A purpose-built two-bedroom first-floor apartment in need of basic cosmetic refurbishment.

This two-bedroom first-floor apartment, located in this purpose-built development, offers an ideal opportunity for investors to purchase a property that is a little tired and would benefit from a manageable refurbishment programme. The property has been let for many years but is now vacant, presenting an opportunity to carry out improvements before reletting. Principally, the bathroom, decorations, and floor coverings let it down, and depending on the level of refurbishment, we believe a gross rental income of £675 to £725 pcm could be achieved (interested parties should carry out their own research to confirm these predictions).

Tenure

Leasehold

Location

Situated just off the ever-popular Howdale Road, it is well positioned for local shops and amenities as well as nearby Sutton Village and its range of facilities. The property also enjoys excellent transport links around the City.

Accommodation

Communal Entrance - Intercom controlled front access door into communal entrance hallway with mailboxes. First Floor Communal Landing Entrance Hallway Internal door into apartment hallway with laminate flooring and storage cupboard and cupboard housing the hot water tank. Storage heater. Lounge An L-shaped lounge with dining area. Laminate flooring and uPVC window and double French doors to a Juliet balcony. This area has two storage heaters. Kitchen Fitted shaker-style base units with contrasting work surfaces, stainless steel sink/drainer. Plumbing for an Automatic washing machine, space for an electric cooking appliance, and a free-standing fridge freezer. Kick space fan heater. Bedroom One With laminate flooring and uPVC window to rear aspect. Electric convector heater. Bedroom Two With laminate flooring and uPVC window to rear aspect. Electric convector heater. Bathroom With a panel bath, low-flush WC, and hand wash basin. Heated towel rail, electric wall heater and extractor fan. Outside The property is set in communal gardens whilst to the rear of the property there is an allocated parking space.

Tenure

The property is Leasehold. We understand the lease to be 999 years from 1/1/1991; however, this should be verified via the legal pack.

Council Tax

Council Tax band A payable to Kingston upon Hull City Council

EPC

TBC

SERVICES

It is understood that mains drainage, mains water and electricity are laid to the property. Electric heating and windows are double glazed with uPVC framed sealed units. None of the services or associated appliances have been checked or tested.

Viewing

Strictly by appointment with the auctioneers on 0845 400 9900.

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

Richard Fairbank, Bridlington, Ref: Williamsons Solicitors

Additional Fees

Buyer's Premium - The purchaser will be required to pay a buyer's premium of £1,200 (£1,000 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% inc. VAT is subject to a minimum of £900 (£750 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.