Auction Property 1 Bed House - Terraced 

Cyprus Street, Hull

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Features

  • Auction date: 26th & 27th August 2020
  • Mid terrace house
  • Accommodation over two storeys
  • One bedroom
  • Approximately 57 Sq. M (619 Sq. Ft)
  • Potential income of £4,500 per annum
  • Potential gross yield of 15.25%
  • Freehold
  • Close to all amenities

Quick Details

1 Bedroom2 Receptions1 Bathroom

Address

9 Cyprus StreetHullYorkshireHU9 5QX
Details
EPC
Map
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Property Details

•For Sale By Online Auction – 26th & 27th August 2020
•Guide Price: £29,500+
•Mid terrace house
•Vacant: Opportunity to Add Value
•Freehold

This one bedroom mid terrace property is conveniently located and is served by good road links and regular transport services into and around Hull City Centre.

The accommodation is arranged over two storeys, the ground floor briefly comprises an entrance porch, lounge with feature fireplace, a separate dining area and a modern kitchen.

The first floor includes one spacious double bedroom and a family shower room. The property is neutrally decorated throughout and enjoys a Vaillant gas central heating boiler and uPVC double glazing.

Externally the property has a small garden to the front and a yard area to the rear.

Accommodation

Lounge – 3.41m x 4.56m (max)
Dining area – 2.83m x 2.65m
Kitchen – 4.53m x 2.71m
Bedroom – 3.61m x 3.41
Shower room – 2.51m x 2.47m

Total Approx. 57.51 Sq. M (619 Sq. Ft)

Services

We understand the property to have mains gas, electricity, water and drainage.

Tenure

Freehold

Investment Analysis

This property could make an ideal buy to let and is located in an area with good rental demand. We estimate the property will let for approximately £375 pcm, (£4,500 pa) this would represent a gross annual yield of 15.25% based on the guide price.

Council Tax

The property is rated in Council Tax Band A. Council Tax payable (2020/21) is approximately £1,120.

Guide Price

£29,500+

Buyer’s Premium

2% (min. £3,600) inc. VAT

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