A MID TERRACE FIVE BEDROOM RESIDENTIAL INVESTMENT PROPERTY LOCATED OFF NEWLAND AVENUE & CLOSE TO THE UNIVERSITY. PREVIOUSLY LET TO STUDENTS BUT REQUIRING SOME UPDATING THE PROPERTY HAS POTENTIAL TO GENERATE A GROSS INCOME IN THE REGION OF £17,280 PA

A mid terrace house that has previously been let to students and provides centrally heated and double glazed accommodation over two floors including five letting bedrooms, communal lounge, dining room, bathroom and kitchen. The property is offered to include all remaining furnishings but would benefit from some general maintenance. Based on previous rental figures the property is considered capable of achieving a gross rental income when fully let in excess of £17,000 per annum.

Tenure

Freehold. Vacant possession on completion.

Situation

Lambert Street is situated between the vibrant Newland Avenue and Beverley Road 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, Dining Room, Kitchen. First Floor: Landing, Bedroom One, Bedroom Two, Bedroom Three, WC, Bathroom, Hallway, Lobby, Bedroom Four. Outside: To the front a small forecourt and enclosed rear 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.