£48,000 Guide price

2 bedroom Flat for sale,
Hull, East Yorkshire, HU8

Steven Goforth  Branch Manager
Steven Goforth
Branch Manager and Valuer
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Features and Description

  • GUIDE PRICE £48,000 - FOR SALE BY MODERNE AUCTION VIA OUR PARTNER AGENTS, AUCTION HOUSE NORTH EAST
  • A superb two-bedroom duplex apartment offered exclusively to investors with tenant in situ with a rental income of £600 per month.
  • This offering promises a lucrative yield, making it an attractive proposition for those seeking to capitalise on Hull's thriving rental market.
  • With a lease spanning over 985 years, stability and longevity are assured, ensuring enduring value and peace of mind for prospective buyers.
  • Spanning the first and second floor levels, this spacious duplex apartment offers nearly 800 ft² of meticulously crafted living space.
  • Well-maintained by the current tenant, the accommodation exudes comfort and style.
  • Details regarding ground rent and maintenance charges are forthcoming, ensuring transparency and clarity for potential buyers.
  • With a council tax band 'A' payable to Hull city council and an EPC grade of D, this property exemplifies both investment potential and comfortable living.

GUIDE PRICE £48,000 - FOR SALE BY MODERN AUCTION VIA OUR PARTNER AGENTS, AUCTION HOUSE NORTH EAST

A superb two-bedroom duplex apartment offered exclusively to investors with tenant in situ with a rental income of £600 per month, this offering promises a lucrative yield, making it an attractive proposition for those seeking to capitalise on Hull's thriving rental market. With a lease spanning over 985 years, stability and longevity are assured, ensuring enduring value and peace of mind for prospective buyers.

Situated within the esteemed former sheriff house, this property boasts a rich history and a captivating blend of architectural styles, blending the grandeur of old-world charm with the sophistication of modern development. Upon arrival, you’ll be captivated by the seamless integration of meticulously converted individual apartments within the historic structure, complemented by the addition of high-quality new builds. Nestled at the forefront of this prestigious development, this property presents a unique opportunity for discerning investors.

Spanning the first and second floor levels, this spacious duplex apartment offers nearly 800 ft² of meticulously crafted living space. Well-maintained by the current tenant, the accommodation exudes comfort and style.

Upon entering, a grand communal entrance hall sets the tone, leading to a first-floor landing area. Inside the apartment, a central hallway provides access to a comfortable sitting room, a well-appointed fitted kitchen, and a spacious bedroom, alongside a thoughtfully designed bathroom. Ascending to the first floor, another double bedroom awaits offering versatility and privacy.

Externally, the development is complemented by its own grounds, featuring an allocated parking space for added convenience.

Details regarding ground rent and maintenance charges are forthcoming, ensuring transparency and clarity for potential buyers.

With a council tax band 'A' payable to Hull city council and an EPC grade of D, this property exemplifies both investment potential and comfortable living.

Lease Details: 999 Years Commencing On And Including 1 September 2011

Administration Fee: £1200 inc VAT payable on exchange of contracts.

Buyer's Premium Fee: £1800 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Charges

The costs for 9 Tower Park Mews are as follows:Service ChargeTPM Management £000 per yearGround RentNominal £150 per year

Auctioneer's Notes

Property construction - StandardElectricity supply - MainsWater supply - MainsSewerage - MainsHeating – GasBroadband - Standard Speed - 22 mbpsMobile signal / coverage –O2/ Vodafone /EE/ Three – Very GoodParking – Resident ParkingBuilding Safety – See Legal PackRestrictions – Yes See Legal Pack – Holderness Road East Conservation AreaRights and easements - See Legal PackFlood risk – LowCoastal erosion –LowPlanning permission – See Legal PackAccessibility / adaptions - See Legal PackCoalfield or mining area - See Legal Pack

Notes

Tenure: LeaseholdLease Details: 999 Years Commencing On And Including 1 September 2011EPC Rating: DAdministration Fee: £1200 inc VAT payable on exchange of contracts.Buyer's Premium Fee: £1800 inc VAT payable on exchange of contracts.Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our 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. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

Tower Park Mews, Hull, East Yorkshire, HU8

Additional Information

  • Property ref
    HUL240298
  • EPC
    D
  • Tenure
    Leasehold
  • Council Tax
    A
  • Local authority
    Hull City Council
  • Ground Rent
    £150
  • Ground Rent Review
    Contact the branch
  • Service Charge
    £1,000
Steven Goforth  Branch Manager
Steven Goforth
Branch Manager and Valuer

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Reeds Rains Estate Agents Hull

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508 Holderness Road, Hull, HU9 3DS
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Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

59

Potential

75

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A