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Hessle Road

Hull, Yorkshire

£230,000

  • 6 bedroom HMO property
  • 3 shared bathrooms
  • Current net yield: 9.17%
  • Immediate income on completion
  • Strong rental income: £3,2,396.33pcm
  • HMO licence in place
  • Not in an article 4 direction zone

    For more information please contact our team:

    0161 337 3890

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    Hull, Yorkshire

    6 Bedroom HMO | £230,000 | 9.17% Net Yield
    The Property
    The end-terrace property provides six bedrooms, three bathrooms, a fitted communal kitchen and a conservatory offering shared space for residents.
    Previously marketed as freehold, the accommodation offers a practical arrangement for shared living, with a mix of bedroom sizes and communal facilities.
    Location
    Positioned on Hessle Road in west Hull, the property benefits from access to local shops, everyday amenities and bus connections.
    The location provides access towards Hull city centre and employment areas, while the A63 and onward M62 links support regional travel. Hull Paragon Interchange offers rail connections to destinations including London, Leeds and Manchester.
    Current Rental Schedule
    Total gross rental income: £2,396.33 monthly average | £28,756 annually
    Running Costs
    Total listed running costs: £638.50 per month | £7,662 annually
    Investment Highlights

    Return on Capital Employed (ROCE) Calculator

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    Property Price

    Mortgaged

    Cash Purchase

    Deposit

    £0.00

    25%

    £230,000.00

    Sourcing Fees

    £3,000.00

    £3,000.00

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    Property Rent

    Rental Per Month

    £2,396.33

    £2,396.33

    Rental Income PA

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    £28,755.96

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