For Sale By Auction | 6.30pm , 20 March 2019 | Lot 3

9 Beatty House, Compass Road, Hull , East Yorkshire, HU6 7BQ

Sold £43,250

  • Flat
  • 2 Bedrooms
  • Tenure: The property is held under leasehold title details of which will be available in the legal pack. The current service charge is £650 pa and the ground rent is £50pa.

Call the team on 0845 400 9900 for more information

Auction Date

Wed 20/03/2019

Auction Time

6.30pm

Auction Venue

Unknown

EXCELLENT INVESTMENT OPPORTUNITY IN A POPULAR LOCATION OFF BEVERLEY ROAD. LET ON AST PRODUCING £3,900PA EQUATING TO A GROSS YIELD OF OVER 11% BASED ON THE LOWER GUIDE PRICE.

***SOLD NOW TAKING ENTRIES FOR OUR NEXT AUCTION 15th MAY CONTACT US FOR FURTHER DETAILS*** Located on the Northern outskirts of the City this property is another great investment opportunity for anyone looking for a ready made investment with a current income stream. Currently let on an AST to a long term tenant, the property produces a gross rent of £3,900 representing a yield of over 11%.

Tenure

The property is held under leasehold title details of which will be available in the legal pack. The current service charge is £650 pa and the ground rent is £50pa.

Situation

Beatty House is located on Mizzen Road which runs from Beverley High Road, enjoying good local facilities including shops as well as a Tesco supermarket, public transport and schools. Also very convenient travelling distance for Hull City centre, the Beverley Bypass and for Kingswood Retail Park.

Accommodation

Second Floor: Hall, Living Room, Dining Room, Kitchen, Bedroom One, Bedroom Two Bathroom.

Viewing

Strictly by appointment through Auction House Hull & East Yorkshire on 0845 400 9900 or the joint agents.

Joint Agent

Dee Atkinson & Harrison 11 Market Place Beverley East Yorkshire HU17 8BB Tel: 01482 866844

Services

All mains services are connected to the property. The services have not been tested by Auction House

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

Irwin Mitchell , 2 Wellington Place, Leeds, LS1 4BZ, Ref: Doug Robertson

Offered in association with

Dee Atkinson and 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

Administration Charge - The purchaser will be required to pay an administration charge of £750 (£625 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.