Fully let, licensed 5-bed HMO near Hull University with strong immediate income..
Fully licensed 5-bedroom HMO generating £27,270pa (approx. 18.18% gross yield)
A fully licensed 5-bedroom HMO on Beverley Road, offered as a turnkey investment with immediate income. The property is Article 4 compliant with a Certificate of Lawful Use and is currently fully let, producing an annual rental income of £27,270 (gross yield approx. 18.18%). Its location within walking distance of Hull University and local amenities sustains steady tenant demand from students and young professionals.
Accommodation is arranged over multiple floors with five bedrooms, shared living and kitchen facilities, and one communal bathroom. The Victorian end-terrace has traditional red-brick character and double glazing (installed before 2002). Heating is by mains-gas boiler and radiators; walls are solid brick (no added insulation assumed).
This is a practical, income-focused purchase: freehold tenure, fast broadband locally, and very low council tax. Notable negatives include a single bathroom for five tenants, older glazing and likely limited wall insulation, and the property sits in a high-crime area which can affect management and insurance costs. A non-refundable Reservation Fee of 2% (minimum £2,500 plus VAT) is payable on offer acceptance and is payable in addition to the purchase price — terms and limited refund scenarios apply.
Suitable for investors seeking an immediate HMO income stream in a popular student and professional area. Buyers should review the Ready Sale Pack and complete due diligence, including a full survey and verification of HMO compliance and insurance implications before committing.
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