Summary - 13 John Street, HULL HU2 8DH
13 bed 13 bath House Share
Freehold, fully tenanted 13-bedroom HMO with strong reported yield in central Hull — investor opportunity.
Freehold HMO: 13 en-suite letting rooms, two kitchens, two receptions
Reported gross income circa £62,000 pa (vendor-supplied figure)
Estimated headline yield approximately 13.5% at asking price
Fully tenanted — immediate income potential (verify tenancies and rents)
Recently refurbished to lettable standard; rooms generally small
High local crime and very deprived area — higher management risk
On-street parking only; small plot and terraced street outlook
A purpose-built, freehold HMO in central Kingston upon Hull, configured as thirteen ensuite letting rooms with two communal kitchens and two reception areas. The property is fully tenanted and reported to produce approximately £62,000 gross per year, indicating a headline yield near 13.5% at the asking price. Furnished rooms with individual fridges, TVs, Wi‑Fi and intercoms support immediate rental income for an investor buyer.
The building has been presented to a lettable standard with modern communal kitchens and shower rooms, making it suitable for professional sharers or students. Room sizes are generally small to average for inner-city HMOs, so the asset performs as a lettable-income vehicle rather than family accommodation. Street-facing terraced location offers on-street parking only and a compact plot footprint.
Buyers should note material negatives plainly: the property sits in a very deprived area with high recorded crime and a constrained neighbourhood classification. These local factors can affect tenant mix, management costs and resale prospects. All figures and tenancy details are vendor-supplied — purchasers must verify tenancy agreements, licences, HMO compliance, safety certificates and income before exchange.
For an experienced investor this is a hands-on income opportunity: strong reported yield and immediate cashflow balanced against higher management, maintenance and void risk in a central, high-deprivation location. Consider budgeting for ongoing management, regular compliance checks and a robust tenant screening strategy.
5 bedroom terraced house for sale in Sherburn Street, Hull, HU9 — £260,000 • 5 bed • 5 bath • 1324 ft²
6 bedroom terraced house for sale in Hutt Street, Hull, HU3 — £225,000 • 6 bed • 3 bath • 1233 ft²
5 bedroom terraced house for sale in Chomley Street, HU3, Hull, HU3 — £155,000 • 5 bed • 3 bath • 1399 ft²
3 bedroom house share for sale in Raglan Street, Hull, HU5 — £115,000 • 3 bed • 1 bath • 527 ft²
5 bedroom house share for sale in Ryde Street, Hull, HU5 — £185,000 • 5 bed • 2 bath • 1453 ft²
5 bedroom terraced house for sale in Boulevard, Hull, HU3 2UD, HU3 — £170,000 • 5 bed • 4 bath • 1600 ft²
