•For Sale By Online Auction: 23rd – 24th January 2019
•Guide Price: £39,500+
•Two-bedroom terrace property
•Vacant: Potential rental income of £5,460 per annum
•Potential gross yield of 13.82%
The property is sited towards the end of a pedestrianised cul-de-sac and briefly comprises lounge, dining room and kitchen to the ground floor and two bedrooms and a bathroom to the first floor. The property also benefits central heating throughout and double-glazed windows to the front and rear extension.
To the front of the property there is a small palisade and on street parking is available on Stepney Lane.
This property is located on Victoria Avenue, off Stepley Lane in Hull. Stepney Primary School and Tesco Express are situated within short walking distance of the property. There is also a variety of other nearby amenities within the immediate area.
Hull city centre is located a mile to the south of the property, and Hull university is just one mile to the north via Beverley Road. The train station is just one mile from the property and provides excellent transport links.
Hull was recently awarded City Of Culture status and as a result has seen a wealth of regeneration and numerous employers keen to operate in the area, including Siemens who have a£160 million investment in wind turbine production and installation facilities in Yorkshire and will be based at Alexandra Dock
67 m2 (Measurement taken from the EPC).
We understand the property has mains gas, electricity, water and drainage. However, interested parties should carry out their own investigations.
The property is Freehold
The property is rated in Council Tax Band A, council tax payable (2017/2018) is £947.
2% (min. £3,600) inc. VAT.
If you are thinking of selling your property, contact us now for a free appraisal and benefit from:
•0% Seller Fee
•£0 Entry Fee
•£0 Marketing Costs
•20 Working Day Completion
This property is currently vacant. However, the property could let at £455 pcm (£5,460 per annum). This represents a potential gross yield of 13.82%, based on the guide price.