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A tenanted two-bedroom mid-terrace house generating a gross income of £3,660pa with potential for uplift after refurbishment.
This two-bedroom id-terrace house provides an excellent investment opportunity, with potential for rent uplift following renovation. The property is sold with a tenant in situ who has occupied for over 10 years and currently pays £305pcm ( £3,660pa). The property is gas centrally heated but is only partly double glazed and would benefit from some refurbishment. Location Fronting Clarence Avenue within a residential location, close to shops and other amenities. Recreational pursuits can be found at Rosmead Playing Field, located nearby. A local bus network services the area, and Hull Paragon Interchange rail station offers further transport options.
Tenure
Freehold
Accommodation (see floor plan)
Ground Floor: Living Room, Dining Area, Kitchen, Bathroom. First Floor: Landing, two Bedrooms. Outside: Small courtyard to the front and rear.
Services
The property is connected to mains water, gas, drainage and electricity but these have not been tested.
Tenure
We understand the property to be Freehold.
Council Tax
Council Tax is payable to the East Riding of Yorkshire Council. Online enquiry lists the property in the Council Tax Property Bandings List in Valuation Band A
Energy Efficiency Rating (EPC)
Current Rating D(67)
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
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 - £720 inc VAT payable on exchange of contracts.
Administration Charge - £900 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.