- Two Separate properties on one title +
- 240 Square meters of floor space +
- 9 en-suite bedrooms in total +
- No Onward Chain & Vacant Possession +
- Unlicensed HMO +
- Property sits within the article 4 area +
- Ideal for serviced accommodation +
- Great location close to the City Centre & Train Station +
- Close to all local amenities such as supermarkets, cafes & Hull Royal Infirmary +
- *Buyer's Premium Applies +
This unique investment opportunity on Coltman Street is a compelling option for those looking to invest in Hull's property market. With two separate properties on one title, it boasts 9 en-suite bedrooms in addition to two modern communal kitchens spread across 240 square meters of floor space. The property is unlicensed as an HMO and sits within the Article 4 area, making it suitable for serviced accommodation.
Since 2019 until recently the property has been utilised as a 9 bedroom HMO with a local housing association. The property would be ideal to be used in a similar type of arrangement. Evidence of this type of usage may also be used as supporting evidence in attempting to obtain the relevant planning permission for the property to be licensed as a HMO in the future, although this does not guarantee that a HMO can or will be granted by the local authority.
The location is highly convenient, being close to the city centre and train station. Residents will find all local amenities within easy reach, including supermarkets, cafes, and Hull Royal Infirmary. This area offers a vibrant community atmosphere with plenty of opportunities for social and cultural activities.
The property is offered with no onward chain and vacant possession, allowing for a straight forward acquisition process without any onward complications. Don't miss out on this prime investment opportunity. Call us now to arrange a viewing.
*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.