/26
Compliance Expiry Details
EPC - Due now
Eicr - 16/3/31
Gas - 18/2/27
Higson Homes presents this three-bedroom freehold mid-terrace on Shannon Road in east Hull. The property is being sold with the existing tenants in situ, who moved in during May 2024. The rent was last increased in February 2026 and is currently £700 per calendar month.
Key features
- Sold with tenants in situ since May 2024
- £8,400 annual rent, giving a 7.30% gross yield at the £115,000 asking price before costs
- Three-bedroom freehold mid-terrace with approximately 850 sq ft of accommodation
- Reception room, kitchen, bathroom and separate WC
- Paved front area and rear garden
- Currently managed by Higson Homes, with continued management available by agreement
Current rent and nearby advertised rents
Our November 2026 LetsBid report identified nearby three-bedroom homes advertised at £750-£850 pcm, including a terrace on Bickleigh Grove at £750 pcm, a terrace on Hodder Grove at £850 pcm and an end-terrace on Frome Road at £850 pcm. The advertised gross yield is based on the property's current rent of £700 pcm.
Property condition and photographs
The property is in the Longhill area of east Hull, close to Longhill Primary School and Wansbeck Primary School. The marketing photographs were taken in 2024 before the current tenants moved in. At the latest mid-term inspection on 10 November 2026, the interior was described as clean, tidy and well maintained. The inspection identified garden maintenance.
Continued management with Higson Homes
We already manage the property, so you can speak directly with the team that knows the property and the tenancy. If you'd like us to continue managing it after completion, we can agree terms in advance and coordinate the handover, giving you and the tenants a familiar point of contact.
Contact Higson Homes on to discuss the investment, request the available property and tenancy information, or ask about continued management. Viewings are by appointment and arranged with the tenants.
Council Tax Band: A (Hull Council Tax)
Tenure: Freehold
Zoopla tools
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
Local area information
Zoopla insights
Sign in and gain expert analysis to make informed decisions.