A GOOD SIZED FIVE BEDROOM MID TERRACE HOUSE OFFERING AN EXCELLENT INVESTMENT OPPORTUNITY.

At approximately 1250 sq ft this good sized, centrally heated and double glazed two storey house provides an excellent opportunity for investors and private buyers to purchase a good sized house in an area that is suitable for student lets. The property is currently occupied under a standard RICS lease for 12 months from 9th January 2015 at a rent of £8,400. The property is licenced for use as an HMO and therefore offers an opportunity for generating a much larger income as student let accommodation. We would estimate that it has potential for generating a gross annual income in the region of £16,800.

Tenure

Freehold. Possession: Subject to a periodic assured shorthold tenancy agreement.

Situation

Ryde Street is situated directly off Beverley Road and is therefore close to an excellent range of amenities, bus routes and the University.

Accommodation

Ground Floor: Hall, Living Room, Bedroom Five, Utility, Shower Room, Bathroom. First Floor: Landing, Bedroom One, Bedroom Two, Bedroom Three, Bedroom Four. Outside: To the rear of the property is a small enclosed yard.

Viewing

Strictly by appointment with Auction House Hull & East Yorkshire on 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.

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.