Hull Investment Opportunity
Property Overview
- 2 Bedrooms
- 1 Bathroom
- Mid Terraced property
Financial Information
- Yield 8.57%
- Market Rent £550pcm
Location Information
- The property is located off James Reckitt Avenue and is just a couple of minutes walk to Holderness Road.
- Holderness Road offers a range of local amenities, including independent shops, bars, cafes and takeaways.
More Information
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Detailed Description
Description
We believe this property works best at 75% or less based on an interest rate of 5%.
The property is a traditional fore-courted 2 bedroom mid terraced house over two floors. The property is of standard brick and tile construction and benefits from having been extensively refurbished to a very good standard in recent years. The property is located off Holderness Road meaning it is a short walk from local amenities including bars, cafes, and shops. Hull city centre is only 1.5 miles away but there are multiple bus stops close by with routes into and around the city.
The windows to the property are all UPVC double glazed as are both the front and back doors. The property has gas central heating with an ‘Ideal’ combi-boiler which is in located in the second bedroom and is under warranty.
The property’s recent refurbishment in 2020, included replastering, a new kitchen, new boiler, internal doors, redecoration and flooring.
The accommodation beyond the attractive frontage of the property comprises of a front facing reception room with bay window, leading through to a modern fitted dining kitchen with base and eye level units and integrated oven and hob. The space is both bright and eye catching and with a good sized dining space it is sure to appeal to a variety of tenants.
Beyond the kitchen is an inner lobby which leads through to the bathroom, houses a convenient storage cupboard and provides access to the rear courtyard though a UPVC double glazed back door. The bathroom is an ideal family bathroom with an electric shower over bath, wc and basin.
A staircase off the dining space provides access to two well proportioned double bedrooms, decorated in neutral tones and with good quality carpets underfoot.
Outside there are enclosed low maintenance courtyards to the front and rear of the property, the rear yard benefits from a large useful storage shed.
Buyers premium of £3,600 inc VAT is payable upon completion. Non refundable reservation fee of £1,500 plus VAT which is deducted from the buyers premium is due upon sale agreed.
To receive the full brochure you must register on our exclusive buyers database here.