A RESIDENTIAL INVESTMENT PROPERTY COMPRISING TWO SELF CONTAINED FLATS PREVIOUSLY PRODUCING A RENTAL INCOME OF £6,960 PER ANNUM.
***SOLD NOW TAKING ENTRIES FOR OUR NEXT AUCTION 20TH MARCH CONTACT US FOR FURTHER DETAILS*** This semi-detached property formerly comprised of a ground floor shop with a flat over but more recently has been converted into two self-contained one bedroom flats. Although currently vacant, each flat has previously been let at a monthly rental of £290 giving a total gross annual return of £6,960. Each unit has gas central heating and is partly double glazed. Although some cosmetic improvement would be beneficial, this would, in the agent's opinion, lift the rental value.
The flats are located on Newbridge Road, close to the Southcoates Lane end, just a few minutes walk from the busy Holderness Road.
Ground Floor: Communal Hall, Flat 1: Living Room, Hallway, Kitchen, Shower Room, Bedroom. First Floor: Flat 2: Living Room, Kitchen, Shower Room, Bedroom. Outside: Rear yard with pedestrian access.
All mains services are connected to the property. These have not been tested by Auction House.
Strictly by appointment through Auction House Hull & East Yorkshire on 0845 400 9900
Energy Efficiency Rating (EPC)
Current Rating D
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Hull City Council
Graham & Rosen , 8 Parliament Street, Hull, HU1 2BB, Ref: Mr Tim Hale , Tel: Tel: 01482 323123
Offered in association with
Buyer's Premium - The purchaser will be required to pay a buyers premium charge of £2,200 inc. VAT in addition to the administration charge for the property.
Administration Charge - The purchaser will be required to pay an administration charge of £900 (£750 plus VAT) in addition to the purchase price of the property.
Disbursements - Please see the legal pack for any disbursements 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.