Impressive investment opportunity ! Located on Spring Bank is this Victorian terrace property offered to the market having been divided into five individual self-contained flats, and is positioned close to the ever popular and vibrant Princes Avenue. Still retaining some period features, each flat offers uPVC double glazing, gas fired central heating system, open plan living space and kitchen area, a double bedroom and a white bathroom. There is a courtyard to the rear, leading onto a tarmac parking area for the residents. Three flats are currently let with a total income of £10,440 (the agent has been informed) and this annual income would increase once all the flats are let.
Located close to Princes Avenue, the property is well placed for access to the local amenities including café bars, restaurants and shops along Princes Avenue. The city centre and university are both accessible via a short commute.
When travelling along Spring Bank from Princes Avenue, the subject property will be located on the left hand side, just after the junction with Louis Street.
With period portico entrance leading to the front door. Secure intercom entrance to the five individual flats. Courtyard frontage standing behind low walling with railings inset.
With period entrance door and toplight, and wooden door leading into the hallway.
With access to Flats 1 and 2, staircase to the first floor with shaped newel post and spindled balustrading, understairs cupboard, meter cupboard, exterior door leading to the rear courtyard and parking.
A self contained flat offering open plan living space and kitchen, double bedroom, bathroom, uPVC double glazing and a gas fired central heating system. Currently let at £270 per calendar month with the tenancy commencing September 2018.
With a uPVC double glazed walk-in bay to the front elevation, central heating radiator, modern range of base and wall units, integrated oven and gas hob, stainless steel sink unit, plumbing for washing machine, space for a fridge.
White suite comprising of bath with shower over, low flush WC, pedestal wash hand basin, extractor, central heating radiator.
With a walk-in uPVC double glazed bay window to the rear elevation, Ferrolli gas fired central heating boiler, central heating radiator.
A self contained flat offering open plan living space and kitchen, double bedroom, bathroom, uPVC double glazing and a gas fired central heating system. Currently vacant.
With a low flush WC, pedestal wash hand basin, central heating radiator, uPVC double glazed window to the side elevation.
Open plan lounge and kitchen areas with two uPVC double glazed windows to the side elevation, laminate flooring, central heating radiator. Kitchen offering a modern range of base and wall units, integrated oven and gas hob, stainless steel sink unit, plumbing for washing machine, space for a fridge.
Having a continuation of the laminate flooring from the living space, uPVC double glazed window to the side elevation, central heating radiator.
Offering a white suite comprising of bath, low flush WC, pedestal wash hand basin, central heating radiator, uPVC double glazed window to the side elevation.
Split level landings leading to Flats 3 and 4. Flat 4 is reached on the first mezzanine landing.
A self contained flat offering open plan living space and kitchen, double bedroom, bathroom, uPVC double glazing and a gas fired central heating system. Currently let at £325 per calendar month with the tenant also paying a top up rent of £25 each fortnight, and the tenancy commenced May 2015
A spacious open plan living space with twin uPVC double glazed windows to the front elevation, central heating radiator, kitchen area offering a modern range of base and wall units, integrated oven and gas hob, stainless steel sink unit, plumbing for washing machine, space for a fridge.
With a white suite comprising of bath with a shower over and tiled splashbacks, pedestal wash hand basin, low flush WC, central heating radiator.
With a uPVC double glazed window to the rear elevation, central heating radiator, Ferrolli gas fired central heating boiler.
A self contained flat offering lounge and a separate fitted kitchen, double bedroom, en suite bathroom, uPVC double glazing and a gas fired central heating system. Currently vacant.
Low flush WC, pedestal wash hand basin, central heating radiator, uPVC double glazed window to the side elevation.
Modern fitted kitchen with integrated oven and gas hob, plumbing for a washing machine and space for a fridge, Ideal Logic gas fired central heating boiler, uPVC double glazed window to the side elevation.
With a uPVC double glazed window to the side elevation, central heating radiator, feature recess to chimney breast, door to bedroom.
With twin uPVC double glazed windows to the side elevation, central heating radiator, access to the en suite bathroom.
White suite comprising of bath with shower over, ceiling spotlights, central heating radiator.
A self contained flat offering open plan living space and kitchen, double bedroom, bathroom, uPVC double glazing and a gas fired central heating system. Currently let at £275 per calendar month, with the tenancy commencing November 2017.
With two Velux windows, laminate flooring, kitchen area with a modern range of base and wall units with integrated oven and gas hob, stainless steel sink unit, plumbing for a washing machine, space for a fridge.
Comprising of a white suite with bath and shower over, pedestal wash hand basin, low flush WC, central heating radiator.
With a Velux skylight window and an additional single glazed skylight, laminate flooring, central heating radiator, Ferrolli gas fired central heating radiator.
To the rear of the property is a good sized courtyard area with shrubbery which leads onto a tarmac parking area for the residents.
By appointment with the sole selling agents Lovelle Estate Agency, telephone .
We recommend prior to making an appointment to view, prospective purchasers discuss any particular points likely to affect their interest in the property with one of our property consultants who have seen the property in order that you do not make a wasted journey.
Budgeting correctly and choosing the right mortgage for a move is vital. For independent mortgage and insurance advice call our mortgage advisor on .
If you are interested in this property then it is important that you contact us at your earliest convenience. We will require certain pieces of personal information from you in order to provide a professional service to you and our client. The personal information you have provided to us may be shared with our client, the seller, but it will not be shared with any other third parties without your consent other than stated reasons detailed within our privacy policy. More information on how we hold and process your data is available on our website and you can opt out at any time by simply contacting us.
For any offer you wish to make we will need to establish certain details before negotiation can take place. This is so that our vendor can make an informed choice when negotiating and accepting your offer. You will be asked to provide formal I.D. And address verification, as required under new Money Laundering Legislation. You might also have one or two questions for us, such as which solicitor to choose, or which mortgage lender has the best offers available for me. We have a one stop shop to satisfy all of these needs so please ask.
This property falls within the geographical area of Hull City Council
Please be advised if you are considering purchasing a property for Buy To Let purposes, from 1st April 2018 without an EPC rated E or above it will not be possible to issue a new tenancy, or renew an existing tenancy agreement.
These particulars are for guidance only. Lovelle Estate Agency, their clients and any joint agents give notice that:-
They have no authority to give or make representation/warranties regarding the property, or comment on the services, tenure and right of way of any property.
These particulars do not form part of any contract and must not be relied upon as statements or representation of fact.
All measurements/areas are approximate. The particulars including photographs and plans are for guidance only and are not necessarily comprehensive.
Jd Executive Homes Limited T/A Lovelle Estate Agency.
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