A DETACHED RESIDENTIAL INVESTMENT PROPERTY LOCATED BETWEEN PRINCES AND NEWLAND AVENUE & CLOSE TO THE UNIVERSITY. PREVIOUSLY LET TO STUDENTS. POTENTIAL GROSSS INCOME IN THE REGION OF £20,540 PA

This three-storey detached house offers investors and private buyers an opportunity to purchase a good sized property that provides centrally heated and double glazed accommodation that has previously been let to students. The property requires attention to some structural movement and general repair but is offered with all furnishings included. In addition to the large living room and modern kitchen there are up to 5 letting bedrooms and two bathrooms. There is an off street parking space to the front and garden to the rear. It is estimated that when fully let the property is capable of producing a gross income in excess of £20,540 per annum.

Tenure

Freehold

Situation

Chestnut Avenue is situated close to the vibrant Newland and Princes Avenue districts and also lies within easy reach of the University. The location provides excellent shopping and social amenities as well as a regular bus service to the University and city centre.

Accommodation

Ground Floor: Hall, Living Room, Bedroom Five, Kitchen, Dining Area, Bathroom. First Floor: Landing, Bedroom Three, Bedroom Four, Bathroom, Separate WC. Second Floor: Landing, Bedroom One, Bedroom Two. Outside: The front forecourt provides off street parking space for two small cars. To the rear is an enclosed area of garden.

Viewing

Strictly by appointment with Auction House Hull & East Yorkshire. 0845 400 9900.

Introducer Agent

PPH Commercial The Hesslewood Estate Ferriby Road Hessle HU13 0LG. Tel: 01482 648888

Services

All mains services are connected to the property. NB. Services, apparatus and equipment have not been tested by Auction House Hull & East Yorkshire and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor.

Agents Note

In addition to the structural movement that prevented a previous purchaser obtaining mortgage finance, at the time of going to press investigations are in hand to ascertain whether Japanese knotweed is present at the property as the possibility of its presence has been reported to us. A copy of the findings of this professional investigation will be included within the legal pack.

Energy Efficiency Rating (EPC)

Current Rating F

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

Gosschalks, Queens Gardens, Kingston Upon Hull, HU1 3DZ, Ref: Mr N Johnson, Tel: 01482 324252

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.