7-bedroom house · HU5 2RD
Listing removedListed 412 days
Opportunity summary
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About
**great investment opportunity**7 bedroom HMO**currently vacant**potential to achieve £3,000PCM**arranged on 3 levels** A fantastic opportunity to purchase a 7 Bedroom HMO which is currently vacant and has the potential for an income of around £3,000pcm.
Benefiting from a Certificate of Lawful Use, the well-presented accommodation, which is arranged on 3 levels, includes all fittings, furniture, white goods and benefits from gas central heating and uPVC double glazing.
The accommodation, which is ready to let, briefly comprises Entrance Hallway, 2 Letting Rooms, main Reception Room, fitted Kitchen, on the first floor there are 3 further Letting Rooms, large Shower Room, on the second floor there are 2 further Letting Rooms and Bathroom.
Situated in this very convenient location close to local amenities.
Location The property is situated just off Newland Avenue therefore on the doorstep to excellent amenities including shops, bars, bistros, restaurants, regular bus routes to Hull City centre and ideal travelling distance for Hull City centre.
The accommodation comprises ground floor open porch entrance hall With entry door, dado rail, cornice to the ceiling, staircase leading to the first floor, spindle balustrade, single central heating radiator and under-stairs storage cupboard.
Letting room 1 12' 8" x 13' 2" (3.86m x 4.01m) Measured into recess. With uPVC double glazed window which overlooks the front, cornice to the ceiling, fireplace and single central heating radiator.
Letting room 2 10' 6" x 12' 9" (3.2m x 3.89m) With uPVC double glazed window which overlooks the rear, cornice to the ceiling, pedestal wash hand basin and single central heating radiator.
Communal reception room 12' 1" x 9' 1" (3.68m x 2.77m) With uPVC double glazed window which overlooks the side, laminate flooring, fitted cupboard housing boiler serving central heating and hot water and single central heating radiator.
Fitted kitchen 11' 5" x 9' 1" (3.48m x 2.77m) With fitted base and wall-mounted units, worktop surface areas with tiled surrounds, plumbing for automatic washing machine, 2 built-in under ovens, 2 gas hobs, uPVC double glazed window which overlooks the side, single central heating radiator, tiled flooring, half multi pane door which leads to the rear garden and 2 stainless steel sinks with mixer taps.
First floor landing letting room 3 12' 5" x 7' 5" (3.78m x 2.26m) With uPVC double glazed window which overlooks the front.
Letting room 4 12' 6" x 8' 4" (3.81m x 2.54m) With uPVC double glazed window which overlooks the front and single central heating radiator.
Letting room 5 10' 3" x 12' 3" (3.12m x 3.73m) Measured at widest points. With uPVC double glazed window which overlooks the rear, single central heating radiator and wash basin with mixer tap.
Shower room 12' 1" x 9' 1" (3.68m x 2.77m) With large walk-in shower, extractor, uPVC obscured double glazed window which overlooks the rear, pedestal wash hand basin with mixer tap, tall heated chrome towel rail/radiator, tiled flooring and low level WC.
Second floor landing letting room 6 14' 2" x 7' 2" (4.32m x 2.18m) With 2 Velux windows to the front and single central heating radiator.
Letting room 7 10' 6" x 6' 7" (3.2m x 2.01m) With uPVC double glazed window which overlooks the rear and single central heating radiator.
Shower room 7' 3" x 3' 5" (2.21m x 1.04m) Measurements excluding door well.
With shower cubicle, wash hand basin with mixer tap, low level WC, tiled flooring, uPVC obscured double glazed window which overlooks the rear, single central heating radiator and extractor.
Outside To the rear of the property there is a good size garden with paved area, fencing on perimeters and external tap connected.
Tenure We believe the tenure of this property to be Freehold (to be confirmed by the vendor's solicitors). Viewing to view, please call our newland avenue office on .
All measurements are approximate and for guidance only The mention of any appliances and/or services within these particulars does not imply they are in full and efficient working order.
Whilst we endeavour to make our sales details accurate and reliable, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the information.
Do so, particularly if travelling some distance to view the property.
Neil Kaye Estate Agents for themselves and the vendors or lessors of this property whose agents they are, given notice that these particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract.
None of the statements contained in these particulars as to this property are to be relied upon as statements or representations of fact Monday to Friday 9am to 5pm Saturday 10am to 1pm.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 12, Princes Road, Hull
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