This property is no longer on the market
1 bedroom flat
Key information
Property description & features
- Tenure: Leasehold
This property is an ideal investment opportunity for first-time and experienced investors. The property comprises a maisonette apartment with living room and kitchen on the first floor and a bedroom and bathroom on the second floor. The property is double-glazed throughout and has the benefit of gas-fired central heating. Although in need of redecoration and some updating, it is priced to reflect this and provides an excellent opportunity to generate a strong annual yield.
Location
The property has on-street parking and is a short distance from both Hull City Centre and Hull Royal Infirmary. The property has an array of local amenities such as bars, shops and takeaways. This property has an abundance of potential.
Accommodation
On the first floor
Hall
Lounge
With double glazed sash style window to the front and a radiator.
Kitchen
Fitted kitchen with a range of base units, work surfaces, electric cooker point, stainless steel sink, boiler, radiator and double glazed sash style window to the front.
Second Floor
Landing
Bedroom
With double glazed velux style window to the front, eaves storage and a radiator.
Bathroom
With panelled bath with mixer tap serving the over bath shower, low-level W/C, pedestal wash hand basin, radiator and double glazed Velux style window.
Services
Understood to be connected to mains electric, water, gas, and drainage but the services have not been tested.
Tenure
The property is understood to be Leasehold and offered with the benefit of vacant possession upon completion. 99 years from 25th December 2006. Full details of the lease will be available in the legal pack.
Ground Rent - Peppercorn
Service Charge: One third of the total for the building. We do not have details of any previous payment amounts.
Council Tax Band
Council Tax is payable to the East Riding of Yorkshire Council. The property is shown on the Council Tax Property Bandings List in Valuation Band A.
Viewing
Strictly by appointment with the Auctioneers on[use Contact Agent Button]
Method of Sale
The property will be offered for sale by online auction with bidding commencing on Monday 8th January 2024 and closing on Tuesday 9th January. For further legal information relating to this lot please log on to auctionhouse.co.uk/hullandeastyorkshire.
Conditions of Sale
The property will be sold subject to conditions of sale, copies of which will be available for inspection at the auctioneer’s offices, with the solicitors and on-line at auctionhouse.co.uk/hullandeastyorkshire prior to the date of the auction.
Additional Fees
The purchaser will be required to pay an administration charge of £1,560 (£1,300 plus VAT) and a buyer’s premium of £600 (£500 plus VAT) in addition to the purchase price of the property.
Guide Price
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Disbursements
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Online bidding
If you want to bid on this property, copy and paste the link below into your URL bar or into a Google search and it will take you to a video that explains the process: youtube.com/watch?v=ImXr4HXR36c
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*DISCLAIMER
Property reference dah_782082946. 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 Dee Atkinson & Harrison - Auction House, Hull & East Yorkshire.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on May 5, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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