Property for sale in Lambton Street, Hull HU5

4 Bedroom HMO
Investment property

A fantastic opportunity to acquire a well-established HMO with documented historic use, located near the vibrant Newland Avenue area.

This well-maintained property is being sold as seen, with two of the four bedrooms recently renovated within the last 12 months.
It also benefits from a new boiler, fire doors, and an interlinked fire alarm system throughout, ensuring safety and compliance.

Property Layout

Ground Floor:
Entrance Hallway
Bedroom 1: 10.2m2
Spacious Living/Dining Room: 14.5m2
Fully Equipped Kitchen: 10.1m2
Bathroom with Shower Enclosure, WC, and Wash Basin

First Floor:
Bedroom 2: 15.3m2
Bedroom 3: 10.9m2
Bedroom 4: 6.6m2

External:
Low-maintenance yard
Utility Room: 4.3m2

Rental Information:

Room 1: £90 per week
Room 2: £90 per week
Room 3: £100 per week
Room 4: £65 per week

(All rents are inclusive of bills)

Total Weekly Rental Income: £345
Annual Rental Income: £17,940
Yield: 14.35%

This is a perfect investment for those looking for a high-yield property with minimal ongoing maintenance, situated in a sought-after rental area.