HU5Kingston upon Hull, City of

Hull City Centre & Surrounds

Hull City Centre & Surrounds investment guide. Average gross yield 6.6%, tenant's market rental demand.

6.6%avg gross yield

£128kavg sold price (877 sales, 12mo)

Tenant's marketrental demand

Article 4: No· Permitted development applies

Last updated April 2026

Average Gross Yield

6.6%

-6.3% vs Kingston upon Hull, City of avg (12.9%)

Average Asking Price

£128,343

high confidence (877 sales)

Est. Monthly Rent

£713

2-bed · 3-bed £872 · 6.8% yield

Price Per Sq Ft

£163

City avg £110/sqft · 53 above average

Estimated Rent by Bedroom Count

Average asking rent and gross yield per bedroom count in HU5

1-bed

£591

per month

6.4% yield

2-bed

£713

per month

6.8% yield

3-bed

£872

per month

7.2% yield

4-bed

£1,766

per month

13.0% yield

Ownership mix

HU5 vs UK average · 28,662 dwellings · Source: ONS Census 2021

Landlord-heavy: 32% privately rented (btl) (12pp higher than the UK average of 20%).

Owned outrightNo mortgage on the property

28.1%(UK 32.9%)

-4.8pp vs UK

Owned with mortgageIncluding shared ownership

26.8%(UK 29.7%)

-2.9pp vs UK

Privately rented (BTL)Private landlord or letting agent

32.2%(UK 20.3%)

+11.9pp vs UK

Socially rentedCouncil or housing association

12.9%(UK 17.1%)

-4.2pp vs UK

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

Yield by Property Type

Gross yield breakdown across property types in HU5

PropertyData.co.uk

Type	Gross Yield	Avg Price	Avg Rent/mo
Terraced →	8.0%	£121,500	£806
Semi-detached →	6.8%	£160,000	£901
Detached →	4.8%	£244,165	£972
Flat →	14.6%	£63,887	£775

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 Hull City Centre & Surrounds (HU5, Kingston upon Hull, City of)

HU5 attracts property investors primarily due to its exceptional gross yield of 6.6%, significantly above UK averages, making it an appealing prospect for income-focused portfolios. The area's affordable entry prices combined with strong rental returns create opportunities for both experienced and emerging investors seeking cash flow generation.

The rental market here is tenant-focused, indicating good demand but limited supply advantages for landlords. The tenant mix spans from single professionals in 1-bedroom properties (£591/month) through to larger family units, with notably higher rents for 4-bedroom homes (£1,766/month), suggesting diverse residential demand across the area.

Investors should carefully monitor local economic conditions and employment trends, as yields of this magnitude typically reflect underlying market risks or lower capital appreciation prospects. Thorough due diligence on specific streets, property condition, and tenant quality is essential, as area-wide averages can mask significant variation between individual investments.

Sold Price Trend - HU5

Average sold price, last 8 quarters

+7.0% over 2 years

Flip Activity - HU5

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

↓ vs prior 24 months

Flips

last 24 months

Median uplift*

+35.8%

after HPI adjust

Median hold

13 mo

Flip rate

0.9%

of all sales

Recent case studies

victoria avenue

Terraced

Bought Nov 24

£220k

Sold Dec 25

£310k

13 mo+35.9%*

Gross 40.9%

de grey street

Terraced

Bought Jul 24

£100k

Sold Nov 25

£180k

17 mo+74.5%*

Gross 80.0%

spring bank west

Terraced

Bought Dec 24

£85k

Sold Nov 25

£112k

11 mo+29.1%*

Gross 31.8%

goddard avenue

Terraced

Bought Oct 24

£105k

Sold Nov 25

£149k

13 mo+36.9%*

Gross 41.9%

vermont villas

Terraced

Bought Jan 25

£85k

Sold Jun 25

£112k

5 mo+34.8%*

Gross 31.8%

de grey street

Terraced

Bought Oct 23

£93k

Sold Mar 25

£130k

17 mo+35.6%*

Gross 40.5%

* 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 - HU5

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