- 2024/25 Academic Year Rent: £100 per person per week +
- Letting Period: 48 weeks +
- Fully Let Income Potential: £19,200 per annum +
- Current Actual Rent (2 Tenants): £9,600 +
- Gross Yield on Full Occupancy: 13.71% (Based on £140,000 asking price) +
4-Bed Student HMO – Newly Refurbished – High-Yield Potential Near University
A fantastic opportunity to purchase a newly refurbished 4-bedroom student HMO located just a short walk from the University of Hull and the ever-popular Newland Avenue. This spacious terraced home is perfect for student living, featuring a large communal space and generously sized bedrooms – all set up for academic success and comfortable living.
The property was fully let at £100 pppw for the 2024/25 academic year, but currently has only two tenants remaining and is not yet let for 2025/26, offering flexibility for the next owner to increase rent, reconfigure, or re-let.
2024/25 Academic Year
Original Rent: £100 per person per week
Letting Period: 48 weeks
Fully Let Income Potential: £19,200 per annum
Current Actual Rent (2 Tenants): £9,600
Gross Yield on Full Occupancy: 13.71% (Based on £140,000 asking price)
Note: Property is not yet let for 2025/26, providing scope for future rental increases or alternative letting strategies.
With recent upgrades and strong potential for rental income, 47 Ventnor Street is an ideal option for landlords or investors looking to secure a solid student asset in one of Hull’s most consistent rental areas. There's immediate income from the current tenancy, and the opportunity to maximise returns from 2025/26 onwards.