HU3Kingston upon Hull, City of

Central Hull & Surroundings

Central Hull & Surroundings investment guide. Average gross yield 6.2%, landlord's market rental demand.

6.2%avg gross yield

£109kavg sold price (361 sales, 12mo)

Landlord's marketrental demand

Article 4: No· Permitted development applies

Last updated April 2026

Average Gross Yield

6.2%

-6.7% vs Kingston upon Hull, City of avg (12.9%)

Average Asking Price

£109,266

high confidence (361 sales)

Est. Monthly Rent

£670

2-bed · 3-bed £741 · 6.9% yield

Price Per Sq Ft

£125

City avg £110/sqft · 15 above average

Estimated Rent by Bedroom Count

Average asking rent and gross yield per bedroom count in HU3

1-bed

£587

per month

9.2% yield

2-bed

£670

per month

6.9% yield

3-bed

£741

per month

6.9% yield

4-bed

£1,001

per month

10.4% yield

Ownership mix

HU3 vs UK average · 21,037 dwellings · Source: ONS Census 2021

Distinct tenure mix: 16% owned outright (17pp lower than the UK average of 33%).

Owned outrightNo mortgage on the property

16.3%(UK 32.9%)

-16.6pp vs UK

Owned with mortgageIncluding shared ownership

19.2%(UK 29.7%)

-10.5pp vs UK

Privately rented (BTL)Private landlord or letting agent

35.9%(UK 20.3%)

+15.6pp vs UK

Socially rentedCouncil or housing association

28.6%(UK 17.1%)

+11.5pp vs UK

Black tick = UK average. ONS Census 2021, TS054 (Tenure of household).

Yield by Property Type

Gross yield breakdown across property types in HU3

PropertyData.co.uk

Type	Gross Yield	Avg Price	Avg Rent/mo
Terraced →	9.8%	£92,773	£756
Semi-detached →	5.1%	£170,000	£717
Detached →	4.5%	£205,754	£778
Flat →	19.5%	£40,039	£650

Explore by strategy

Live data for each property type across Kingston upon Hull, City of.

HMO Terraced Semi-detached Detached Flats Student lets New build Strategy primers →

About Central Hull & Surroundings (HU3, Kingston upon Hull, City of)

HU3 attracts property investors primarily due to its strong gross yield of 6.2%, which is notably competitive for the UK market. The area's rental demand favours landlords, indicating a healthy tenant acquisition environment with reasonable competition for quality properties.

The tenant mix spans across all household sizes, with single-bedroom properties commanding £587 monthly rent and larger four-bedroom units reaching £1,001. This diversity suggests the area appeals to both individual professionals and families, providing investors with flexibility in their letting strategy.

Investors should note that the absence of asking price data limits visibility on capital growth prospects and current market valuations. It is advisable to conduct thorough local market research and comparative property analysis before committing investment capital in this postcode area.

Sold Price Trend - HU3

Average sold price, last 8 quarters

-9.1% over 2 years

Flip Activity - HU3

Same property bought and sold within 18 months, last 24 months

→ vs prior 24 months

Flips

last 24 months

Median uplift*

+0.0%

after HPI adjust

Median hold

0 mo

Flip rate

0.0%

of all sales

Recent case studies

gordon street

Terraced

Bought Jul 24

£61k

Sold Jun 25

£100k

12 mo+65.1%*

Gross 63.9%

cardigan road

Terraced

Bought May 23

£96k

Sold Jul 24

£172k

14 mo+69.6%*

Gross 79.2%

* Real uplift after ONS regional House Price Index adjustment. Freehold and leasehold included; leasehold flips flagged as lease-extension status is not verifiable from public data. Source: HM Land Registry Price Paid Data.

Planning & Licensing - HU3

Restrictions that affect HMO and buy-to-let investors in this postcode district

✓

Article 4 Direction (HMO)Not in effect

HMOs of up to 6 occupants (C4 use class) can be created without planning permission in this area.

✓

Selective LicensingNot in effect

✓

Additional HMO LicensingNot in effect

Planning restriction data not yet verified for this area.

Planning information is for guidance only. Always verify with the local planning authority before purchasing. Data correct as of April 2026.

Nearby Postcodes