A two bedroom first floor apartment in Hull City Centre currently achieving a rental income of £7,800 per annum.
Viewing Details
Strictly by appointment with Auction House on 0845 400 99 00 or the joint agents Reeds Rains on 01482 709980.
Location
Situated within Hull city centre, the property is within easy walking distance of shopping areas, supermarkets, cafés and restaurants. It is close to key amenities including healthcare services and Hull Royal Infirmary. The area also benefits from excellent transport links, with Hull Paragon Interchange (rail and bus station) just a short walk away.
Description
A two-bedroom first floor apartment within a purpose-built development which is currently tenanted at £650pcm (£7,800pa), making it ideal for investors. The accommodation briefly comprises: Entrance Hall, Kitchen/Living Room, Two Bedrooms, Bathroom and En Suite. The property also benefits from parking and double glazing.
Accommodation
Entrance hall leading to:
Kitchen/Living Area - 27'7" x 10'4" (8.40m x 3.14m)
Range of wall and base units with laminate worktop. Stainless steel sink with right hand drainer and chrome mixer tap. Integrated electric hob and cooker with extractor fan above.
Bedroom One - 15'1" x 8'6" (4.59m x 2.59m)
En Suite - 6'9" x 3'2" (2.05m x 0.96m)
Three piece suite comprising:- low flush WC, wall-hung sink, shower. Radiator.
Bedroom Two - 14'6" x 11'6" (4.41m x 3.50m)
Bathroom - 10'6" x 6'3" (3.20m x 1.90m)
Three piece suite comprising:- low flush WC, sink with pedestal, bath. Radiator.
Exterior
One parking space.
Tenure
Leasehold on 150 year lease from 19/05/2004 (128 years remaining). Ground Rent - £101.10 per month. Reserve Fund - £61.27 per month. Service Charge - £207.83 per month. Total - £370.20 per month. The property is sold subject to existing tenancies - please see the legal pack for further details.
Tenancy
The property is sold subject to existing tenancies - please see the legal pack for further details.
Note
Joint Agents
Reeds Rains, 508 Holderness Road, Hull, East Yorkshire, HU9 3DS. Tel: 01482 709980
Council Tax Band
B
Lot Type
Residential Investments
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 £1,800 (£1,500 plus 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 listed disbursements that may become payable by the purchaser upon completion.
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- 2 Bedrooms
- Tenure: Leasehold on 150 year lease from 19/05/2004 (128 years remaining). Ground Rent - £101.10 per month. Reserve Fund - £61.27 per month. Service Charge - £207.83 per month. Total - £370.20 per month. The property is sold subject to existing tenancies - please see the legal pack for further details.
- Unconditional (Immediate Exchange)
Call the team on 0845 400 9900 for more information
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