Lambert Street, Hull
By Tulip Investment Sales
£ 175,000
Reviews
2 out of 5 stars
Tulip Investment Sales says ..
Exceptional Investment Opportunity This fully licensed 6-bedroom HMO with an established Certificate of Lawful Use (CLU) offers a standout investment opportunity in Hull’s Article 4 area. With all necessary compliance in place, this property presents a hassle-free, income-generating asse...
Property Oracle says ..
This 6-bedroom, 2-bathroom property located on Lambert Street, Hull, is presented as an investment opportunity. The listing emphasizes its suitability as an HMO (House of Multiple Occupation), suggesting that rental income is a primary consideration for potential buyers. The property’s location offers good access to amenities and schools on nearby Newland Avenue and Beverley Road, making it convenient for renters. The interior is generally presentable, with a recently updated kitchen and modern flooring, although the general decor could be improved. The photos show minimally furnished rooms, meaning potential buyers would need to factor in costs for furnishing should they intend to market the property as a more attractive residential dwelling. The absence of a garden is a notable drawback. The listing price of £175,000 requires more detailed scrutiny. A review of similar nearby properties with comparable sqft data would be needed to give a more definitive view of its value, alongside an accurate assessment of both the current and potential rental yields. Overall, this property presents itself as a viable investment option for those seeking rental income. However, potential buyers should conduct a comprehensive survey and thorough analysis of the rental market before making a purchase decision.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 6
- Bathrooms
- 2
- Sqft (est)
- 493.79
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 136,095.00 £Increased by 6.30 %
- Est sale value
- 90,363.57 £Increased by 25.34 %
- Average area rental value
- 697.00 £/moIncreased by 17.74 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 6.15 %Increased by 10.81 %
- Crime Rate
- 9.00 %Unchanged by 0.00 %
Agent Activity
Tulip Investment Sales marked this listing as sold.
Tulip Investment Sales created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Vincent'S Voluntary Catholic Academy | Academy Sponsor Led | Good | 0.31 KM |
| Lambert Children'S Centre | Children's Centre Linked Site | 0.32 KM | |
| St Nicholas Primary School | Academy Converter | Good | 0.82 KM |
| Stepney Primary School | Academy Converter | Good | 0.86 KM |
| Newland St John'S Church Of England Academy | Academy Converter | Good | 0.89 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Beaconsfield Street | £ 0 | 0 | 0.00 KM |
| Princes Road | £ 0 | 0 | 0.00 KM |
| Eldon Grove | £ 119,950 | 0 | 0.00 KM |
| Newland Avenue | £ 0 | 0 | 0.00 KM |
| Bethnal Green | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Hull | 8126 | HUL | 2.39 KM |
| Cottingham | 8056 | CGM | 6.03 KM |
| New Holland | 6209 | NHL | 6.88 KM |
| Barrow Haven | 6212 | BAV | 8.47 KM |
| Goxhill | 6206 | GOX | 9.87 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Lambert Street, Hull | £ 175,000 | BUY | 5 / 10 | 0.00 KM |
| Grafton Street, Hull | £ 95,000 | BUY | 5 / 10 | 0.05 KM |
| Lambert Street, Hull, East Riding Of Yorkshire, HU5 2SJ | £ 105,000 | BUY | 5 / 10 | 0.07 KM |
| Lambert Street, Hull | £ 115,000 | BUY | 5 / 10 | 0.10 KM |
| Lambert Street, Hull, HU5 | £ 199,500 | BUY | Unknown | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 66 Lambert Street | £ 120,000 | 0.10 KM |
| Rear Of 64 Lambert Street | £ 68,000 | 0.10 KM |
| 58 Lambert Street | £ 29,750 | 0.10 KM |
| 99 Lambert Street | £ 92,000 | 0.10 KM |
| 95 Lambert Street | £ 107,000 | 0.10 KM |