This four bedroom through terrace property is offered for sale via auction and we understand the property to be currently tenanted, generating a gross rental income of £7,800 per annum which reflects over a 14% yield based on the guide price. The property would benefit from some internal improvments, however, would make a great addition to a rental portfolio. The property is in a great location, close to Hull city centre and Hull Royal Infirmary with a number of local amenities close by. Please note: a 16 day completion applies to this lot.
Ground Floor
Lounge, dining room, kitchen and bathroom.
First Floor
Three bedrooms.
Second Floor
Dorma bedroom.
Externally
Enclosed back garden with storage shed.
ADDITIONAL INFORMATION
Council Tax
Band A.
Tenure
Freehold.
Charges & Payments
In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT.
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.
Additional Fees
Administration Charge - See above
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.