NOT ONE TO BE MISSED!FOR SALE BY ONLINE AUCTION ON TUESDAY 14th MAY 2024
Description
NOT ONE TO BE MISSED!FOR SALE BY ONLINE AUCTION ON TUESDAY 14th MAY 2024
NOT ONE TO BE MISSED!
FOR SALE FOR ONLINE AUCTION VIA OUR PARTNER AGENTS, REEDS RAINS HULL. A superb two-bedroom duplex apartment offered exclusively to investors with tenant in situ with a rental income of £600 per month, this offering promises a lucrative yield, making it an attractive proposition for those seeking to capitalise on Hull's thriving rental market. With a lease spanning over 985 years, stability and longevity are assured, ensuring enduring value and peace of mind for prospective buyers. Situated within the esteemed former sheriff house, this property boasts a rich history and a captivating blend of architectural styles, blending the grandeur of old-world charm with the sophistication of modern development. Upon arrival, you’ll be captivated by the seamless integration of meticulously converted individual apartments within the historic structure, complemented by the addition of high-quality new builds. Nestled at the forefront of this prestigious development, this property presents a unique opportunity for discerning investors.Upon entering, a grand communal entrance hall sets the tone, leading to a first-floor landing area. Inside the apartment, a central hallway provides access to a comfortable sitting room, a well-appointed fitted kitchen, and a spacious bedroom, alongside a thoughtfully designed bathroom. Ascending to the first floor, another double bedroom awaits offering versatility and privacy. Externally, the development is complemented by its own grounds, featuring an allocated parking space for added convenience.
Accommodation Communal Hallway
First Floor Landing
Entrance Hallway
Sitting Room
Bedroom
Kitchen
Bathroom/WC
Staircase to upper floor
Bedroom
Auctioneer's Notes Property construction - Standard
Electricity supply - Mains
Water supply - Mains
Sewerage - Mains
Heating – Gas
Broadband - Standard Speed - 22 mbps
Mobile signal / coverage –O2/ Vodafone /EE/ Three – Very Good
Parking – Resident Parking
Building Safety – See Legal Pack
Restrictions – Yes See Legal Pack – Holderness Road East Conservation Area
Rights and easements - See Legal Pack
Flood risk – Low
Coastal erosion –Low
Planning permission – See Legal Pack
Accessibility / adaptions - See Legal Pack
Coalfield or mining area - See Legal Pack
Viewings Please contact Auction House North East on 01642 931060 for the viewing schedule
Tenure: Leasehold
Lease Details: 999 Years Commencing On And Including 1 September 2011
EPC Rating: D
Tenure
Leasehold. The property is held on a 999 year lease from 2011 (thus approximately 985 years unexpired).
Tenancy
The property is subject to an Assured Shorthold Tenancy producing £600 per calendar month.
EPC Rating
D
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Buyers Premium
£1800 inc VAT payable on exchange of contracts.
Administration Charge
£1200 inc VAT payable on exchange of contracts.
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- 2 Bedrooms
- Tenure: Leasehold. The property is held on a 999 year lease from 2011 (thus approximately 985 years unexpired).
- Unconditional (Immediate Exchange)
Call the team on 01642 931060 for more information
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