This house is available FOR SALE WITH TENANTS IN SITU. Being sold at a price Below Market Value this excellent INVESTMENT OPPORTUNITY is available now.
Deceptively spacious, the house provides over 915 sq ft of living accommodation and is situated close to Hull Royal Infirmary and on a major public transport route into the Hull City Centre. The CURRENT RENT is £625pcm and full details relating to the tenancy can be provided by enquiry.
Internally, the hallway leads to a long lounge/diner with an angled bay to the front and a tall window at the back of the dining area. The focal point is the fireplace and surround, and the room provides plenty of accommodation for a full dining suite and soft furnishings.
The kitchen is a good space fitted with base units and a window in the side wall behind the stainless-steel sinks and drainer. At the end of the kitchen a glazed external door opens to a courtyard to the side of the house.
To the first floor are 2 double bedrooms and a bathroom with a full suite including a bath, basin, WC and a separate shower enclosure.
The house benefits from gas central heating, uPVC double glazing and the main roof has been re-covered.
For a detailed exploration inside of the property, please check out the Virtual Tour link!
Positioned off Anlaby Road, the house is within walking distance of the MKM stadium, the Hull Royal Infirmary and is close to lots of local amenities. Easy public transport links are available to the City Centre and the surrounding villages
CHAIN FREE and a viewing is strongly recommended!
Tenure : Freehold
Council Tax Band : A
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
| Tax Band | % | Taxable Sum | Tax |
| less than £250k | 0 | ||
| £250k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
| Tax Band | % | Taxable Sum | Tax |
| less than £250k | 3 | ||
| £250k to £925k | 8 | ||
| £925k to £1.5m | 13 | ||
| rest over £1.5m | 15 |
| Tax Band | % | Taxable Sum | Tax |
| less than £425k | 0(5)** | ||
| £425k to £625k | 5 | ||
| £625k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
Company Registration Number: 4179534
Instant Valuation