House For Sale £180,000
We believe this property works best with a mortgage of 75% ltv or less based on a mortgage interest rate of 6%.
A well presented six bedroom property located just off popular Newland Avenue. The property offers spacious and versatile accommodation, with the rare addition of a home gym! The property is full let as a HMO to six individuals and sits in the C4 planning use class. Being sold as a going concern, the buyer will purchase this ready made investment complete with tenants and furnishings (sold as seen).
The Ideal gas combi boiler heats the house and hot water and is approximately three years old. The boiler is under warranty for a further two years. The property is predominantly double glazed with UPVC framed windows.
The shared accommodation includes - bright entrance hall with lovely high ceilings and some of the properties original decorative mouldings, large open plan kitchen living space with three sofas and breakfast bar for dining, TV, projector and screen!
The modern and attractive fitted kitchen is well equipped with two ovens with grill, six ring hob, fridge, washing machine and tumble dryer. The additional reception room beyond has been cleverly converted to a home gym and extension of the kitchen with tall fridge and freezer, TV, cardio and weights machines.
There are two modern shower rooms location side by side on the first floor giving a 3:1 tenant to bathroom ratio. Each room is fitted with a corner basin with mixer tap, toilet with full and half flush and shower cubicle with electric shower (great in the event of temporary boiler breakdowns).
The six bedrooms are all substantial in size and are well equipped with bed, basin, wardrobe, drawers, workspace and TV.
The plot is larger than average with enclosed side and rear gardens and a forecourt to the front.
The property is a very short walk from Newland Avenue, which offers a range of amenities including, numerous highly rated cafes and restaurants; independent shops, Lloyds Bank, Tesco, Sainsburys and a post office.
The property is within walking distance of the University of Hull and so can be easily switched between student and working tenants dependent on market demand and owner preference.
Buyers premium of £5,000 plus VAT is payable upon completion. Non refundable reservation fee of £1,500 plus VAT which is deducted from the buyers premium is due upon sale agreed.
A well presented six bedroom property located just off popular Newland Avenue. The property offers spacious and versatile accommodation, with the rare addition of a home gym! The property is full let as a HMO to six individuals and sits in the C4 planning use class. Being sold as a going concern, the buyer will purchase this ready made investment complete with tenants and furnishings (sold as seen).
The Ideal gas combi boiler heats the house and hot water and is approximately three years old. The boiler is under warranty for a further two years. The property is predominantly double glazed with UPVC framed windows.
The shared accommodation includes - bright entrance hall with lovely high ceilings and some of the properties original decorative mouldings, large open plan kitchen living space with three sofas and breakfast bar for dining, TV, projector and screen!
The modern and attractive fitted kitchen is well equipped with two ovens with grill, six ring hob, fridge, washing machine and tumble dryer. The additional reception room beyond has been cleverly converted to a home gym and extension of the kitchen with tall fridge and freezer, TV, cardio and weights machines.
There are two modern shower rooms location side by side on the first floor giving a 3:1 tenant to bathroom ratio. Each room is fitted with a corner basin with mixer tap, toilet with full and half flush and shower cubicle with electric shower (great in the event of temporary boiler breakdowns).
The six bedrooms are all substantial in size and are well equipped with bed, basin, wardrobe, drawers, workspace and TV.
The plot is larger than average with enclosed side and rear gardens and a forecourt to the front.
The property is a very short walk from Newland Avenue, which offers a range of amenities including, numerous highly rated cafes and restaurants; independent shops, Lloyds Bank, Tesco, Sainsburys and a post office.
The property is within walking distance of the University of Hull and so can be easily switched between student and working tenants dependent on market demand and owner preference.
Buyers premium of £5,000 plus VAT is payable upon completion. Non refundable reservation fee of £1,500 plus VAT which is deducted from the buyers premium is due upon sale agreed.
