RESIDENTIAL INVESTMENT PROPERTY PROVIDING TWO SELF CONTAINED TWO BEDROOM FLATS
The property comprises a two storey mid terraced property which has been converted into two self contained two bedroom flats. The property benefits from double glazing, good room sizes and gas central heating. The property also benefits from a rear yard area.
Summary The property comprises a two storey mid terraced property which has been converted into two self contained two bedroom flats. The property benefits from double glazing, good room sizes and gas central heating. The property also benefits from a rear yard area.
Location The property is situated on Boulevard, Hull which is a well established
residential area. The property is approximately 1.5 miles from Hull City
Centre and 2 miles from the A63. The property is located close to Hessle
Road, which provides a secondary retail parade with Convenience
Stores in close proximity.
Accommodation Flat 1 - 587 SQ FT - 54.53 SQ M
Flat 2 - 798 SQ FT- 74.13 SQ M
Service Charge There is no service charge implemented on this property.
Tenure Freehold, subject to existing tenancies.
Tenancy Information Flat 1 - £400 per calendar month (£4,800 per annum.).
Flat 2 - £495 per calendar month (5,940 per annum).
Price Total income of £10,740 per annum with purchase price of £124,950
provides a net initial yield of 8.45% after purchaser's costs of 1.83%.
Central Heating The property has the benefit of gas central heating.
Double Glazing The property has the benefit of double glazing.
Council Tax Council Tax is payable to the Kingston Upon Hull City Council. From verbal enquiries we are advised that the property is shown in the Council Tax Property Bandings List in Valuation Band A.*
Fixtures & Fittings Certain fixtures and fittings may be purchased with the property but may be subject to separate negotiation as to price.
Disclaimer *The agent has not had sight of confirmation documents and therefore the buyer is advised to obtain verification from their solicitor or surveyor.
Viewings Strictly by appointment with the sole agents.
Mortgages We will be pleased to offer independent advice regarding a mortgage for this property, details of which are available from our Hull - Newland Avenue office on 01482 343399. Independent advice will be given by Licensed Credit Brokers. Written quotations on request. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.
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