Grey Street, Hull HU2

Property Details: - Type: House of multiple occupation - Bedrooms: 6 - Bathrooms: 6

Agent: Town & Country Property Auctions - Yorkshire Phone: 0113 482 5685

<b>Guide Price £200,000 * Plus 5% Buyers Premium + VAT<br/>For sale by unconditional online auction.<br/><br/></b><br/><br/>Register now. Bidding opens 26/08/2026 10:00 and the auction ends at 26/08/2026 13:35.<br/><br/>To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk <br/><br/>6 Bedroom HMO<br/><br/>This HMO comprises six well sized bedrooms, each benefiting from its own en-suite shower room, making it an ideal investment for landlords seeking strong rental yields with minimal void periods. When fully occupied, the property generates an income of £37,140 per annum.<br/><br/>The property is accessed via both front and back doors, offering flexibility and privacy for tenants coming and going at different times. At the heart of the home is a generously sized, fully equipped communal kitchen and living area fitted with a full range of appliances and furnished with a TV and comfortable seating. Each of the six bedrooms is a generous double room, fitted with a double bed, and benefits from its own private en-suite. The majority of en-suites feature a shower suite, while a number of rooms benefit from a shower-over-bath suite.<br/><br/>Currently fully occupied with an income breakdown as follows : <br/>Room 1. £545 pcm<br/>Room 2. £535 pcm<br/>Room 3. £480 pcm<br/>Room 4. £535 pcm<br/>Room 5. £550 pcm<br/>Room 6. £550pcm<br/><br/>Situated on Grey Street in the heart of Hull city centre, this property benefits from an enviable position close to Hull's main retail and transport hub, with the St Stephens Shopping Centre and Hull Paragon Interchange (train and bus station) both within easy walking distance on Ferensway, home to major retailers. The central location gives tenants direct access to shopping, employment, and public transport links, which is highly attractive to HMO occupiers such as young professionals and commuting workers.<br/><br/><b>UNCONDITIONAL LOT</b> Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).<br/><br/><b>Pre Auction Offers Are Considered</b><br/>The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.<br/><br/><b>Special Conditions</b><br/>Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.<br/><br/><b>Admin Fee</b>