Mayfield Street, HU3, Hull, HU3 1NT

This four-bedroom terraced house is for sale as a shared house (HMO), offering an appealing option for investors. Currently,The four rooms are occupied, generating a rental income of £21,300 per year.

The property is neutrally decorated throughout, providing a straightforward, low-fuss environment for ongoing management and future tenants.

Inside, the layout includes one reception room, one kitchen and two bathrooms, providing the essential facilities expected in a shared house.

An EPC rating of D and Council Tax band A help to keep running costs more manageable for occupants.

Situated in Hull, the house benefits from access to the city’s amenities, including shops, supermarkets, and local services.

Hull offers a range of schools, green spaces and leisure facilities across the city, appealing to a broad tenant base including professionals and students.

Public transport in Hull is well served by regular bus routes across the city, with Hull Paragon Interchange acting as the main rail and bus hub.

From there, direct train services run to destinations such as Leeds, Sheffield, York and Manchester, with journey times from around one to two hours depending on the route.

Road links also connect easily to the A63 for travel towards the M62 and wider motorway network.

Overall, this four-bedroom terraced HMO house for sale in Hull presents a ready-made investment with established income and further potential when fully occupied.

Property is offered for sale through the Modern Method of Auction which is operated by iamsold Limited (T&C's and buyer fees apply). EPC rating: D.

Tenure: Freehold, Services   Mains gas, water, electricity and drainage are connected to the property.

Services, fittings & equipment referred to in these sale particulars have not been tested (unless otherwise stated) and no warranty can be given as to their condition.

Parking   Parking is available on-street only Heating   The property has the benefit of a gas fired central heating system (not tested). Tenure   The property is freehold.

Local Authority   Council Tax is payable to the Hull City Council Council.

The property is shown in the Council Tax Property Bandings List in Valuation Band A Floor plan   Whilst every effort has been made to ensure the accuracy of the floor plan contained here, measurements of doors, windows, rooms and any other items are approximate and no responsibility is taken for any error, omission or mis-statement.

This plan is for illustrative purposes only. Mortgages   We are pleased to work with 'Green & Green Mortgages, who provide Northwood clients with expert independent mortgage advice.

With access to thousands of mortgages, including exclusive deals that are not available on the high street, the team of agents provide award-winning advice that is tailored to your individual circumstances.

Green & Green Mortgages can help you to find the right mortgage product for you and help with your application every step of the way.

We have a dedicated Mortgage advisor who can offer telephone appointments to discuss your individual needs at a time to suit you.

Note: Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it. Valuation/Appraisal   A market appraisal is a great way to start your property journey.

You can find out what your property is worth with a virtual or face to face appointment in your home. If you’re thinking of making a move, we would love to hear from you.

Call our sales team on to book your free, no obligation market appraisal now!

Agents Notes   The property is currently being used as a House in Multiple Occupation (HMO) and offers an opportunity for an investor seeking to enhance and add value.

Purchasers should be aware that investment and improvement works will be required.

Buyers are advised to undertake their own due diligence regarding HMO licensing, fire safety, compliance and all regulatory requirements applicable to their intended use.

Please contact the selling agent for further information.

HMO Utilities   The following bill are included within the monthly rental payment: Gas Electric Water Council Tax Broadband Auctioneers Notes 1   This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.

Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack.

The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT.

This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.

Auctioneers Notes 2   Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken.

Payment varies but will be no more than £450. These services are optional.