Boulevard
Hull, HU3

£25,000 Guide price
Yield:15%
Market Rent:£425
111
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Features

Features

  • Popular Residential Location
  • Close to Local Amenities
  • Good Transport Links
  • 1 Bedroom
  • Outside Space
  • For Sale by Modern Auction – T & C’s apply
  • Subject to Reserve Price
  • Buyers fees apply
  • The Modern Method of Auction
  • Council Tax Band: A
Description

Description

Tenure: Leasehold

INVESTORS ONLY

Of interest to investors, offered to the market with a tenant in-situ, this property is an ideal opportunity for an investor wanting to to increase their property portfolio.  The property is offered for sale through the Modern Method of Auction which is operated by iamsold Limited (T&C's and buyer fees apply).

Situated in close proximity to Hessle Road providing easy access to an array of shops, schools and amenities, as well as excellent transport links to Hull City Centre.

This one bedroom flat briefly comprises of a lounge, kitchen and bedroom and bathroom located on the ground floor of the building.

Externally there is a rear garden to which the flat has access.

EPC rating: D. Council tax band: A, Domestic rates: £1385.81, Tenure: Leasehold, Annual ground rent: £75, Annual ground rent review period (years): 10, Annual service charge: £1200, Annual service charge review period (years): 1, Service charge description: Payable monthly on first of the month. An additional £300 per annum is payable to the landlord as an administration fee for carrying on the maintenance duties contained in schedule 5 of the lease. This sum shall be reviewed by the landlord in every 10th year of the lease. ,

External Approach

The property is set back from the main highway with a small walled frontage, gated access and path to the front door.

Communal Hallway

Access via a wooden door and providing access to the two ground floor flats, with staircase to upper floors.

Lounge

3.76m x 4.56m (12'4" x 15'0")

Direct entry into the ample sized lounge from the entrance hallway. UPVC window overlooking the rear aspect and carpet to flooring.

Doors providing access to the Kitchen and Double Bedroom.

Note: Currently used as the bedroom

Bedroom

3.73m x 4.56m (12'3" x 15'0")

Accessed from the lounge, double bedroom with UPVC bay window overlooking the front aspect of the property. Carpet to flooring.

Kitchen

2.12m x 2.85m (6'11" x 9'4")

Accessed from the lounge, the kitchen comprises a range of base and wall units in wood effect with laminate worktop, stainless steel single bowl sink with tiled splashback.

Cooking appliances consist of electric oven and gas hob with chimney extractor hood overhead.

Space / plumbing for washing machine.

UPVC window overlooking rear yard, door providing access inner lobby through to bathroom.

Rear Lobby

2.12m x 0.80m (6'11" x 2'7")

Providing access to the ground floor bathroom and to the rear garden via a UPVC door.

Bathroom

2.17m x 1.67m (7'1" x 5'6")

Ground floor bathroom, white three piece suite comprising low level toilet and cistern, pedestal basin and bath with integrated bath taps / handset and tiled walls to wet area. Tiled floor.

UPVC window overlooking rear yard.

Rear Garden

The flat has the shared use of the rear garden.

Services

Mains gas, water, electricity and drainage are connected to the property.

Services, fittings & equipment referred to in these sale particulars have not been tested (unless otherwise stated) and no warranty can be given as to their condition.

Parking

Parking is available on-street only

Heating

The property has the benefit of a gas fired central heating system (not tested).

Tenure

The property is leasehold and there is 108 yrs remaining on the lease..

Council Tax

Council Tax is payable to the East Riding Council. The property is shown in the Council Tax Property Bandings List in Valuation Band 'A'.

Auctioneers Note 1

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties personal data will be shared with the Auctioneer (iamsold Ltd).

If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack.

The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.

Auctioneers Note 2

Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional.

Agents Note

The tenant is a social housing provider who has a five year lease agreement in place with a three month break clause for either party.

The current rent is £425pcm.

Documents

Documents

EPC Certificate
Download

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