1 /16
£200,000
Peel Street, Hull, HU3
- 5 beds
£200,000
- 5 beds
Get Buyer Passport
Buyer Passport helps you access new properties hitting the market including off market properties while getting you ahead of the game and making you purchase ready. Follow an easy step by step guide on how to purchase and stand out from other buyers.
Get a privileged access with Buyer Passport
- Instantly access new properties
- Access off-market properties
- Stand out from other buyers
Buy with a mortgage
Estimate monthly mortgage payment:
£913 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£10,000
Share
Get a privileged access with Buyer Passport
- Instantly access new properties
- Access off-market properties
- Stand out from other buyers
Introducing this exceptional investment opportunity located on Peel Street, HU3, a fully-tenanted HMO boasting five bedrooms.
With an annual rental income of £22,500 and potential for further rental growth, this property is a sound financial choice.
What sets it apart is its chain-free status and the presence of an HMO license, making it an attractive investment in an Article 4 area where future HMO availability will be limited.
The ground-floor layout features a spacious communal living area, a standard double room (Room 1), a communal WC, a well-appointed communal kitchen with cooking and washing facilities, and direct access to the rear garden.
On the first floor, you'll find Room 2 situated at the rear of the house, accompanied by a fully-equipped communal bathroom complete with a bath, shower, and toilet. An additional communal WC, Room 3 (another standard double room), and Room 4 (a double room with additional study space) complete this level.
Heading up to the second floor, you'll discover Room 5, a standard double room with extra study space, providing a comfortable living environment for tenants.
Rest assured, this property is fully furnished, ensuring a hassle-free experience for both landlords and tenants. All bills are included, encompassing gas, electricity, water, Wi-Fi, and council tax.
The average monthly gas and electric outgoings, as stated by the landlords, amount to £600. Please note that this is high usage as the incorrect thermostat was in the property and the heating was constantly on. This is now fixed and the monthly costing will begin to reduce.
Rental prices:
R1 - 370
R2 - 335
R3 - 370
R4 - 400
R5 - 400
Bills:
The council tax is 110.00
Broadband is 105.00 approx
Electric and gas combined is 500.00 to 600 hundred approx.
TV is 159.00 Annually
Water 50.00
House insurance allow £50.00
To secure this fantastic opportunity, the following documents are required: valid ID, proof of address, mortgage in principle (if applicable), and proof of funds.
Don't miss out on this remarkable investment prospect. Contact us today to arrange a viewing and explore its true potential.
Council Tax Band: A (Hull Council Tax)
Tenure: Freehold
With an annual rental income of £22,500 and potential for further rental growth, this property is a sound financial choice.
What sets it apart is its chain-free status and the presence of an HMO license, making it an attractive investment in an Article 4 area where future HMO availability will be limited.
The ground-floor layout features a spacious communal living area, a standard double room (Room 1), a communal WC, a well-appointed communal kitchen with cooking and washing facilities, and direct access to the rear garden.
On the first floor, you'll find Room 2 situated at the rear of the house, accompanied by a fully-equipped communal bathroom complete with a bath, shower, and toilet. An additional communal WC, Room 3 (another standard double room), and Room 4 (a double room with additional study space) complete this level.
Heading up to the second floor, you'll discover Room 5, a standard double room with extra study space, providing a comfortable living environment for tenants.
Rest assured, this property is fully furnished, ensuring a hassle-free experience for both landlords and tenants. All bills are included, encompassing gas, electricity, water, Wi-Fi, and council tax.
The average monthly gas and electric outgoings, as stated by the landlords, amount to £600. Please note that this is high usage as the incorrect thermostat was in the property and the heating was constantly on. This is now fixed and the monthly costing will begin to reduce.
Rental prices:
R1 - 370
R2 - 335
R3 - 370
R4 - 400
R5 - 400
Bills:
The council tax is 110.00
Broadband is 105.00 approx
Electric and gas combined is 500.00 to 600 hundred approx.
TV is 159.00 Annually
Water 50.00
House insurance allow £50.00
To secure this fantastic opportunity, the following documents are required: valid ID, proof of address, mortgage in principle (if applicable), and proof of funds.
Don't miss out on this remarkable investment prospect. Contact us today to arrange a viewing and explore its true potential.
Council Tax Band: A (Hull Council Tax)
Tenure: Freehold
Your estimated purchase costs
Find out how much it will cost to purchase this property.
Stamp Duty tax
These figures are estimates and are provided for guidance only
Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
HomeBuyer Service - Everything you need to purchase this property all in one place
- Mortgage advice and application
- Conveyancing fee
- Homebuyer protection insurance
Do you have property to sell or part exchange?
How can we help you today?
Find out what your
home is worth
Check instantly an estimated value of your homeFind the best
local agent
Compare local estate agents based on their performanceGet an Instant
cash offer
Get a cash offer for your property in under 48 hours
Area highlights
We’ve gathered data on the property locations to help you get-to-know the local area.
Things you should know
Some useful things about this property we think you should know
Create OneDome account
for a smooth and fast property purchase
- Get a step by step guide on how to purchase or sell a property
- Get an expert mortgage and legal help
- Find the best local agent to sell your property or get an instant cash offer
- Manage property viewings, valuations and alerts
- Get access to off-market properties Create account
Be the first to see the newest properties
Create an alert and we'll email you the latest properties that come to market which match your requirements.