40 Raglan Street, Hull HU5 2JF

40 Raglan Street, Hull, HU5 2JF

Houses - Hull

++ Attention investors – 13.46% gross yield ++ Fully let to students with three letting rooms, neat and well-maintained end-of-terrace period property is fully let to students and currently achieving £107.50 per week per bedroom across three letting rooms. Based on a 48-week academic year, this produces a gross annual income of £15,480 ++

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40 Raglan Street, , Hull, HU5 2JF

Attention investors, this is a ready-made addition to your portfolio that is already generating income. This neat and well-maintained end-of-terrace period property is fully let to students and currently achieving £107.50 per week per bedroom across three letting rooms. Based on a 48-week academic year, this produces a gross annual income of £15,480. Based on a purchase price of £115,000, this represents a potential gross yield of approximately 13.46% gross yield calculated on a 48-week annual let. With tenants already in situ, there are no void periods and no initial set-up concerns, just immediate income from day one.

The property is positioned close to the vibrant heart of the Newland Avenue area, one of the city’s most established and reliable student rental locations. Known for its independent cafés, bars, shops and lively atmosphere, the area consistently attracts strong demand from students and young professionals alike. The University of Hull and the city centre are both within easy reach, reinforcing its long-term letting appeal.

Internally, the accommodation is well-proportioned and ideally configured for its current use. Gas central heating via radiators and double glazing provide comfort and efficiency, reflected in the property’s EPC Grade D rating. The layout is practical and durable, designed to support shared living while maximising rental return.

The ground floor comprises a front letting room, a communal sitting room for shared living, and a fitted kitchen arranged for convenience and functionality. A rear lobby leads through to the bathroom, completing a layout that meets the expectations of the student market.

Upstairs, a central landing provides access to two genuine double bedrooms, both generous in size and perfectly suited to student occupancy, optimising income potential.

Externally, there is a private enclosed courtyard to the rear, offering low-maintenance outdoor space that enhances tenant appeal without increasing management demands.

The property falls within Council Tax Band A, payable to Kingston upon Hull City Council.

Fully let, well located and income generating investments of this nature remain in consistent demand. Review the figures, view the virtual tour and arrange a detailed inspection to assess how this could strengthen your portfolio.

GROUND FLOOR

ENTRANCE HALL Open Porch – A handy sheltered spot that welcomes you in and offers a practical pause before stepping inside. Step through the half-obscured double-glazed door and into a bright, welcoming hallway, complete with an overhead window that draws in extra natural light. Laminate flooring keeps things smart and low-maintenance, while a central heating radiator ensures a warm reception. The staircase rises ahead, inviting you to explore the first floor.

GROUND FLOOR LETTING ROOM ONE 11′ 11" x 9′ 11" (3.63m x 3.02m) Positioned at the front of the property, this well-proportioned room enjoys a large double-glazed window overlooking the street. Measured into the recess, it offers flexibility for layout and furniture, with a central heating radiator providing comfort year-round.

COMMUNAL SITTING ROOM 12′ 1" x 11′ 9" (3.68m x 3.58m) This is the social heart of the ground floor – a relaxed and inviting communal space overlooking the rear. Laminate flooring adds a contemporary touch, while a ceiling rose brings a hint of character. There’s a TV point for downtime, and a useful under-stairs storage cupboard neatly tucked away for practicality.

KITCHEN 10′ 8" x 7′ 4" (3.25m x 2.24m) Compact yet efficiently arranged, the kitchen offers a good range of fitted base and wall-mounted units to keep everything organised. Worktop surfaces with tiled surrounds provide plenty of preparation space, while the stainless steel sink with mixer tap sits ready for action. There’s plumbing for an automatic washing machine, a built-in under oven with a four-ring electric hob, and an extractor hood above – everything needed to keep daily life running smoothly.

LOBBY A useful transitional space with its own half-glazed door leading out. Here you’ll find the wall-mounted boiler serving hot water and central heating, along with a built-in cupboard for additional storage and a radiator to keep things cosy.

BATHROOM 7′ 0" x 5′ 6" (2.13m x 1.68m) Fresh, functional and neatly appointed, the bathroom features a panelled bath with separate shower over and screen, pedestal wash hand basin with mixer tap, and low-level WC. Tiled splashback areas keep things practical, while a heated chrome towel rail adds a touch of comfort. An extractor fan and side-facing double-glazed window complete the space.

FIRST FLOOR

LANDING A compact landing area with a rear-facing window allowing in natural light and access to the roof void above.

LETTING ROOM TWO 16′ 4" x 9′ 11" (4.98m x 3.02m) A particularly generous room measured into its recess, offering excellent space and flexibility. A built-in cupboard provides storage, while the front-facing double-glazed window fills the room with light. A double radiator ensures it remains warm and inviting.

LETTING ROOM THREE 11′ 1" x 9′ 7" (3.38m x 2.92m) Overlooking the rear, this room is bright and neatly proportioned, complete with a double-glazed window and central heating radiator.

OUTSIDE

REAR COURTYARD To the rear, a small enclosed yard offers private outdoor space, with fencing to the boundaries and a gate providing pedestrian access. Practical, secure and easy to maintain.