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£40,000 guide price

1 bedroom apartment for sale

Abbey Street, Holderness Road

£40,000 guide price

1 bedroom apartment for sale

Abbey Street, Holderness Road

Description

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Property features

  • INVESTMENT OPPORTUNITY
  • First Floor Studio
  • Generating £250pcm (£3000pa) Gross Income
  • 6% Return with Scope to Improve
  • Modern Kitchen and Bathroom
  • Gas Central Heating and Double Glazing

Property description

***INVESTMENT OPPORTUNITY***This first floor studio is being sold as an investment with a sitting tenant. The property is currently let on an assured shorthold tenancy which commenced 29th January 2016 and is currently operating on a statutory periodic basis, generating £250 pcm (£3000pa). The building is a conversion of a period property and lies close to a host of amenities and benefits from excellent access into and out of the city centre. The accommodation is gas centrally heated and double glazed and includes a modern kitchen with oven and hob and bathroom with shower over the bath. An affordable investment generating a 6% gross return

Communal Hallway
With individual post boxes and stairs leading up to the first floor

Private Entrance Hall
Laminate wood flooring

Open Plan Living/Kitchen/Bedroom - 18' 5'' max x 15' 11'' max(5.61m x 4.85m)
The open plan studio is L-shaped with 2 uPVC double glazed windows to the front elevation, laminate wood flooring and a radiator. The kitchen area has been fitted with a range of modern wall and base cabinets in a light oak effect finish, black granite effect roll top work surfaces and splash back tiling above. There is an integrated oven and gas hob, plumbing for an automatic washing machine and the boiler is neatly concealed within the end kitchen wall unit

Bathroom - 7' 10'' x 4' 9'' (2.39m x 1.45m)
Fitted with a white suite comprising a panelled bath and matching pedestal wash hand basin and button flush low level WC. The walls are part tiled with a fitted extractor fan, tiled floor and a chrome effect towel rail radiator

Agents Notes
Please note:In most cases we use wide angle lens photography to ensure we capture as much of the room and its features. This can distort the image slightly and should be considered alongside the other details within the particulars.Free Valuation:If you are considering selling your property we would be delighted to provide a free valuation and marketing advice. Please contact the office on[use Contact Agent Button] to arrange an appointment.Fixtures and Fittings:Fixtures and fittings within the property may be available by separate negotiation unless otherwise stated. Any items of particular importance to you can be verified with our team.

Lease Details
The property has a service charge which is currently set at £1624.25 per annum

Property information from this agent

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Map

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Nearby services within a 3 mile radius

Stations
Schools
Food stores
Health

Street view is not available at this location

Floor plans

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Call 01482 763874

DISCLAIMER

Property reference 9404735. 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. This property advertisement does not constitute property particulars. The information is provided and maintained by Oscars Estate Agents - Hull. Please contact the selling agent directly to obtain any information which may be available under the terms of 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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