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DN14 6JD

£400,000
· Added 25 Mar 2025

What this property offers

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About this property

Here’s an incredible investment opportunity presented by Housemates. This is a 15-bed, potential 16-bed HMO located in Goole. The property has a 5-year lease with a well-established business, Hughes Mushrooms, which pays £52,000 annually to lease it and guarantees a 13% gross yield.

This is a one-of-a-kind property in Goole and is the largest HMO in the town. Changes to local licencing requirements have also heavily restricted the establishment of any other HMOs of this scale, increasing the value of this property beyond conventional appreciation.

New five-year licence will be issued by the ERYC before ownership of the property is transferred.

The installation of solar panels to reduce utility


gas and electric
expenses is a worthwhile consideration, we recommend consulting a professional before undertaking any such work.

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