FOR SALE BY PUBLIC AUCTION ON WEDNESDAY 14TH SEPTEMBER 2022 AT 3.00PM BY ONLINE AUCTION Guide price £50,000 to £55,000 A let two bedroom investment opportunity generating a gross rent of £4,500pa.

A residential investment property. This mid terraced house is let on an assured shorthold tenancy at a monthly rental of £375. The property has two bedroomed accommodation with gas radiator central heating and partial uPVC double glazing. Gross rental income £4,500 per annum.

Tenure

Freehold. Sold subject to the existing tenancy.

Location

The property is situated on one of the terraced streets of the Gipsyville area of Hull, around two and a half miles west of the city centre. A good range of local area amenities are available on and around nearby Hessle Road.

Accommodation

GROUND FLOOR: Through Living Room, Kitchen, Bathroom with WC. FIRST FLOOR: Landing, Two Bedrooms. EXTERNAL: Shallow forecourt. Rear concrete yard, walled and fenced with pedestrian access.

Services

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

Viewing

Strictly by appointment with the auctioneers on 01482 866844.

Method of Sale

The property will be offered for sale by online auction with bidding commencing at 12 noon on Monday 12th September 2022 and closing on Wednesday 14th September 2022 at 3.00pm. For further legal information relating to this lot please log on to auctionhouse.co.uk/hullandeastyorkshire.

Condition 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.

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

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

Legal Pack

A legal pack has been requested from the vendors 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.

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 Kingston-upon-Hull City Council. From verbal enquiries we are advised that the property is shown in the Council Tax Property Bandings List in Valuation Band 'A'.

Solicitors

Graham & Rosen, 8 Parliament Street, Hull, HU1 2BB, Ref: Adam Waller, Tel: Telephone: 01482 323132. Email: aw@graham-rosen.co.uk

Offered in association with

Dee Atkinson and Harrison

Additional Fees

Buyer's Premium - A buyer's 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 0.3% of the purchase price subject to a minimum of £750 (£625 plus VAT)

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