AN IDEAL INVESTMENT OPPORTUNITY - FOUR SELF CONTAINED FLATS - FULLY LET AND PRODUCING £13,716 PA

AN IDEAL INVESTMENT OPPORTUNITY - FOUR SELF CONTAINED FLATS - FULLY LET AND PRODUCING AN INCOME OF £13,716 PA. A period property which has been converted into four self-contained flats. At the ground floor a one bedroom flat benefits from gas central hearing and is currently let for £300pcm. There is a further spacious two bedroom duplex flat with gas central heating currently let at £303pcm. To the first floor there is a further one bedroom flat with gas central heating which is currently let at £280pcm. The second floor comprises a studio flat with electric heating let at £260pcm.

Tenure

Freehold

Location

Albany Street is within a short walk of Hull city centre, Paragon Interchange and St. Stephen's shopping centre. The central location provides easy access to link roads from the heart of the city to all directions. The popular Princes Avenue is also nearby with its excellent variety of bars and restaurants.

Accommodation

GROUND FLOOR ENTRANCE HALL FLAT ONE - Lounge, Kitchen, Bedroom and Bathroom. Gas central heating. Currently let at £300pcm. FIRST FLOOR: FLAT TWO - Duplex with Lounge, Kitchen, two Bedrooms and Bathroom. Gas central heating. Currently let at £303pcm. FLAT THREE - Lounge, Kitchen, Bedroom and Bathroom. Gas Central Heating. Currently let at £280pcm. SECOND FLOOR Studio flat with electric heating currently let at £260pcm OUTSIDE : Rear garden.

Wall Insulation

Solid wall insulation was installed in 2015.

Services

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

Legal Pack

A legal pack has been requested from the vendor's solicitor and will be made available online as soon as it is received. You can register to receive an email notification when the pack is available by going to auctionhouse.co.uk/hullandeastyorkshire and clicking on the property you are interested in. On the property detail page you will see a red 'LEGAL PACK' button which you should click on and it will take you to the registration page.

Method of Sale

The property will be sold subject to conditions of sale, copies of which will be available for inspection at the auctioneer's offices, with the solicitors and on-line at www.auctionhouse.uk.net/hullandeastyorkshire prior to the date of the auction.

Conditions of Sale

A legal pack has been requested from the vendor's solicitor and will be made available online as soon as it is received. You can register to receive an email notification when the pack is available by going to auctionhouse.co.uk/hullandeastyorkshire and clicking on the property you are interested in. On the property detail page you will see a red 'LEGAL PACK' button which you should click on and it will take you to the registration page.

Guide Price

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Online Bidding Information

If you are wanting to bid on this property, copy and paste the link below into your URL bar or into a Google search and it will take you to a video that explains the process: youtube.com/watch?v=ImXr4HXR36c

Services

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

Local Authority

Council Tax is payable to the Kingston-upon-Hull City Council.

Solicitors

Murray Hills Solicitors, 368 Holderness Road Hull HU9 3DL, Tel: 01482 309222

Offered in association with

Dee Atkinson and Harrison

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.