Summary -
48 CORMORANT CLOSE,KINGSTON UPON HULL,HU7 4SP
HU7 4SP
3 bed 2 bath End of Terrace
Ready-made rental with room to add value through targeted updating.
Private driveway parking and private rear garden
Freehold 3-bed, 2-bath, approx. 1,216 sq ft
Long-term tenant in situ; tenant intends to remain
Annual gross rent £6,900 — gross yield ≈ 7.1%
Buyers Premium applies on sale — budget accordingly
Area classified very deprived; renting hard-pressed workers
Average local crime; will influence management/resale
Potential for refurbishment to increase rent/value
This three-bedroom end-of-terrace presents a clear buy-to-let opportunity in HU7, offering immediate income with a long-term tenant in situ. At 1,216 sq ft across a traditional two-storey layout, the freehold property includes two bathrooms, a private rear garden and off-street driveway parking — features that support steady rental demand.
Financially the property produces an annual gross income of £6,900 against a £97,000 price, giving a strong gross yield around 7.1%. For an investor seeking an income-producing asset, the existing tenancy and consistent rent payments reduce short-term void risk and simplify cashflow planning. The size and layout also offer modest refurbishment potential to increase future rent or capital value.
Notable negatives are factual and important to weigh: the wider area is classified as very deprived and “renting hard‑pressed workers,” with average local crime. The sale includes a Buyers Premium to secure the property, and the current tenants intend to remain, which means the buyer should not expect vacant possession on completion. These factors will affect exit strategy, management approach and potential resale timing.
Overall this is a practical investment for buyers prepared to manage a long-term let in a challenging neighbourhood. It suits portfolio investors or developers seeking a straightforward, income-generating home with scope for value uplift through targeted refurbishment.
3 bedroom terraced house for sale in Grafton Street, Hull, HU5 — £79,000 • 3 bed • 1 bath • 969 ft²
2 bedroom terraced house for sale in Avenue Crescent, Albemarle Street, Hull, East Riding Of Yorkshire, HU3 — £60,000 • 2 bed • 1 bath • 710 ft²
2 bedroom end of terrace house for sale in Griffin Road, Hull, HU9 — £120,000 • 2 bed • 3 bath • 764 ft²
3 bedroom end of terrace house for sale in Summergangs Road, Hull, HU8 — £132,500 • 3 bed • 1 bath • 10893 ft²
3 bedroom semi-detached house for sale in Sapphire Grove, Hull, HU3 — £117,500 • 3 bed • 1 bath • 915 ft²
2 bedroom terraced house for sale in Chatham Street, Hull, East Riding Of Yorkshire, HU3 — £59,000 • 2 bed • 1 bath • 667 ft²
