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1 bedroom apartment for sale
Flat C, 440 Anlaby Road, Hull, North Humberside, HU3 6QP
£25,000
Flat C, 440 Anlaby Road, Hull, North Humberside, HU3 6QP
£25,000
Our Summary
- Guide Price £25,000 * Plus 5% Buyers Premium + VAT For sale by unconditional online auction on the 17th of December 2024
- Registration is now open, bidding opens on 17th on December at 10:00 and ends on 17th December 2024on December at 12:35 TO BE SOLD AT AUCTION 17th DECEMBER 2024 GENERATING 18% GROSS YEILD Description A First Floor One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £5,400 Per Annum
- Legal Pack A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction
- Auction Information To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa
- The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated)
Description
This property is a first-floor one-bedroom flat located on a residential road, with all local shops and amenities, including West Park and Hull Royal Infirmary, within easy reach. The flat is subject to an Assured Shorthold Tenancy, producing £5,400 per annum, and has a service charge of 25% of the building insurance, which amounted to £354.67 in 2024, as well as a ground rent of £250. The property is being sold by unconditional online auction on December 17th, 2024, with registration open now and bidding opening on December 17th at 10:00 and closing at 12:35. The vendor is legally bound to sell the property, and the buyer is legally bound to purchase it, with a 5% deposit and 5%+VAT buyers premium payable upon the fall of the hammer. The property is expected to generate an 18% gross yield.