2 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (985 years remaining)
- Guide price £48,000 for sale by moderne auction via our partner agents, auction house north east
- A superb two bedroom duplex apartment offered exclusively to investors with tenant in situ with a rental income of £600 per month.
- This offering promises a lucrative yield, making it an attractive proposition for those seeking to capitalise on Hull's thriving rental market.
- With a lease spanning over 985 years, stability and longevity are assured, ensuring enduring value and peace of mind for prospective buyers.
- Spanning the first and second floor levels, this spacious duplex apartment offers nearly 800 ft² of meticulously crafted living space.
- Well maintained by the current tenant, the accommodation exudes comfort and style.
- Details regarding ground rent and maintenance charges are forthcoming, ensuring transparency and clarity for potential buyers.
- With a council tax band 'A' payable to Hull city council and an EPC grade of D, this property exemplifies both investment potential and comfortable living.
A superb two-bedroom duplex apartment offered exclusively to investors with tenant in situ with a rental income of £600 per month, this offering promises a lucrative yield, making it an attractive proposition for those seeking to capitalise on Hull's thriving rental market. With a lease spanning over 985 years, stability and longevity are assured, ensuring enduring value and peace of mind for prospective buyers.
Situated within the esteemed former sheriff house, this property boasts a rich history and a captivating blend of architectural styles, blending the grandeur of old-world charm with the sophistication of modern development. Upon arrival, you’ll be captivated by the seamless integration of meticulously converted individual apartments within the historic structure, complemented by the addition of high-quality new builds. Nestled at the forefront of this prestigious development, this property presents a unique opportunity for discerning investors.
Spanning the first and second floor levels, this spacious duplex apartment offers nearly 800 ft² of meticulously crafted living space. Well-maintained by the current tenant, the accommodation exudes comfort and style.
Upon entering, a grand communal entrance hall sets the tone, leading to a first-floor landing area. Inside the apartment, a central hallway provides access to a comfortable sitting room, a well-appointed fitted kitchen, and a spacious bedroom, alongside a thoughtfully designed bathroom. Ascending to the first floor, another double bedroom awaits offering versatility and privacy.
Externally, the development is complemented by its own grounds, featuring an allocated parking space for added convenience.
Details regarding ground rent and maintenance charges are forthcoming, ensuring transparency and clarity for potential buyers.
With a council tax band 'A' payable to Hull city council and an EPC grade of D, this property exemplifies both investment potential and comfortable living.
Lease Details: 999 Years Commencing On And Including 1 September 2011
Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1800 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our 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. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.
HUL240298/2
Rooms
Agents Note One
To fulfil the obligation to share material information, please visit the link below. You'll find a comprehensive document containing key facts for buyers, providing valuable insights related to the property that you'll undoubtedly find useful.
Agents Note Two
HMRC is a supervisory body for money laundering regulations, of which all estate agents need to be registered. As part of this, there are multiple requirements that agents must rigorously and consistently meet to ensure they stay compliant with the regulations and protect their clients. To do this, we use an identity verification service, approved by the Government as part of the Digital Identity and Attributes Trust Framework (DIATF).
This method and the process we follow to ensure compliance for your transaction come with significant time, financial and legal implications hence a portion of this is passed on. We elected for this verification process due to the speed, certainty, and accuracy it delivers. This helps us to protect all our client's interests by using the most advanced verification process to help prevent the impacts of money laundering alongside our internal manual policies and procedures while staying compliant with HMRC.
The administrative charge for (truncated)
Charges
The costs for 9 Tower Park Mews are as follows:
Service Charge
TPM Management £000 per year
Ground Rent
Nominal £150 per year
Auctioneer's Notes
Property construction - Standard
Electricity supply - Mains
Water supply - Mains
Sewerage - Mains
Heating – Gas
Broadband - Standard Speed - 22 mbps
Mobile signal / coverage –O2/ Vodafone /EE/ Three – Very Good
Parking – Resident Parking
Building Safety – See Legal Pack
Restrictions – Yes See Legal Pack – Holderness Road East Conservation Area
Rights and easements - See Legal Pack
Flood risk – Low
Coastal erosion –Low
Planning permission – See Legal Pack
Accessibility / adaptions - See Legal Pack
Coalfield or mining area - See Legal Pack
Notes
Tenure: Leasehold
Lease Details: 999 Years Commencing On And Including 1 September 2011
EPC Rating: D
Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1800 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Places of interest
See more properties like this:
*DISCLAIMER
Property reference HUL240298. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Reeds Rains - Hull.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 11, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 11, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on October 5, 2022 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.