Westcott Street, Hull, East Riding Of Yorkshire, HU8

Listed 21 Oct 2026 · Hull
32 Peel Street, Hull, HU3 FIVE-BEDROOM HMO – FULLY TENANTED – IMMEDIATE RENTAL INCOME Asking Price: £165,000 An excellent investment opportunity offering an attractive potential gross rental yield of approximately 12.7%–14.5%. Situated in the popular HU3 area of Hull, this well-presented five-bedroom House in Multiple Occupation (HMO) offers investors the opportunity to acquire an established rental property with tenants already in situ, providing immediate rental income upon completion. The property has successfully operated as an HMO for approximately 10 years and is located in an established rental area, conveniently positioned for Hull city centre, local amenities, transport links and educational facilities. Potential Rental Income Based on rental income of £350–£400 per room per calendar month: Monthly rental income: £1,750–£2,000 Annual rental income: £21,000–£24,000 Potential gross rental yield: 12.7%–14.5% Figures are based on all five rooms being occupied at the stated rental rates and an asking price of £165,000. Gross yields are calculated before running costs, maintenance, management fees, void periods and other expenses. Key Investment Features
Five-bedroom HMO Fully tenanted and sold with tenants in situ Immediate rental income upon completion Established HMO operating for approximately 10 years HMO licence in place Attractive potential gross rental yield Popular and established HU3 rental location
Well-presented accommodation throughout Excellent addition to an investment portfolio Important Information The property holds an HMO licence; however, HMO planning permission is not in place. Prospective purchasers are advised to undertake their own enquiries regarding planning status and permitted use. Calling All Investors and Landlords! Looking for your next income-generating investment? With tenants already in place, an established rental history and attractive potential returns, 32 Peel Street could be the investment opportunity you've been waiting for!
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Median sold prices in HU3 over the last 12 months: terraced £110k · semi-detached £170k · flat £55k · detached £241k.
| Address | Type | Sold | Price |
|---|---|---|---|
| 45 Peel Street Hull HU3 1QR | Terraced Freehold | 22 Aug 2025 | £90,000 |
| 12 Peel Street Hull HU3 1QR | Terraced Freehold | 25 Jun 2025 | £162,500 |
| 14 Peel Street Hull HU3 1QR | Terraced Freehold | 5 Aug 2024 | £127,000 |
Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in HU3
Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.
Listed by eXp UK, Yorkshire and The Humber on Rightmove (original listing). First listed 21 Oct 2026; details checked 7 Nov 2026. Latest change: added on 21/10/2026.
Disclaimer - Property reference S1897018. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by eXp UK, Yorkshire and The Humber. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.


