Situation:
The property is situated on Anlaby Road, Hull, well positioned for access to a wealth of local facilities and amenities, along with convenient access to the City centre. Hull itself is undergoing substantial investment, with a wide range of popular attractions, including the docks. Access to the M62 and good rail links are also on offer.
Description:
A wonderful opportunity to acquire this ‘ready to go’ investment property, being currently let at £475 pcm (£5700 per annum) to an established tenant. The property is well proportioned and well presented throughout, and provides a substantial yield at the advertised guide price, in this popular area of the City, with strong rental demand.
Accommodation Entrance
Living Room
Kitchen
Bathroom
Bedroom 1
Bedroom 2
Full use of rear garden
Agent Note Please note that the internal photographs provided were taken prior to the commencement of the tenancy agreement.
Material Information Tenure:
The property is leasehold on a term of 125 years from 1 January 2009. All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, by inspecting the legal pack.
Council Tax:
The property falls within Kingston Upon Hull Council – BAND A
Possession:
Subject to existing tenancy agreement.
Viewing:
Strictly by appointment with Auction House.
Services:
Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor.
These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating and Town and Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. Information relating to Phone & Broadband can be found by visiting Ofcom. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them.
Tenure: Leasehold
Lease Details: 125 years from 1 January 2009
EPC Rating: E
01/01/2009
125 years (108 years unexpired)
£75
£2,082
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.
Non-refundable £3,600 inc VAT payable on the fall of the virtual gavel.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.