Summary - 5 LANARK STREET HULL HU5 3NN
2 bed 1 bath Terraced
Immediate income from a tidy two-bedroom terrace near the city centre.
7.9% gross rental yield with tenant in situ since 2020
A compact Victorian mid-terrace offered as a hands-off investment with an established long-term tenant. The property is let since 2020 at £575 pcm, delivering a 7.9% gross rental yield and immediate income for a buyer seeking predictable cashflow. Freehold tenure and low council tax band A help keep running costs down.
The home is well presented and practical: traditional living room with fireplace, an efficient kitchen/diner, ground-floor bathroom and two first-floor bedrooms (master with built-in storage). Externally both front and rear are low-maintenance paved areas, suiting a buy-to-let profile where gardens are not a selling point.
Known limitations are straightforward and important to factor in. The house is small (approx. 531 sq ft) and sits in a deprived ward — this affects capital-growth prospects and tenant pool. Walls are original solid brick with assumed no cavity insulation and the property will benefit from energy upgrades for long-term value. Broadband and service details vary locally, so check actual speeds for a specific tenancy requirement.
This is best suited to investors wanting a turnkey income stream rather than owner-occupiers seeking large living space or high-growth neighbourhoods. The low maintenance layout and established tenant make it a low-effort addition to a rental portfolio, though purchasers should budget for periodic upgrades and energy-efficiency improvements over time.
2 bedroom terraced house for sale in Gloucester Street, Hull, HU4 — £70,000 • 2 bed • 1 bath • 696 ft²
2 bedroom end of terrace house for sale in 1 St. Georges Avenue, HU3 — £90,000 • 2 bed • 1 bath • 668 ft²
2 bedroom terraced house for sale in Cranbourne Avenue, Hull, HU5 — £70,000 • 2 bed • 1 bath • 629 ft²
3 bedroom house for sale in Dorset Street, Hull, HU4 — £95,000 • 3 bed • 1 bath • 948 ft²
2 bedroom terraced house for sale in Ferndale, Redcar Street, HU8 — £70,000 • 2 bed • 1 bath • 531 ft²
2 bedroom end of terrace house for sale in Welbeck Street, Hull, HU5 — £90,000 • 2 bed • 1 bath • 840 ft²
