Call the team on 0845 400 9900 for more information
A LARGE THREE STOREY TERRACE HOUSE THAT HAS BEEN CONVERTED INTO FIVE SELF CONTAINED APARTMENTS THAT ARE FULLY LET AND CURRENTLY GENERATE A GROSS INCOME OF APPROX. £20,000 PA.
This substantial mid terrace house extends to approx. 2220 sq ft and has been converted into five self contained flats. The property provides an excellent investment opportunity being fully let and generating a gross income of approximately £21,000 pa. Some of the flats would benefit from some general updating but most of the windows are double glazed and the ground floor flat has gas fired central heating. Tenants are responsible for their own utility costs and council tax. The five flats include a two bedroom ground floor unit, a pair of one bedroom units and two studio units.
Tenure
Freehold. Possession subject to the existing tenancies.
Situation
The property is tucked away in a quiet street off Flamborough Road on the northern side of the town centre. The tree lined area is an ideal location for ease of access to the beach, sea front promenade and the town centre shopping amenities, doctors surgeries, pharmacies, restaurants and hostelries.
Accommodation
Ground Floor: Porch, Flat One: Hall, Bedroom One, Bedroom Two, Kitchen/Living Area, Bathroom. First Floor: Landing, Flat Two: Hall, Kitchen, Living Room, Bedroom, Shower Room. Flat Three: Hall, Kitchen, Living Room, Studio. Second Floor: Flat Four: Hall, Kitchen, Living Room, Bedroom, Shower Room. Flat Five: Studio/Living Area, Bathroom. Outside: To the front of the property is a small forecourt, to the rear a good sized area of garden.
Viewing
Strictly by appointment with Auction House Hull & East Yorkshire on 0845 40 9900.
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.
Joint Agent
Dee Atkinson & Harrison 56 Market Place, Driffield YO25 6AW Tel: 01377 241919
Energy Efficiency Rating (EPC)
Current Rating D
Services
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Local Authority
East Riding of Yorkshire Council
Solicitors
Williamsons Solicitors, 16 Wellington Road, Bridlington, East Yorkshire YO15 2BG , Ref: Mr Richard Bancroft , Tel: 01262 678128
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
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.