A one bedroom first & second floor maisonette apartment close to the City Centre. This property is an ideal investment opportunity for first-time and experienced investors. The property comprises a maisonette apartment with living room and kitchen on the first floor and a bedroom and bathroom on the second floor. The property is double-glazed throughout and has the benefit of gas-fired central heating. Although in need of redecoration and some updating, it is priced to reflect this and provides an excellent opportunity to generate a strong annual yield. Tenure The property is understood to be Leasehold and offered with the benefit of vacant possession upon completion. 99 years from 25th December 2006. Full details of the lease will be available in the legal pack. Ground Rent - Peppercorn Service Charge: One-third of the total for the building. We do not have details of any previous payment amounts. Accommodation On the first floor Hall Lounge With double glazed sash style window to the front and a radiator. Kitchen Fitted kitchen with a range of base units, work surfaces, electric cooker point, stainless steel sink, boiler, radiator and double glazed sash style window to the front. Second Floor Landing Bedroom With double glazed velux style window to the front, eaves storage and a radiator. Bathroom With panelled bath with mixer tap serving the over bath shower, low-level W/C, pedestal wash hand basin, radiator and double glazed Velux style window. Services Understood to be connected to mains electric, water, gas, and drainage but the services have not been tested. Viewing Strictly by appointment with the Auctioneers on 0845 400 9900 Solicitors Walker Morris LLP, Kings Court,12 King Street,Leeds,West Yorkshire,LS1 2HL, Tel: 01132 832 500

Tenure

Leasehold. The property is held on a 99 year lease from 2006 (thus approximately 82 years unexpired).

Location

The property has on-street parking and is a short distance from both Hull City Centre and Hull Royal Infirmary. The property has an array of local amenities such as bars, shops and takeaways. This property has an abundance of potential.

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Additional Fees

Buyer's Premium - A non-refundable Buyer Premium of £600 including VAT payable on the fall of the Virtual Gavel.

Administration Charge - A non-refundable Administration Fee of £1,560.00 including VAT payable on the fall of the Virtual Gavel.

Disbursements - Please see Legal Pack for any Disbursements.

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