4 bedroom property for sale
Key information
Property description & features
- Tenure: Freehold
- Two storey terraced property
- 4 bedroom HMO
- Potential annual income of £15,600+
- Rear garden and parking facilities
- Freehold title
- Newly Decorated
- Modern Kitchen
- Shared Lounge
- Shared Garden Area
Welcome to this charming terraced house located on Edgecumbe Street in Hull! This property boasts a spacious reception room, perfect for entertaining guests or relaxing with your family.
The property features a well-maintained bathroom, ensuring convenience for all residents. This house is not just a home but also a fantastic investment opportunity as it is currently set up as a 4-bedroom House in Multiple Occupation (HMO). Generating an impressive £15,600 per annum when fully let, this property offers a lucrative option for those looking to expand their property portfolio.
Each of the four rooms is currently let or marketed at £95.00 per week, providing a steady income stream for the savvy investor. The potential of this property is truly remarkable, offering both a comfortable living space and a sound financial investment.
Don't miss out on the chance to own this fantastic property in Hull. With its ideal location and great income potential, this terraced house on Edgecumbe Street is a rare find. Contact us today to learn more about this exciting opportunity before it's go.
Please note we have not inspected this property.
Rooms
Location
The subject property is located along Edgecumbe Street, Hull, East Riding of Yorkshire, close to Hull University. Edgecumbe Street is an established residential street, just off Newland Avenue which offers a range of local services and amenities, including a Sainsbury's Local, Subway, Card Factory and many other established retailers. The area is also supplied with great road and public transport links.
Accommodation
Accommodation comprises a cosy lounge, modern kitchen, a large bathroom with bath and shower, and four bedrooms. Externally, there is a good sized garden to the rear.
Tenure
Freehold. Title number HS187314.
Council Tax
Band A.
EPC
Available upon request (rating D).
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
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*DISCLAIMER
Property reference 464671. 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 Pattinson - Commercial.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 10, 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 10, 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 January 11, 2023 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.
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