Summary - 17 QUEENSGATE STREET HULL HU3 2TT
5 bed 2 bath House of Multiple Occupation
**Highlights:**
- 5-bedroom Victorian terraced house, currently functioning as a House of Multiple Occupation (HMO)
- Annual gross rental income of £19,764 with long-term tenants in place
- Garden ground space and excellent transport links
- Strong opportunity for serious investors and developers
- Freehold tenure with investment potential and long-term rental appeal
- Located in an area with high demand for private renting
This charming Victorian terrace house in Hull is an ideal investment opportunity for serious buyers seeking a reliable rental income. With five reasonably sized bedrooms and spacious shared living areas, this property is designed for comfortable HMO living. It boasts a garden space, perfect for outdoor relaxation, and provides excellent transport links to the city's amenities.
Currently producing a gross annual income of £19,764, this freehold property already has long-term tenants in place, ensuring immediate returns on your investment. However, potential buyers should note the area's higher-than-average crime rate and general deprivation levels, which could impact desirability in the long term. The property is situated amongst local schools rated Good by Ofsted, enhancing its appeal to families.
Seize this chance to expand your property portfolio and capitalize on the growing rental market. Properties like this are in high demand—don’t wait to explore its full investment potential!
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