5 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Freehold
- Easy Reach of Hull University
- Popular Buy to Let Area
- Great Value for Money
- Rent £975pcm (Bills Excluded)
- 2 Year Contract in Place
- x2 Bathrooms
- x5 Bedrooms
- Licensed HMO
- T&C's Apply
- Reservation Fee Applicable
*Guide Price £140,000-£150,000 plus Reservation Fee*
Take a look at this reasonably priced five bedroom HMO with full license and historic use dating back approximately ten years. The property is currently let to a housing association with a contract in place until the 22nd June 2025 paying £975pcm. The new owners could potentially extend this contract if they wish or let it on a room by room basis with a potential gross annual income of approximately £21,000. The accommodation briefly comprises entrance hall, communal lounge, bedroom four, fitted kitchen, rear lobby and ground floor shower room. To the first floor two bedrooms and a large bathroom and to the second floor two further bedrooms. The property boasts approximately 1830 square feet of living accommodation and is located within easy reach of Newland Avenue and Princes Avenue which have a great choice of local cafe bars, shops and restaurants and is considered one of Hull’s most popular buy to let areas . This property would make a great addition to anyone's portfolio and is brought to the market at a competitive price to attract early interest.
Disclaimer
Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 2% to a minimum of £2500 plus VAT. The Reservation Fee is paid on top of the purchase price & deemed a part of the chargeable consideration when calculating Stamp Duty for the property.
The property has a Ready Sale Pack, which gives additional information regarding the property. It is the Buyer’s responsibility to request & examine the Ready Sale Pack before committing to purchase the property. We advise you also carry out your own due diligence prior to making an offer.
The Buyer is required to verify their ID & show proof of funds.
Rezee offer additional services, such as conveyancing, financial advice, surveying & other services associated with selling & buying a property. Rezee may receive a referral fee for these third party services.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
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Tenure; Freehold
Council Tax Band; B
Places of interest
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*DISCLAIMER
Property reference S855582. 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 Rezee - Hull.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on February 5, 2024
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
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 5, 2024
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: obtained on July 19, 2023 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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