SUPERB INVESTMENT OPPORTUNITY.

****STILL AVAILABLE CONTACT US FOR DETAILS***** SUPERB INVESTMENT OPPORTUNITY. This substantial Victorian middle terrace property has accommodation on three floors which during the 1980s was fully modernised and improved under a Government grant scheme. Now divided into two self contained flats with the ground floor flat being a one bedroom and the first and second floor flat provides a spacious three bedroom flat.

Tenure

The property is Freehold. Subject to the existing assured short hold tenancy agreements

Both flats have a separate gas central heating system and part double glazing together with modern kitchen and bathroom facilities.The ground floor bedroom one flat is currently let on an assured short hold tenancy which commenced on the 5th September 2014 and realising an income of £325 per calendar month. Flat two is presently let on a periodic assured short hold tenancy commencing on 20th April 2013 and producing an income of £380 per calendar month. Therefore in total the property generates an annual income of £8,460. Copies of the tenancy agreements are available within the online legal pack or alternatively are available for inspection at the Agents Hessle Office.

Situation

Peel Street is off Spring Bank which in turn is a main arterial road to Hull City Centre connecting with the Western outskirts of the City. The City Centre in an Easterly direction is within a comfortable walking distance although there are an extensive and varied range of shopping facilities on Spring Bank. Also within the vicinity is the attractive tree lined Avenues area of Hull which includes; Princes Avenue, which over recent years has developed into a vibrant area of the City with attractive and popular cafe bars and restaurants. Pearson Park and West Park are also close by with the West Park having the KC Stadium beyond which is the Hull Royal Infirmary situated on Anlaby Road. The area also has regular public transport links to both Hull City Centre and the outlying Western Villages.

Accommodation

Ground Floor: Communal Entrance Hall, Private Entrance Hall giving access to the First and Second Floor Flat Two. Ground Floor Flat One: Lounge, Bathroom, Kitchen, Bedroom. First Floor Flat Two: Landing, Lounge, Dining Kitchen, Bathroom, Bedroom Two. Second Floor: Landing, Bedroom One, Bedroom Three. External: The property has communal shared gardens to both front and rear. The front having an enclosed forecourt style garden with bin store area and the rear being enclosed with garden area.

Council Tax

Council Tax is payable to the Kingston upon Hull City Council. The property is currently shown as listed in Council Tax Band ‘A’. Flat One, 31 Peel Street, Hull – ‘A’. Flat Two, 31 Peel Street, Hull – ‘A’.

Services

All mains services are connected to the property. None of the services or installations have been tested

Viewing

Strictly by appointment through Auction House Hull and East Yorkshire 0845 400 9900

Joint Agent

Dee Atkinson & Harrison 6 Hull Road Hessle HU13 0AH Tel: 01482 644515

Energy Efficiency Rating (EPC)

Current Rating TBC

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Hull City Council

Solicitors

Jane Brooks Law, 2 – 4 George Street, Cottingham, HU16 5QU, Ref: Ms Stephanie Sadofsky, Tel: 01482 848101

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.