Postponed
- Residential Development
- 5 Bedrooms
- Tenure: See Legal Pack
Call the team on 01772 772450 for more information
Five Bedroom (Five Bathroom) HMO - Potential Gross Rental Income £20,040pa
Five bedroom (5 bathroom) HMO, arranged over three floors. With potential gross rental income of £1,670 pcm (£20,040 pa). In addition to the rear of the property is a further outbuilding which has the potential to convert to either 2 x one bed flats or 4 further en-suite bedrooms. Internally the property briefly comprises: Ground Floor: Entrance Hallway, Lounge, Dining Room, Kitchen and Rear Lobby First Floor: Four en-suite bedrooms, family bathroom Second Floor: En-suite bedroom Externally there is a gated access to the rear courtyard and outbuilding. Presently we are informed that three of the five rooms are currently tenanted (rents range £350 - £370pcm), producing a current gross income of £1,070 pcm (£12,840 pa). When the two other rooms are tenanted the gross rental income will increase to £1,670 pcm (£20,040 pa).
Tenure
See Legal Pack
Energy Efficiency Rating (EPC)
Current Rating E
Local Authority
Hull City Council
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 - £900 inc VAT payable on exchange of contracts.
Administration Charge - 0.9% inc VAT of the purchase price, subject to a minimum of £1080 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
