Boulevard, Hull, HU3

Presenting a substantial investment opportunity, this fully licenced 12-bedroom House of Multiple Occupation (HMO) offers an impressive blend of modern convenience and robust rental returns. Spanning an expansive 438 square metres, the property has been thoughtfully configured to maximise both comfort and income potential.

Currently there are only 4 rooms occupied due to a combination of ongoing maintenance issues and transition in management (both of which are being rectified currently) the property upon maximum occupancy has the potential to achieve a strong monthly rental income of £6,760 and a projected ROI of 12.5%. Each of the twelve bedrooms features a contemporary en-suite shower room, ensuring privacy and practicality for residents. The accommodation is further enhanced by two well-equipped communal kitchens, ideal for shared living, and a dedicated laundry room for added convenience.

The property’s layout and finish have been designed with both durability and tenant satisfaction in mind, reflecting a high standard throughout. Located in a prime position close to Hull City Centre, this property is ideally placed for access to local amenities, transport links, and employment hubs, making it particularly attractive to professionals and students alike. An EPC rating of D provides further reassurance regarding energy efficiency.

Externally, the property benefits from a private residents’ car park situated to the rear, accessed via secure gated entry. This valuable amenity offers peace of mind and convenience for tenants, a significant advantage in a central urban setting where parking is often at a premium. The secure car park not only enhances the overall appeal of the property for current and prospective tenants but also supports strong occupancy rates. The outdoor space is well-maintained and thoughtfully arranged to maximise functionality, providing residents with easy and safe access to their vehicles. This combination of generous internal accommodation and practical outside space ensures the property stands out as a well-rounded and highly desirable investment opportunity in one of Hull’s most sought-after locations.

*A buyer's premium of 1% + VAT, (subject to a minimum of £2995 + VAT) of the agreed sale fee applies to this property. 25% of the total fee (a minimum of £995 + VAT) must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see the 'Buyer's Premium' page on our website for more information.