1 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold
- Sold with Tenant in Situ Achieving £450pcm
- Well Maintained Spacious Flat
- Leasehold
- Cosmetically Enhanced
- Good Transport Links to the City Centre
- Perfect Addition for Portfolio Landlord or New Investor
Investor Alert. An opportunity to either start a portfolio, or add one, with a rental offering gross yield of nearly 11%.
A ground floor one bedroom apartment in a building with 3 other rental properties. Situated in a popular rental area close to Hull Royal Infirmary and KCOM stadium with easy access to shops and public transport.
The building has had exterior works including: roof, guttering and partial rendering. This apartment has had new flooring, new electric heating system, new extractor fan and is newly re-decorated throughout. It has uPVC double glazing and a small but functional fitted kitchen.
This property is being sold with tenant in situ, paying £450pcm.
COUNCIL TAX BAND A.
This is a leasehold property, we are informed that the leasehold details are:
Lease Length - 125 years remaining from 2016
Ground Rent - £250 per annum, plus 25% building insurance which in 2024 was £354.67.
Both ground rent & building insurance have been paid for 2024 and included as part of the sale.
Places of interest
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Property reference L797602. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Lime Property - Hull.
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Broadband availability and predicted speed: obtained from Ofcom on January 7, 2022
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 7, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
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Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
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Energy Performance data and Internal floor area: obtained on April 22, 2018 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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