1 Bed Apartment For Sale

Guide Price £15,000 * Plus 5% Buyers Premium + VAT



For sale by unconditional online auction on the 15th of January 2025.



Registration is now open, bidding opens on 15th on January at 10:00 and ends on 15th January 2025on January at 13:00



AVAILABLE ON INSTANT PURCHASE GENERATING 18% GROSS YIELD



Description

A First Floor One Bedroom Flat, Subject to an Assured Shorthold Tenancy Producing £5,400 Per Annum.



£5,400 PA

12 MONTH AST (commenced 16/09/2023)

SERVICE CHARGE 25% of the building insurance supplied by the freeholder, which amounted to £354.67 in 2024

GROUND RENT £250



Situated close to local amenities, residents will find a variety of shops, schools, and recreational facilities within easy reach. Additionally, the property boasts excellent transport links, ensuring quick and convenient access to Hull and its surrounding areas.







Legal Pack

A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.



Auction Information

To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.



UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).



Special Conditions

Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.