Call the team on 0845 400 9900 for more information
An investment and development opportunity, this house currently let as three flats produces approx £12,000 per annum income.
This distinctive period town house is a long established residential investment, having been converted to provide one bedroomed living accommodation on each of the three floors. The three flats are individually let at £400pcm each and after deducting gas and electricity costs paid by the owner we are informed the rental income is around £12,000 per annum. Each floor has gas central heating, and the top flat has replacement double glazing. Scope exists to modernise fixtures and fittings.
Tenure
Freehold. The property is sold subject to the existing tenancies.
Situation
The property is in a small cul-de-sac of similar houses that is only around a third of a mile north of the main central shopping and entertainment area, including the harbour, of this East Yorkshire Coast resort town. The leisure centre and swimming pool, adjacent to one of the towns two renowned sandy beaches, is just a couple of hundred yards away.
Accommodation
Ground Floor: Entrance Vestibule, Entrance Hall, Living room, Bedroom, En-Suite Bathroom, Kitchen. First Floor: Landing, Living Room, Bathroom/WC, Kitchen, Bedroom. Second Floor: Landing, Living Room, Bathroom/WC, Bedroom, Kitchen.
services
All mains services are connected to the property. None of the services or installations have been tested.
Viewings
Strictly by appointment with the sole agents on 0845 400 99 00.
Council Tax
Council tax is payable to the East Riding of Yorkshire Council. Each of the three flats in the house is currently listed in council tax band 'A'.
Joint Agent
Dee Atkinson & Harrison 56 Market Place Driffield YO25 6AW Tel: 01377 241919
Energy Performance Rating
Flat 1 - EER F(38), Flat 2 - EER E(50), Flat 3 - E(53).
Energy Efficiency Rating (EPC)
Current Rating TBC
Services
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Local Authority
East Riding of Yorkshire Council
Solicitors
TBC
Offered in association with
Dee Atkinson and Harrison
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
Buyer's Premium - The purchaser will be required to pay an buyers premium of £480 (£400 plus VAT) in addition to the purchase price of the property.
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.