For Sale By Auction | 6.30pm , 18 March 2020

175 Sculcoates Lane, Hull, East Yorkshire, HU5 1DN

*Guide | £110,000 (plus fees)

  • Property For Sale
  • 4 Bedrooms
  • Tenure: Freehold. Subject to existing tenancies.

Call the team on 0845 400 9900 for more information

Auction Date

Wed 18/03/2020

Auction Time

6.30pm

Auction Venue

Beverley Racecourse, York Road, Beverley, HU17 8QZ

RESIDENTIAL INVESTMENT - A MODERN HMO - 4 EN SUITE ROOMS - APPROX NET RENT £13,880pa

This modern town house is offered as a residential investment opportunity. The three storey layout gives excellent separation of the four en-suited bedrooms making this an ideal HMO. The property is around 15 years old and enjoys a contemporary specification with gas central heating and double glazing. Each bedroom is separately let creating a collective gross rental income of £1,386.66 pcm (inclusive of services & council tax) and we are advised this produces an approximate net income of £13,880 pa (before any management costs).

Tenure

Freehold. Subject to existing tenancies.

Situation

The property is part of a housing development that is about 1.5 miles north of the city centre. It is located between Beverley Road, a main arterial route into the city with bus services, and one of Hull’s busy employment districts alongside the River Hull. The university is also about 1.5 miles distant.

Accommodation

Ground Floor: Entrance Hall, Living Room, Bedroom 1 & En Suite Shower/WC, Utility First Floor: Landing, Kitchen/Dining Room, Bedroom 2 & En Suite Shower/WC. Second Floor: Landing, Bedrooms 3 & 4 with En Suite Showers/WC. Outside: Forecourt, rear garden. Parking space.

Viewing

Strictly by appointment through Auction House Hull & East Yorkshire. Telephone: 01482 866844.

Services

All mains services are connected to the property. None of the services or installations have been tested.

Joint Agent

Dee Atkinson & Harrison 11 Market Place Beverley East Yorkshire HU17 8BB Tel: 01482 866844

Energy Efficiency Rating (EPC)

Current Rating C

Services

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

Local Authority

Hull City Council

Solicitors

Barnes and Partners, 90 Silver Street, Enfield, EN1 3EP , Ref: Ms Charlene Boyaram, Tel: 0208 370 2800

Additional Fees

Administration Charge - The purchaser will be required to pay an administration charge of £750 (£625 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.

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