Summary - 25 QUEENSGATE STREET HULL HU3 2TT
5 bed 2 bath House of Multiple Occupation
**Standout Features:**
- 5-bedroom mid-terraced House of Multiple Occupation (HMO)
- Freehold tenure with long-term tenants in place
- Generates an annual gross income of £22,104
- Spacious rooms with potential for renovation and improvement
- Garden ground space
- Ideal transport links with essential amenities nearby
- Victorian architecture with period features
**Concerns:**
- Mold potential in kitchen area noted
- Property is in a high-crime area
- Area classification suggests high demand but also high deprivation
**Summary:**
This traditional Victorian terraced house located in Hull presents an excellent buy-to-let investment opportunity, especially appealing to serious investors and developers. Currently operating as a House of Multiple Occupation (HMO), it boasts five spacious bedrooms and generates an attractive annual income of £22,104, ensured by reliable long-term tenants. The property features charming period elements and a small garden space, perfect for outdoor enjoyment.
Situated in a vibrant, urban setting, this HMO is conveniently located close to local amenities and transport links, enhancing its appeal for prospective tenants. While the property may need some work, including attention to potential mold in the kitchen, its investment potential is substantial. With a price of £180,000, this property could be a rewarding addition to your investment portfolio, promising future returns in a high-demand rental market. Don't miss this unique opportunity to secure a valuable asset in Hull's real estate landscape!
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