Duplex for sale in Apartment 9 1 Tower Park Mews, Hull, North Humberside HU8

For sale by online auction on Tuesday, 14 May 2024 ending at 13:32

not one to be missed!for sale by online auction on Tuesday 14th may 2024

not one to be missed!for sale by online auction on Tuesday 14th may 2024NOT one to be missed!for sale for online auction via our partner agents, reeds rains hull. A superb two-bedroom duplex apartment offered exclusively to investors with tenant in situ with a rental income of £600 per month, this offering promises a lucrative yield, making it an attractive proposition for those seeking to capitalise on Hull's thriving rental market. With a lease spanning over 985 years, stability and longevity are assured, ensuring enduring value and peace of mind for prospective buyers. Situated within the esteemed former sheriff house, this property boasts a rich history and a captivating blend of architectural styles, blending the grandeur of old-world charm with the sophistication of modern development. Upon arrival, you’ll be captivated by the seamless integration of meticulously converted individual apartments within the historic structure, complemented by the addition of high-quality new builds. Nestled at the forefront of this prestigious development, this property presents a unique opportunity for discerning investors.Upon entering, a grand communal entrance hall sets the tone, leading to a first-floor landing area. Inside the apartment, a central hallway provides access to a comfortable sitting room, a well-appointed fitted kitchen, and a spacious bedroom, alongside a thoughtfully designed bathroom. Ascending to the first floor, another double bedroom awaits offering versatility and privacy. Externally, the development is complemented by its own grounds, featuring an allocated parking space for added convenience.

Accommodation Communal Hallway

First Floor Landing

Entrance Hallway

Sitting Room

Bedroom

Kitchen

Bathroom/WC

Staircase to upper floor

BedroomAuctioneer's Notes Property construction - Standard

Electricity supply - Mains

Water supply - Mains

Sewerage - Mains

Heating – Gas

Broadband - Standard Speed - 22 mbps

Mobile sign

Tenancy
The property is subject to an Assured Shorthold Tenancy producing £600 per calendar month.

EPC Rating: D

Additional Fees
Buyers Premium: £1800 inc VAT payable on exchange of contracts.

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.