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6 bed Property property

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For Sale

Listed Apr 21, 2026

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£210,000

Available

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Description

"49 St Augustine Avenue, Grimsby, DN32 0LD
Fully Licensed 6 Bed HMO Freehold High Yield Investment Opportunity
Overview

Pure Investors are delighted to present this fully licensed 6 bedroom HMO located on St Augustine Avenue, a proven rental hotspot in Grimsby. Offered as a freehold property with strong existing income and comprehensive compliance, this is a ready made, turnkey investment ideal for HMO landlords, portfolio builders, or first time investors seeking secure passive income.

The property is fully tenanted, professionally managed, and delivering consistent returns with minimal operational complexity.

Financial Summary

Gross Monthly Income £2,340

Gross Annual Income £28,080
Operating Cost Assumption 25% covering utilities, compliance, maintenance, management, voids
Net Annual Income £21,060
Tenure Freehold
Number of Current Tenants 6
ASTs Licences Fully in place and compliant
Purchase Price Net Income p.a. NET Yield
£210,000 £21,060 10.0%

This property delivers excellent ROI even under conservative cost assumptions ideal for investors prioritising high yields and low vacancy risk.

HMO Licensing & Compliance

This property benefits from a full HMO licence and complete certification, ensuring strong operational security and smooth ongoing management.

HMO Licence

Licensed for 6 occupants
Issue Date 10 December 2024
Expiry Date 10 December 2029

Fire Safety Compliance

Interlinked Smoke Detection System Last serviced 12 December 2024
Emergency Lighting Installed & Tested Yes
Fire Doors Installed Throughout Yes
Fire Risk Assessment Completed
Latest Assessment 12 May 2025

Gas & Electrical Safety

Gas Safety Certificate Yes
Date 07 February 2025
EICR Yes
Date 12 December 2024
PAT Testing Yes
Date 12 December 2024

Energy Performance

EPC Rating D
Assessment Date 25 August 2019

The property is fully compliant with all required HMO safety and legal standards ideal for hands off investors seeking a stress free acquisition.

Property Features
Terraced, freehold 6 bed licensed HMO
Fully let to 6 tenants with compliant ASTs
Professionally maintained and in strong rental condition
Interlinked fire safety system with emergency lighting
Strong local rental demand ensuring minimal voids
Stable income with scope for future rental uplift
Location

Positioned in the DN32 postcode, the property offers tenants excellent access to

Grimsby town centre
Shops and amenities
Transport links
Major employers and industrial hubs

This creates an ideal environment for sustained occupancy and long term rental performance.

Summary

49 St Augustine Avenue is a high performing, fully compliant 6 bed HMO offering

Strong net income £21,060 p.a.
Excellent NET yields
Freehold ownership
Fully tenanted operation from day one
Long remaining HMO licence
Comprehensive fire, gas, electrical, and safety certification

This is an ideal turnkey purchase for investors seeking secure, hands off returns in a thriving rental location."