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£125,000

George Street, HU1

  • 0 beds
Other

£125,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£571 per month

Minimum deposit amount:

£6,250
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OneDome - Properties for sale and to rent

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A substantial five-storey building in the city centre that benefits from planning consent for conversion into five apartments (1 x one-bedroom & 4 x two bedroom) together with a lower ground floor commercial unit.  Construction work has commenced with all internal walls and ceilings being stripped back to bare brick.  A change in the vendors circumstances means it is now offered to the market as an excellent redevelopment project.


Location

Located in the City Centre with ready access to all the main facilities that the City has to offer.

Accommodation
We have included copies of the approved plans giving a broad indication of the accommodation to be provided


In brief, the accommodation will comprise:


Basement: Commercial unit with existing consent for use as a hair salon or similar.  Cycle and Bin store

Ground Floor: 1 x one-bedroom flat and 1 x two-bedroom maisonette flat.

First Floor: 1 x two bedroom flat and upper floor of the maisonette.

Second Floor: 1 x two bedroom-flat.

Third Floor: 1 x two-bedroom flat

Services: Mains water, gas, drainae and electricity are all available but have not been tested.  Interested parties should make their own enquiries to confirm this statement and assess any costs of reconnection.

Planning Consent

Full planning permission was granted on 12 July 2019 for Change of use from vacantcommercial premises to 5 self contained flats plus external alterations. Hull City Council ref no PP-07442905. Copies of the consent and approved plans are available on the Council planning portal.

Tenure

Freehold with vacant possession upon completion.

Viewing 

Strictly by appointment with the auctioneer on 0845 400 9900

Method of Sale

The property will be offered for sale by online auction with bidding commencing at 12.00 pm on Monday, 21st April 2025, and closing on Wednesday, 22nd April, at 1.00 pm. 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 online 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 £1,200 (£1,000 plus VAT) and a buyer’s premium of £900 (£750 + VAT) in addition to the purchase price of the property.

Guide Price

Guides are provided as an indication of each sellers 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

Andrew Cooney - Williamsons

[email protected]

01482 323 697


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£571 per month
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£0
Mortgage and legal costs:
£999
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