Fully let five-room HMO in a Victorian corner terrace — immediate income opportunity..
Fully let five-room HMO producing £2,300 pcm income
Freehold Victorian corner terrace with bay windows and high ceilings
Four bathrooms including ensuite — reduces tenant-sharing pressure
Spacious kitchen, separate living room and modern utility area
EPC rating E; double-glazed before 2002 — energy upgrades likely needed
Solid brick walls assumed uninsulated — potential insulation costs
Located in a very deprived area with high local crime rates
Small rear garden; compact plot and average overall size
This freehold, five-room HMO in Boulevard, Hull is offered fully let and producing £2,300 per month, presenting an immediate income stream for an investor. The property occupies a corner Victorian terrace with high ceilings, bay windows to the front and a low-maintenance rear garden — features that appeal to private-renting tenants.
Internally the house is described as in good condition with a spacious kitchen, dedicated living room and multiple shower/bathroom facilities (four bathrooms in total), reducing communal pressure and simplifying lettings. Modern appliances and contemporary finishes are already in place in the kitchen and utility, supporting tenant retention.
Material considerations: the property has an EPC rating E, double glazing fitted before 2002 and solid brick walls with assumed no insulation — further energy-efficiency works may be needed to improve running costs and compliance with future standards. The area is classified as very deprived with high local crime rates, which affects desirability for some tenant types but also underpins steady demand in this private-renting neighbourhood.
Overall this is a hands-on HMO investment: good current occupancy and rental income, period features that attract tenants, and clear opportunities for value uplift through energy and interior improvements. Buyers should verify tenancy documentation, HMO compliance, and planned upgrade costs before purchase.
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