A PARTLY RENOVATED END TERRACE FIVE BEDROOM RESIDENTIAL INVESTMENT PROPERTY LOCATED OFF NEWLAND AVENUE & CLOSE TO THE UNIVERSITY. IDEAL FOR STUDENTS LETTING BUT REQUIRING COMPLETION OF RENOVATION. THE PROPERTY HAS POTENTIAL WHEN COMPLETED TO GENERATE A GROSS INCOME IN EXCESS OF £20,000 PA

An End terrace house that has previously been let to students and is offered to the market as a part completed residential investment opportunity that requires completion of renovation works. Outstanding work includes completion of plumbing and electrical upgrades, refitting of kitchen and bathroom, final fix joinery, decoration and carpeting. The double glazed accommodation over two floors includes five letting bedrooms, communal lounge, bathroom and kitchen. Based on local rental figures the property is considered capable of achieving a gross rental income when fully let in the region of £20,700 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: Entrance Hall, Bedroom Four, Bedroom Five, Living Room, Kitchen, Bathroom, Separate WC. First Floor: Landing, Bedroom One, Bedroom Two, Bedroom Three. Outside: To the front of the property is a forecourt garden with wrought iron gates that provide an area for off street parking. To the rear is a further enclosed area of rear yard with good sized brick garden shed.

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/Surve

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.