Refurbished three-bedroom property with immediate rental income and upgrade potential.
- Three double bedrooms, average internal size
- Recently refurbished; photos from 2020 show modern finishes
- Tenant in situ paying £850 pcm (approx. 7.6% gross yield)
- Freehold; EPC current D with potential to B
- Small rear yard; limited outdoor amenity
- Solid brick walls assumed uninsulated; insulation recommended
- Double glazing installed before 2002; replacement may improve efficiency
- Located in a deprived inner-city area; resale growth may be constrained
A recently refurbished three-bedroom Victorian terrace offered freehold and ready for immediate letting or resale. The property is let at £850 pcm, producing a gross yield of about 7.6%, making it attractive to landlords seeking near-term income in the HU5 rental market. The interior shows contemporary finishes, a fitted kitchen and a modern bathroom — photos from the 2020 refurbishment confirm good presentation and low-maintenance living.
Practical positives include low flood risk, low crime, excellent mobile signal and fast broadband speeds — useful for tenants or short-term lettings. EPC currently D (58) with potential to B (84); some energy upgrades could both lower bills and increase capital value. The house is solid-brick Victorian construction with double glazing fitted before 2002 and mains gas central heating via boiler and radiators.
Be clear about material limitations: internal rooms are small-to-average and outdoor amenity is a small rear yard, which limits family appeal and larger Household requirements. The walls are original solid brick with assumed no cavity insulation — upgrading wall insulation would improve comfort and energy performance. The property sits in a deprived inner-city area; while crime is reported low locally, wider area deprivation may affect long-term capital growth compared with suburban locations.
Overall this is a turn-key, low-maintenance buy-to-let or first-time-purchase option that suits investors wanting immediate income and manageable upkeep, or buyers seeking a compact urban home. Energy improvements and modest upgrades offer clear scope to raise rent or resale value.