Ash Grove, Hull, HU5

This modern 3 storey, house is offered as an oven ready investment that currently provides an excellent income through Student and corporate lettings.  The property is fully furnished and generates an income after deduction of outgoings of approximately £18,000 pa.  There is double glazing throughout, gas central heating and two dedicated parking spaces.  

Location

The house forms part of a small cul-de-sac development at the head of Ash Grove whichis directly off Beverley Road, Hull in the heart of the student area with the Universitysituated on Cottingham Road within a close vicinity. There is also an excellent range ofsupermarket and local shopping situated on Cottingham Road/Newland Avenue and achoice of popular cafés/bars. Pearson Park is also close-by and there are regular publictransport links to Hull City Centre to the south.

Accommodation

Ground Floor: Entrance Hall, WC and open plan living room and fitted kitchen with appliances.

First Floor:  Landing, two double bedrooms, shower room.

Second Floor:  Landing, two further double bedrooms.

Outside: The property is completed with an enclosed garden area. In addition there are two private parking spaces available opposite the property.

Method of Sale

The property will be offered for sale by online auction with bidding commencing at 12.00 pm on Monday 27th January 2025 and closing on Wednesday 29th January at 1.00pm. For 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 on-line at auctionhouse.co.uk/hullandeastyorkshire prior to the date of the auction.

Additional Fees

The purchaser will be required to pay an administration charge of £900 (£750 plus VAT) and a buyer’s premium of £600 (£500 + 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 prior to 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.

Solicitor

TBC