Summary - 8 WASHINGTON STREET HULL HU5 1PL
4 bed 4 bath Terraced
High-yield four-bed HMO near Hull University — chain free, ready income..
- Four-bedroom, four-bathroom HMO layout, bedrooms each access a bathroom
- Approximate rental income £19,560 per annum
- Attractive yield around 13% based on guide price
- Falls below minimum size for HMO licensing (no licence required)
- Seller can provide evidence pre-dating Article 4 planning changes
- Small overall size; Victorian mid-terrace with solid brick walls
- Area rated very deprived with higher local crime rates
- Reservation Fee 2% (min £2,500 + VAT) payable on offer acceptance
A compact four-bedroom terraced HMO offering immediate rental income and strong yield in a student-focused area. The property currently produces approximately £19,560 per year, giving an attractive yield around 13%, and each bedroom has its own bathroom (non-ensuite), a practical layout for multiple tenants.
The house sits just off Beverley Road near Hull University and Newland Avenue’s shops, bars and amenities — a location that consistently appeals to students and young professionals. It is freehold, chain free and can be sold with vacant possession if required. The seller can provide evidence of the property’s HMO use pre-dating Article 4 planning changes; the unit also falls below the minimum size requirement for HMO licensing, so a formal HMO licence is not required.
Buyers should note material considerations: the overall size is small, walls are original solid brick with no assumed insulation, and the property sits in an area assessed as very deprived with a higher crime rate locally. There is a Reservation Fee (2% of purchase price, minimum £2,500 + VAT) payable on offer acceptance; buyers must check full terms and refund conditions and complete their own due diligence.
This is a clear investment proposition for a buyer seeking immediate rental returns and straightforward HMO income in a well-located student neighbourhood, but it suits those comfortable managing a compact, older-build property in a higher-deprivation area and willing to undertake any necessary updating or insulation work.
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