SUBSTANTIAL THREE STOREY HOUSE DIVIDED INTO THREE SELF CONTAINED FLATS ALL FULLY LET AND PRODUCING A GROSS INCOME OF £10,956 PER ANNUM

Producing a gross income of £10,956, this fully let three storey property is divided into three separate flats at ground, first and second floor levels.

Tenure

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

Description

Each flat enjoys its own separate gas central heating system from a combination boiler together with replacement double glazed windows. There have also undergone extensive improvement and modernisation works in recent years and have a modern kitchen and bath/shower room sanitary-ware. The fabric of the building has also undergone extensive work to include a new roof, damp proof course, re-wiring and re-plumbing and therefore the opportunity has arisen for an excellent investment opportunity in this popular and convenient residential location.

Situation

Morrill Street is located directly off Holderness Road and leads through to New Bridge Road, the property being located on the southern side within striking distance of all local shopping and recreational facilities including high street branded shopping, café bars and public houses together with East Park. In addition, there are regular public transport links to Hull City Centre. Directly opposite the house is the Morrill Street Health Centre.

Breakdown of Income

Flat 1 – Let to long-term tenants on a periodic tenancy producing £368 pcm, equating to £4,416 per annum. Flat 2 – Let on a periodic tenancy producing £295 pcm, equating to £3,540 per annum. Flat 3 – Let on an Assured Shorthold Tenancy producing an income of £250 pcm, equating to £3,000 per annum.

Accommodation

Ground Floor:Communal Entrance Hall and staircase to first and second floor levels. Flat 1: Lounge, Kitchen, Bedroom One, Bathroom, Bedroom Two. First Floor: Landing, Flat 2: Private Entrance Hall, Lounge, Kitchen, Bathroom, Bedroom. Second Floor: Landing, Flat 3: Lounge / Kitchen / Bedroom, Shower Room. Outside: To the front of the property is a small forecourted garden and to the rear is a south facing communal garden area

Viewing

Strictly by appointment with Auction House Hull & East Yorkshire. Hessle office 01482 644515.

Joint Agent

Dee Atkinson & Harrison 6 Hull Road Hessle HU13 0AH Tel: 01482 64451

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 C

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

Symes Bains Broomer, 157 Boothferry Road, Goole, East Yorkshire, DN14 6AL, Ref: Mr Charles Broomer, Tel: 01405 763853

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.