Auction House / Hull & East Yorkshire

  • For Sale By Unconditional Online Auction
  • Guide Price* : £49,000
  • Bidding Opens 02/06/2025 13:00

Apartment 7, 12 Spring Street, Hull, East Yorkshire, HU2 8RD

CASH BUYERS ONLY - An excellent investment property providing an opportunity for a high yield. Estimated achievable Gross rent £7,800pa (£650pcm)

Viewing Details

Strictly by appointment with the auctioneers on 0845 400 9900.

Location

The thriving Hull City Centre and its array of amenities are right at your doorstep, offering the perfect blend of urban convenience and lifestyle.

Description

A ground-floor, two-bedroom self-contained apartment, ideally situated just a five-minute walk from Hull City Centre, train station and bus interchange. Security and peace of mind are paramount, and that's precisely what this apartment offers. Located behind secure gates, you can rest assured that your investment is well-protected. If you're an experienced investor looking to capitalise on the rental market, this apartment presents a golden opportunity that is worthy of a closer look.

A private entrance door opens into the apartment with a generous hallway providing access to all the rooms. There is an open plan comfortable sitting room with a well-appointed fitted kitchen, two bedrooms, the master bedroom has a dedicated en-suite shower room in addition to the bathroom. The property is fully double-glazed, heated with electric panel radiators and also benefits from a dedicated parking space.

Accommodation

Entrance Hallway

Enter the property via the private entrance door into the spacious hallway that gives access to the bedrooms, bathroom, and open plan lounge/kitchen. You will also find a handy built-in storage cupboard housing the water tank.

Lounge/Kitchen

An L-shaped room with a double-glazed window and double-glazed floor-to-ceiling window facing the front aspect, offering ample natural light. The room is spacious with a kitchen area located in the rear corner, which has been fitted with a range of wall and base units with contrasting work surfaces. There is a built-in electric oven with a hob, a stainless steel extractor canopy above, and a single drainer sink inset with a mixer tap over. Fitted with two wall-mounted electric heaters.

Bedroom One

The largest of the two bedrooms has two double-glazed windows facing the rear, offering ample natural light. It is fitted with a wall-mounted electric heater.

En-suite Shower Room

The en-suite is installed with a pedestal wash hand basin, a low flush w.c. and a shower enclosure and a chrome-effect heated towel radiator.

Bedroom Two

The second bedroom has a front-facing double-glazed window.

Bathroom

Fitted with a three-piece suite in white comprising a pedestal basin with mixer tap, a enclosed bath and a low flush WC. The bathroom is heated via a chrome-effect towel radiator.

Exterior

Allocated parking space in a secure parking area.

Tenure

Leasehold.

Note

Method of Sale

The property will be offered for sale by online auction with bidding commencing at 1.00 pm on Monday, 2nd June 2025, and closing on Tuesday, 3rd June, at 1.00 pm. For further legal information relating to this lot, please go to auctionhouse.co.uk/hullandeastyorkshire.

Note

Conditions of Sale

The property will be sold subject to conditions of sale, copies of which will be available for inspection at the auctioneer’s offices, with the solicitors and online at auctionhouse.co.uk/hullandeastyorkshire prior to the date of the auction.

Note

Guide Price

Guides are provided as an indication of each sellers minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction), which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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

The purchaser will be required to pay a buyer’s premium of £1,200 (£1,000 + VAT) in addition to the purchase price of the property.

Administration Charge

The purchaser will be required to pay an administration charge of £1,200 (£1,000 plus VAT) in addition to the purchase price of the property.

Disbursements

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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* Guide | £49,000
  • 2 Bedrooms
  • Tenure: Leasehold.
  • Unconditional (Immediate Exchange)

Call the team on 0845 400 9900 for more information

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.