4 Bed HMO, Hull, HU5 1QJ £115,000

60 Clough Road, Hull - 16 views - 8 months ago
HMO
ROI: 19%
77 m²
Property image
Property image
Property image

ValuationOvervalued

Sold Prices£85K - £595K
Sold Prices/m²£599/m² - £3.1K/m²

 

 

Square Metres

77 m²
Price/m²£1.5K/m²

Value Estimate

£105,709

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£6,950

Total Cash In

£35,700

 

 

Cash Out

 

Room Rate

£428

Gross Rent

£1,712

Running Costs/mo

£1,132

Cashflow/mo

£580

Cashflow/yr

£6,961

ROI

19%

Gross Yield

18%

Local Sold Prices

40 sold prices from £85K to £595K, average is £250K. £599/m² to £3.1K/m², average is £1.7K/m².

Price
Date
Distance
Address
Beds
 
£255K04/230.21 mi4, The Rydales, Hull, City Of Kingston Upon Hull HU5 1QD4
£207K01/250.35 mi14, Philip Larkin Close, Hull HU6 7FB4
£135K10/210.36 mi25, Abbey Way, Hull, City Of Kingston Upon Hull HU5 1DA4
£120K11/220.36 mi1, Abbey Way, Hull, City Of Kingston Upon Hull HU5 1DA4
£135K04/230.36 mi12, Abbey Way, Hull, City Of Kingston Upon Hull HU5 1DA4
£130K06/210.36 mi43, Abbey Way, Hull, City Of Kingston Upon Hull HU5 1DA4
£226K09/220.37 mi4, Philip Larkin Close, Hull, City Of Kingston Upon Hull HU6 7FB4
£280K02/230.38 mi42, Philip Larkin Close, Hull, City Of Kingston Upon Hull HU6 7FB4
£250K09/210.38 mi26, Philip Larkin Close, Hull, City Of Kingston Upon Hull HU6 7FB4
£127.5K02/230.38 mi45, Abbey Way, Hull, City Of Kingston Upon Hull HU5 1DA4
£125K05/230.43 mi101, Grafton Street, Hull, City Of Kingston Upon Hull HU5 2NP4
£301K09/220.47 mi3, Catherine Mcauley Close, Hull, City Of Kingston Upon Hull HU6 7FD4
£126K10/210.49 mi106, Needlers Way, Hull, City Of Kingston Upon Hull HU5 1DD4
£318.2K03/230.49 mi42, Inglemire Lane, Hull, City Of Kingston Upon Hull HU6 7TA4
£312.5K10/240.49 mi4, Catherine Mcauley Close, Hull HU6 7FD4
£312.5K10/240.49 mi4, Catherine Mcauley Close, Hull HU6 7FD4
£123K09/210.5 mi51, Ventnor Street, Hull, Humberside HU5 2LR4
£160K04/240.52 mi3a, Edgecumbe Street, Hull HU5 2EU4
£315K07/230.52 mi22, St Anthonys Close, Hull, City Of Kingston Upon Hull HU6 7FE4
£340K04/230.6 mi722, Beverley Road, Hull, City Of Kingston Upon Hull HU6 7JG4
£395.5K02/230.61 mi701, Beverley Road, Hull, City Of Kingston Upon Hull HU6 7JN4
£300K12/220.67 mi136, Cottingham Road, Hull, City Of Kingston Upon Hull HU6 7RY4
£435.5K08/220.69 mi19, Newland Park, Hull, City Of Kingston Upon Hull HU5 2DN4
£500K03/230.69 mi41, Newland Park, Hull, City Of Kingston Upon Hull HU5 2DN4
£595K09/220.69 mi15, Newland Park, Hull, City Of Kingston Upon Hull HU5 2DN4
£85K07/210.79 mi53, Pendrill Street, Hull, City Of Kingston Upon Hull HU3 1UU4
£225K10/210.79 mi2, The Parade, Hull, City Of Kingston Upon Hull HU5 2UH4
£245K04/230.79 mi16, The Parade, Hull, City Of Kingston Upon Hull HU5 2UH4
£400K09/240.82 mi32, Newland Park, Hull, City Of Kingston Upon Hull HU5 2DW4
£430K03/230.85 mi74, Newland Park, Hull, City Of Kingston Upon Hull HU5 2DS4
£335K06/250.85 mi118, Victoria Avenue, Princes Avenue, Hull HU5 3DT4
£498K07/250.87 mi98, Newland Park, Hull HU5 2DU4
£295K05/230.87 mi49, Allderidge Avenue, Hull, City Of Kingston Upon Hull HU5 4EG4
£255K08/210.89 mi2, Allderidge Avenue, Hull, City Of Kingston Upon Hull HU5 4EQ4
£250K09/210.89 mi83, Salisbury Street, Hull, City Of Kingston Upon Hull HU5 3DU4
£130K02/250.91 mi92, Park Grove, Princes Avenue, Hull HU5 2US4
£230K03/250.96 mi16, Oxford Violet, Hull HU7 4WG4
£230K03/250.96 mi16, Oxford Violet, Hull HU7 4WG4
£92K11/230.98 mi4, Grange Close, Hull HU2 0AT4
£162.5K04/230.99 mi36, Lorne Close, Hull HU2 0AJ4

Local Area Statistics

Population in HU5

51,120

Population in Hull

313,622

Town centre distance

0.54 miles away

Nearest school

0.20 miles away

Nearest train station

1.70 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+31%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £115,000

March 13, 2025

Floor Plans

Property image

Description

  • Investment property +
  • £25,540 gross income pa +
  • Yield 17.86% +
  • Currently Let to a family +
  • Reliable tenants in place under a periodic AST tenancy since October 2020. +
  • Bills Inclusive Rent – Tenants pay £395 per week, providing consistent returns. +
  • Turnkey Investment – Immediate income with tenants already in place. +

High-Yield Investment Property – Clough Road, Hull
16.32% Gross Yield | £20,540 Annual Rental Income | Fully Let to Working Tenants

An exceptional turnkey investment opportunity in Hull! This mid-terraced property is fully tenanted, generating an impressive rental return. With long-term, working tenants in place under a standard AST tenancy (periodic) since October 2020, this is a hassle-free investment with immediate income.

Property Features:
Spacious & Well-Laid Out Accommodation
Fully Let to Working Professionals – Reliable Rental Income
Strong Rental History Since 2020
Small Garden – Low Maintenance

Layout:
Ground Floor:
- Entrance Hall
- Modern Kitchen
- Rear Utility Room
- Comfortable Living Room
- Bedroom 1
- Small Garden
First Floor:
- Bedroom 2
- Bedroom 3
- Bedroom 4
- Bathroom

Investment Breakdown:
- Weekly Rent: £395 (Bills Inclusive)
- Annual Rental Income: £20,540
- Gross Yield: 16.32% – Excellent Return!

This property offers a high-yield, low-risk investment in a sought-after rental location. Whether you're expanding your portfolio or securing your first HMO investment, this is an opportunity not to be missed!

For further details or to arrange a viewing, contact:

Invest Smart. Invest in Hull.

Agent Details

Tulip, Hull

01482 251832

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪