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A THREE STOREY MID TERRACE INVESTMENT PORPERTY THAT HAS BEEN CONVERTED INTO THREE SELF CONTAINED FLATS (TWO LET AND ONE VACANT) CAPABLE OF GENERATING A GROSS RENT OF APPROX £10,440 PA WHEN FULLY LET.
A mid terrace three storey house that has been converted into three self contained flats that generate an excellent rental income. One flat is currently vacant and would benefit from some redecoration but the other two units are let on assured shorthold tenancies. The current gross rent received from the let units is £600 pcm but when fully let the building produces a gross income of £10,440 pa. Each flat has gas fired central heating and most windows are double glazed.
Tenure
Freehold. Possession: Subject to a periodic assured shorthold tenancy agreement.
Situation
Coltman Street is accessed from Hessle Road or Anlaby Road and is in close proximity to the KC Stadium and Hull Royal Infirmary
Accommodation
Ground Floor: Entrance Hall, Flat A: Hall, Sitting Room, Kitchen, Bathroom, Bedroom. Flat B: Kitchen, Hall, Sitting Room. First Floor: Flat B: Landing, Bedroom, Bathroom. Flat C: Hall, Sitting Room, Kitchen, Bathroom. Second Floor: Flat C: Landing, Bedroom One, Bedroom Two. Outside: There is a small forecourt garden to the front and further garden to the rear.
Viewing
Strictly by appointment with Auction House Hull & East Yorkshire. Hessle office 01482 644515.
Services
All mains services are connected to the property. NB. Services, apparatus and equipment have not been tested by Auction House Hull & East Yorkshire and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor.
Joint Agent
Dee Atkinson & Harrison 6 Hull Road Hessle HU13 0AH 01482 644515
Agents Note
Subsequent to the commencement of marketing we have been made aware the there is Japanese Knotweed in the garden of this property. Purchasers will therefore need to take into account the cost of removal of this as part of their buying decision.
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
Hull City Council
Solicitors
Askew Bunting , 56-62 Borough Road, Middlesbrough TS1 2JH, Ref: Mr Andrew Dixon, Tel: 01642 252555
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
Administration Charge - Purchasers will be required to pay an administration fee
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.