Terraced house for sale in Adderbury Grove, Hull HU5

***Guide Price £140,000-£150,000 plus Reservation Fee***

Take a look at this reasonably priced five bedroom HMO with full license and historic use dating back approximately ten years. The property is currently let to a housing association with a contract in place until the 22nd June 2025 paying £975pcm. The new owners could potentially extend this contract if they wish or let it on a room by room basis with a potential gross annual income of approximately £21,000. The accommodation briefly comprises entrance hall, communal lounge, bedroom four, fitted kitchen, rear lobby and ground floor shower room. To the first floor two bedrooms and a large bathroom and to the second floor two further bedrooms. The property boasts approximately 1830 square feet of living accommodation and is located within easy reach of Newland Avenue and Princes Avenue which have a great choice of local cafe bars, shops and restaurants and is considered one of Hull’s most popular buy to let areas . This property would make a great addition to anyone's portfolio and is brought to the market at a competitive price to attract early interest.

Disclaimer

Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 2% to a minimum of £2500 plus VAT. The Reservation Fee is paid on top of the purchase price & deemed a part of the chargeable consideration when calculating Stamp Duty for the property.

The property has a Ready Sale Pack, which gives additional information regarding the property. It is the Buyer’s responsibility to request & examine the Ready Sale Pack before committing to purchase the property. We advise you also carry out your own due diligence prior to making an offer.

The Buyer is required to verify their id & show proof of funds.

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Tenure; Freehold

Council Tax Band; B