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£75,000

Severn Street, Hull, HU8

  • 3 beds
Terraced house

£75,000

  • 3 beds
Terraced house
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Estimate monthly mortgage payment:

£342 per month

Minimum deposit amount:

£3,750
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This three-bedroom mid-terrace house has previously been refurbished but is now rather tired and ready for a cosmetic update.  The gas centrally heated and fully double-glazed accommodation provides an excellent investment opportunity to anyone looking to start a portfolio or to add to an existing one.  The property provides generously proportioned accommodation in a popular area just off Holderness Road and also benefits from a good-sized South facing garden.  Potential to generate a gross income of over £7,000 pa following refurbishment.

Location

Located off Holderness Road, you'll have easy access to a wide range of local services and amenities. Public transport links are readily available, allowing you to hop on a bus and reach the cultural city centre within approximately 15 minutes. Explore all the wonders the city has to offer with utmost convenience.

Accommodation

Ground Floor

Living Room

With two double radiators, bay window to the front, TV aerial point, laminate flooring and staircase leading off.  Double doors open into

Dining Area

With a single radiator, laminate flooring and storage cupboard.  Open plan to:

Kitchen

With one and a half bowl sink with mixer tap, wall-mounted gas central heating boiler, base and drawer units, larder cupboard, electric oven and four ring gas hob, rear entrance door.

Bathroom

The three-piece white suite includes a panelled bath with an independent shower and screen over, pedestal wash hand basin, low-level WC, and heated towel rail.

First Floor

Landing

Bedroom One

With a single radiator, TV aerial point and storage cupboard.

Bedroom Two

With single radiator, TV aerial point.

Bedroom Three

With a single radiator.

Outside

To the front is a small forecourt garden, and to the rear is a good-sized, fully enclosed garden with a shed and rear pedestrian access.

Council Tax

Council Tax is payable to Hull City Council.  The property is currently listed as being in council tax band A

Solicitor

Murray Hills Solicitors, 368 Holderness Road, Hull, East Yorkshire, HU9 3DL

01482 309222   [email protected]

Viewing

Strictly by appointment with the auctioneers on 0845 400 9900

Tenure 
Freehold with vacant possession upon completion.


EPC rating: TBC

Services 
Mains water, gas, electricity and drainage are connected.  The services have not been tested.


Method of Sale

The property will be offered for sale by online auction with bidding commencing at 12.00 pm on Monday 20th May 2024 and closing on Wednesday 22nd May at 1.00pm. To register to bid and further legal information relating to this lot please go to auctionhouse.co.uk/hullandeastyorkshire.

Conditions of Sale

The property will be sold subject to conditions of sale, copies of which will be available for inspection at the auctioneer’s offices, with the solicitors and online at auctionhouse.co.uk/hullandeastyorkshire, before the date of the auction.

Additional Fees

The purchaser will be required to pay an administration charge of £900 (£750 plus VAT) subject to a minimum of 0.3% of the sale price including VAT and a buyer’s premium of £600 (£500 plus VAT) in addition to the purchase price of the property.

Guide Price

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 before 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.

Disbursements

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

Online bidding

If you want to bid on this property, copy and paste the link below into your URL bar or into a Google search and it will take you to a video that explains the process: youtube.com/watch?v=ImXr4HXR36c
To register to bid please visit : auctionhouse.co.uk/hullandeastyorkshire

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Your estimated purchase costs

Find out how much it will cost to purchase this property.

Stamp Duty tax
These figures are estimates and are provided for guidance only
£0
Mortgage and legal costs:
£999
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