5 bed property for sale

Peel Street, Hull HU3

63 Peel Street, Hull, HU3 1QS

Asking Price: £220,000

Fully Licensed Five-Bedroom HMO | Article 4 clu in Place | £28,332 Annual Income | 12.9% Gross Yield

Tulip Investment Sales are delighted to present this fully licensed five-bedroom HMO investment opportunity situated in a popular and established residential area of Hull.

The property benefits from a Certificate of Lawful Use confirming its established HMO use within Hull’s Article 4 area, providing planning assurance for prospective investors.

The accommodation provides five spacious bedrooms, two of which have private en-suite facilities. The remaining three bedrooms are served by a communal bathroom. There is also a shared kitchen and communal accommodation suitable for professional tenants.

The property is currently fully occupied by working professionals and produces a gross rental income of £28,332 per annum. Based on the asking price of £220,000, this represents an attractive gross yield of approximately 12.9%.

The layout has been designed for the modern professional house-share market, offering a practical combination of private facilities, shared living space and convenient access to local amenities and transport links. Its proven rental performance and established occupancy make it a ready-made investment for landlords seeking immediate income.

Externally, the property benefits from an enclosed rear garden, providing tenants with a useful outdoor space not always available with comparable HMO properties.

The property is conveniently located for Hull city centre, Hull Royal Infirmary, local shops, public transport routes and several major employment areas. The location continues to attract strong demand from professional tenants and supports consistent occupancy.

This is an opportunity to acquire an established income-producing HMO with a strong yield, Article 4 clu in place, good tenant facilities and long-term investment potential.