32, Peel Street, Hull, HU3 1QR

32 Peel Street, Hull, HU3 five-bedroom HMO – fully tenanted – immediate rental income Asking Price: £165,000 An excellent investment opportunity offering an attractive potential gross rental yield of approximately 12.7%–14.5%.

Situated in the popular HU3 area of Hull, this well-presented five-bedroom House in Multiple Occupation (HMO) offers investors the opportunity to acquire an established rental property with tenants already in situ, providing immediate rental income upon completion.

The property has successfully operated as an HMO for approximately 10 years and is located in an established rental area, conveniently positioned for Hull city centre, local amenities, transport links and educational facilities.

Potential Rental Income Based on rental income of £350–£400 per room per calendar month: Monthly rental income: £1,750–£2,000 Annual rental income: £21,000–£24,000 Potential gross rental yield: 12.7%–14.5% Figures are based on all five rooms being occupied at the stated rental rates and an asking price of £165,000.

Gross yields are calculated before running costs, maintenance, management fees, void periods and other expenses.

Key Investment Features Five-bedroom HMO Fully tenanted and sold with tenants in situ Immediate rental income upon completion Established HMO operating for approximately 10 years HMO licence in place Attractive potential gross rental yield Popular and established HU3 rental location Well-presented accommodation throughout Excellent addition to an investment portfolio Important Information The property holds an HMO licence; however, HMO planning permission is not in place.

Prospective purchasers are advised to undertake their own enquiries regarding planning status and permitted use. Calling All Investors and Landlords!

Looking for your next income-generating investment?

With tenants already in place, an established rental history and attractive potential returns, 32 Peel Street could be the investment opportunity you've been waiting for!