House For Sale £550,000
*Guide Price £550,000 plus Reservation Fee*
Situated on the popular Pearson Park this large fully licensed HMO has eleven rooms, and nine bathrooms and generates a rental income of £72000 per annum which provides an attractive 13% gross yield. The main house briefly comprises ten bedrooms and nine bathrooms split over three floors with an open plan kitchen living area to the ground floor and a large utility room/boiler room. Separate from the main house there is a coach house with garaging to the downstairs floor with a one-bed flat above. Pearson Park is located in the heart of Hull’s most popular buy-to-let areas. This property provides direct access to the park and is located within walking distance of Princess Avenue with a great choice of local cafe bars, shops, and restaurants.
Tenure- Freehold
Council Tax- C
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.
Rezee offer additional services, such as conveyancing, financial advice, surveying & other services associated with selling & buying a property. Rezee may receive a referral fee for these third party services.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
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