Guide price
£55,000
2 bed end terrace house for saleDorset Street, Hull HU4
2 beds
1 bath
1 reception
EPC Rating: C
About this property
Reservation Fee Applicable – T&c’s Apply
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Competitive price reflecting refurbishment required
Estimated rental income of £600–£700 pcm once renovated
Scope to add value
Popular and convenient location
Close to supermarket and surrounding shops
Easy access to A63/M62 motorway corridor
Entry-level investment opportunity
Reservation Fee Applicable – T&c’s Apply
An excellent entry-level investment opportunity, this two-bedroom mid-terrace property is brought to the market at a competitive price to reflect the work and refurbishment required.
Once renovated to a good standard, properties of this type in the surrounding area are estimated to achieve rental income of approximately £600–£700 pcm, offering investors the potential for an attractive return, subject to the purchase price, refurbishment costs and achievable rental income.
Properties offered at this price range rarely come to the market, making early viewing strongly advised for investors looking for an affordable project with scope to add value.
The property is conveniently located within easy reach of a large supermarket, a range of surrounding shops and local amenities, together with straightforward access onto the A63/M62 motorway corridor, providing excellent connectivity for commuters and tenants.
Key Features
Two-bedroom mid-terrace property
Entry-level investment opportunity
Competitive price reflecting refurbishment required
Estimated rental income of £600–£700 pcm once renovated
Scope to add value
Popular and convenient location
Close to supermarket and surrounding shops
Easy access to A63/M62 motorway corridor
Early viewing strongly advised
Fees, Exclusivity & Disclaimer
Reservation Fee: A Reservation Fee of 1.5% of the purchase price is payable by the buyer in addition to the purchase price, subject to a minimum fee of £2,500 plus VAT. The Reservation Fee is non-refundable and secures the property, which will be removed from the market, subject to the applicable terms and conditions.
Refund Policy: The Reservation Fee may be refundable in certain circumstances, including where the seller withdraws from the transaction, the chain collapses outside of the Buyer’s control, or significant structural issues are confirmed by a qualified structural survey.
Exclusivity: rezee grants the Buyer a fixed 90-day exclusivity period starting from the issue of draft contracts.
How to Purchase a Property
1. Register Your Interest
Register your interest with rezee and ensure you are fully aware of the property’s details, fees and terms.
1. Prepare Your Finances
Ensure your finances are in place before making an offer. Buyers may be required to provide proof of funds and suitable identification.
1. Arrange a Viewing
Book and attend a viewing to satisfy yourself as to the property’s condition, location and suitability.
1. Make an Offer
Once you have viewed the property and completed your due diligence, you can submit your offer through rezee.
1. Secure the Sale
Once an offer has been accepted, the sale can be secured through rezee’s secure reservation system, subject to the applicable terms and conditions.
1. Exchange & Complete
The legal process then progresses towards exchange of contracts and completion within the agreed timescales.
Important Information for Buyers
Buyers are responsible for carrying out their own due diligence and should carefully review any Ready Sales Pack, legal documentation and property information made available before proceeding.
rezee will require appropriate identification and proof of funds as part of the purchasing process.
rezee may receive referral fees where buyers choose to use services such as conveyancing, financial advice, mortgage advice or surveying services introduced through rezee. Buyers are under no obligation to use these services and may choose their own independent professional advisers.
All measurements, descriptions, rental figures, yields and other information are provided in good faith and are intended as a guide only. Rental figures are estimated and should not be relied upon as guaranteed income. Buyers should satisfy themselves as to the accuracy of all information, carry out their own due diligence and obtain independent professional advice where required.
Any planning, licensing, building regulation or use information should be independently verified by the purchaser.
Buyers should also seek independent advice regarding Stamp Duty Land Tax (sdlt), as the amount payable will depend upon the purchase price and the individual circumstances of the buyer.
The property is offered subject to contract and availability.
For full details of the Reservation Fee, refund policy, exclusivity period and applicable terms and conditions, please contact rezee before proceeding.
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