Call the team on 0845 400 9900 for more information
**FOR SALE by ONLINE AUCTION on WEDNESDAY 24th MAY 2023 at 3.00pm** Guide price CIRCA £45,000 A tenanted two-bedroom mid-terrace house producing £3,625 pcm.
A two-bedroom mid-terrace house that is offered as an investment opportunity with a tenant in situ currently paying £3,625.96 pa although it is considered that there is scope for a lift in the rent. The Assured shorthold tenancy started in 2017 and is now rolling on a periodic tenancy. The auctioneers have not been able to inspect the property but we are informed that it benefits from Gas fired heating and uPVC double glazing. We are also informed that some repair work is required.
Tenure
Freehold
Location
The property is well located on Arthur Street, approximately 2 miles from Hull City Centre but with local shopping available nearby. Hull is a large port city situated on the east coast and is well connected to Leeds and Manchester via the M62 and York via the A1062.
The accommodation is believed to comprise:
Ground Floor Entrance Hall Lounge: Dining Area Kitchen First Floor Bedroom One Bedroom Two Bathroom Outside To the front of the property there is on-street parking and to the rear of the property, there is a good-sized walled yard with rear pedestrian access.
Services
All mains services are believed to be connected to the property. None of the services or installations have been tested.
Viewings
Internal viewing is subject to arrangement with the tenant and might not be possible.
The property will be offered for sale by online auction with bidding commencing at 12 noon on Monday 22nd May 2023 and closing on Wednesday 24th May 2023 at 3.00pm. For further legal information relating to this lot please log on to auctionhouse.co.uk/hullandeastyorkshire.
Conditions 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.
Energy Efficiency Rating (EPC)
Current Rating D
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 East Riding of Yorkshire Council. From verbal enquiries we are advised that the property is shown in the Council Tax Property Bandings List in Valuation Band 'B'.
Solicitors
TLT Solicitors, PO Box 147, BRISTOL, BS99 7JZ, Tel: Tel : 0330 165 4201 E-Mail - Carly.Blake@TLTsolicitors.com
Offered in association with
Dee Atkinson & 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 - buyer's premium of £900 (£750 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.