This modern 3 storey, house is offered as an oven ready investment that currently provides an excellent income through Student and corporate lettings. The property is fully furnished and generates an income after deduction of outgoings of approximately £18,000 pa. There is double glazing throughout, gas central heating and two dedicated parking spaces.
Location
The house forms part of a small cul-de-sac development at the head of Ash Grove which
is directly off Beverley Road, Hull in the heart of the student area with the University
situated on Cottingham Road within a close vicinity. There is also an excellent range of
supermarket and local shopping situated on Cottingham Road/Newland Avenue and a
choice of popular cafés/bars. Pearson Park is also close-by and there are regular public
transport links to Hull City Centre to the south.
Accommodation
Ground Floor: Entrance Hall, WC and open plan living room and fitted kitchen with appliances.
First Floor: Landing, two double bedrooms, shower room.
Second Floor: Landing, two further double bedrooms.
Outside: The property is completed with an enclosed garden area. In addition there are two private parking spaces available opposite the property.
Services
All mains services are connected to the property but have not been tested.
Tenure
The property is freehold and is sold subject to the existing tenancy agreements copies of which will be included in the legal pack.
Council Tax
Council Tax is payable to Hull City Council. Online enquiry lists the property in the Council Tax Property Bandings List in Valuation Band B.*
Viewings
Strictly by appointment with the sole agents.
Method of Sale
The property will be offered for sale by online auction with bidding commencing at 12.00 pm on Monday 27th January 2025 and closing on Wednesday 29th January at 1.00pm. For further legal information relating to this lot please go 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 £900 (£750 plus VAT) and a buyer’s premium of £600 (£500 + 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.
Solicitor
TBC
Tenure : Freehold
Council Tax Band : B
