Hull · HU3

Morpeth Street, Hull

£150,000AvailableFreehold
Agent's summary

A rare chance to pick up a fully tenanted, high-yielding block of four self-contained flats and studios on Morpeth Street - just off Spring Bank and within easy walking distance of Hull city centre. The property currently produces a minimum gross yield of 12.9% per annum.

Beds4
Baths4
Receptions4
TypeTerraced
From Higson Homes Sales and Lettings

The home, in the agent’s words

Read the full agent description

A rare chance to pick up a fully tenanted, high-yielding block of four self-contained flats and studios on Morpeth Street - just off Spring Bank and within easy walking distance of Hull city centre. The property currently produces a minimum gross yield of 12.9% per annum, making it a strong fit for investors seeking immediate, reliable income.

A genuine turnkey purchase: every unit is occupied, and our professional full-management service is available to continue from day one for landlords who prefer a hands-off approach.

Due to size of studio being 20sqm the property will require specialist lending.

The Accommodation

Flat 1 - Ground floor, one-bedroom with private rear garden
Rent: £415 PCM * Council Tax Band A * EPC Rating E

Flat 2 - First floor, one-bedroom
Rent: £415 PCM * Council Tax Band A * EPC Rating C

Flat 3 - Second floor studio
Rent: £425 PCM * Council Tax Band A * EPC Rating D

Flat 4 - First floor rear studio
Rent: £360 PCM * Council Tax Band A * EPC Rating D

Fully tenanted with a strong rental track record

External insulation to the rear elevation and dormers for improved energy efficiency

Excellent location with transport links, shops and amenities on the doorstep

Optional continuation of our full-management service

Property Information
Tenure: Freehold
* Council Tax: Band A (Hull)
* Garden: Ground floor flat only
* Heating: Gas mains
* Electricity & Water: Mains

Viewings strictly by appointment. Investment stock at this yield doesn't sit on the market - get in touch with the office today to secure your slot.

Council Tax Band: A (Hull Council Tax)
Tenure: Freehold
Garden details: Communal Garden
Electricity supply: Mains
Heating: Gas Mains
Water supply: Mains

A feel for the area

Connected for everyday life

100%

of homes in the postcode can access 100+ Mbps broadband.

Available speed bands
30+ Mbps
100%
100+ Mbps
100%
300+ Mbps
100%
1,000+ Mbps
100%
Ofcom · Jan 2026 · postcode HU3 1RF · residential premises

Getting about

0.6 miles

to Hull Rail Station

Approximate straight-line distance · DfT NaPTAN · 13 Sept 2026

Background air quality

Fine particles · PM₂.₅
7.7 µg/m³ · Above the WHO guideline · well within the UK legal limit
Nitrogen dioxide · NO₂
11.9 µg/m³ · Above the WHO guideline · well within the UK legal limit

Annual background levels. For scale: the WHO 2021 guideline is 5 µg/m³ for PM₂.₅ and 10 for NO₂; the UK legal limit is 20 and 40. Lower is better; this is a 1 km model, not a reading at the door.

Defra · 2024 annual model · 1 km area

Local information is approximate. Distances are straight-line estimates from the available location. Broadband describes postcode coverage, not the speed or service available at this home; check the address with a provider. Air quality is a modelled annual background estimate.

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About these property details

The information provided in this listing is for general information purposes only and does not constitute property particulars. We make no warranties or guarantees, express or implied, regarding the accuracy, completeness, or availability of the information.

Property details are provided by the listing agent, developer, or other third parties, and we have no control over the content provided. Prospective buyers or tenants should make their own enquiries and verify all information directly with the agent or relevant party.

Information relating to Energy Performance Certificates, Home Reports, or other statutory documents should be obtained directly from the selling agent or developer where applicable.