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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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Housemates Properties

Disclaimer: Property descriptions, images, and related information displayed on this page are aggregated from publicly available sources across the web and presented for informational purposes only. While we strive for accuracy, home.co.uk cannot guarantee that all details are current or complete. This information is provided as a guide only and should not replace professional property advice. We strongly recommend contacting Housemates Properties directly to verify availability, arrange viewings, and obtain comprehensive property documentation.

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Homemove is a trading name of HM Haus Group Ltd (Company No. 13873779, registered in England & Wales). Homemove Mortgages Ltd (Company No. 15947693) is an Appointed Representative of TMG Direct Limited, trading as TMG Mortgage Network, which is authorised and regulated by the Financial Conduct Authority (FRN 786245). Homemove Mortgages Ltd is entered on the FCA Register as an Appointed Representative (FRN 1022429). You can check registrations at NewRegister or by calling 0800 111 6768.