House for salePearson Park, Hull
Guide Price* £350,000
- Imposing Pair Of Victorian Houses Divided Into 11 Self Contained Apartments
- 10 Let Producing £38,520 PA
- When Fully Let £42,420 PA
- Well Maintained With Individual Gas Central Heating Systems
- Full Double Glazed
- Off Street Parking & Garden
- Superb Position Overlooking Pearson Park
Full descriptionFOR SALE BY PUBLIC AUCTION ON 14TH DECEMBER 2016 AT 6.30PM
GUIDE PRICE £350,000 TO £400,000
SUBSTANTIAL PAIR OF SEMI DETACHED VICTORIAN HOUSE DIVIDED INTO 11 SELF CONTAINED APARTMENTS OF WHICH 10 ARE LET PRODUCING AN ANNUAL INCOME OF £38,520 & WHEN FULLY LET £42,420 PER ANNUM
Description - This substantial pair of Victorian semi-detached properties have been sub-divided into 11 well-proportioned self-contained apartments having 9 one bedroomed units, 1 two bedroomed unit and a studio apartment.
Presently having 10 of the apartments let on Assured Shorthold Tenancies producing an annual income of £38,520 and when fully let producing £42,420 per annum.
Having been in ownership by the present owners for a considerable amount of time, the building and the individual units have had a good level of internal and external maintenance with each apartment now boasting modern kitchen and bathroom facilities, 10 of the apartments having gas fired central heating, with the whole building having replacement uPVC double glazed windows. There is also a fire system installed to local authority regulations.
To the front of the building there is a large gravelled off-street parking area with communal gardens to the rear elevation.
Situation - This most imposing building commands a prominent position overlooking the attractive Pearson Park Conversation Area on the northern outskirts of the city of Hull.
Also within the vicinity is Hull University which is located on Cottingham Road and there are excellent local shopping and recreational facilities on Beverley Road which also has regular public transport links to Hull City Centre in a southerly direction. Adjoining Pearson Park is The Avenues Conservation Area which boasts a further selection of quality Victorian properties, with Princes Avenue having over recent years developed into a vibrant and popular area boasting attractive caf bars, restaurants and public houses.
The Accommodation Comprises:- -
2 Pearson Park -
Ground Floor -
Apartment 1A - Entrance Hall, Lounge, Kitchen, Bedroom and Bathroom.
Apartment 1B - Entrance Hall, Lounge, Kitchen, Bedroom and Bathroom.
First Floor Accommodation -
Apartment C - Entrance Hall, Lounge, Kitchen, Bedroom One, Bedroom Two and Bathroom.
Apartment D - Entrance Hall, Lounge, Kitchen, Bedroom and Bathroom.
Second Floor Accommodation -
Apartment E - Entrance Hall, Lounge, Kitchen, Bedroom and Bathroom.
Apartment F (Studio Apartment) - Lounge / Bedroom, Kitchen and Bathroom.
3 Pearson Park -
Ground Floor -
Flat 1 - Entrance Hall, Lounge, Kitchen, Bedroom and Bathroom
Flat 2 - Lounge, Inner Hallway, Kitchen, Bedroom and Bathroom.
First Floor Accommodation -
Flat 3 - Entrance Hall, Lounge, Kitchen, Bedroom, Bathroom, separate WC.
Flat 4 - Entrance Hall, Lounge, Kitchen, Bedroom and Bathroom.
Second Floor -
Apartment 5 - Entrance Hall, Lounge, Kitchen, Bedroom and Bathroom.
Outside - Ample gravelled off-street parking to the front elevation and communal gardens to the rear.
Site Plan -
Location Plan -
Area Plan -
Conditions Of Sale - The property will be sold subject to the conditions of sale, copies of which will be available for inspection at the auctioneer's office and with the solicitors prior to the date of the auction.
Method Of Sale - The property will be offered for sale by public auction on Wednesday 14th December 2016 at 6.30pm at The Beverley Racecourse, York Road, Beverley, East Riding of Yorkshire, HU17 8QZ. Tel: 01482 867488. For further legal information relating to this lot please log on to www.auctionhouse.uk.net/hullandeastyorkshire.
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.
Viewing - Strictly by appointment with Auction House Hull & East Yorkshire's Hessle office (01482) 644515.
Services - All mains services are connected to the property. None of the services or installations have been tested.
Council Tax - Council Tax is payable to the Kingston-Upon-Hull City Council. Each of the above properties is shown in the Council Tax Property Bandings List in Valuation Band 'A' (verbal enquiry only).
Tenure - We understand the property to be freehold (subject to confirmation by the vendor's solicitors) with vacant possession upon completion.
Possession - Subject to the existing Tenancy Agreements.
Full Details - Photographs, room dimensions, floor plans and area measurements (when available) are included within our full details online at www.auctionhouse.uk.net. All published information is to aid identification of the property and is not to scale.
Solicitors - Ms Rachel Laisnez, Quality Solicitors Lockings, Tower Court Business Centre, Oakdale Road, Clifton Moor, York, YO30 4XL.
Energy Performance Certificates (Epcs) - Energy Performance Certificates are available for inspection at the auctioneer's Hessle office or alternatively on the online Legal Pack.
Mortgages - We are able to offer advice should you require a mortgage to purchase this or any other property. Please contact 01482 644515 to arrange a no-obligation discussion with our financial advisors Pia Financial Solutions who are regulated by the Financial Services Authority.
No. 3, Flat 1 - Lounge -
No. 3, Flat 1 - Kitchen -
No. 3, Flat 1 - Bathroom -
Disclaimer: Dee Atkinson & Harrison for themselves and for the vendors or lessors of this property, whose Agents they are, give notice that these particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a Contract. No person in the employment of Dee Atkinson & Harrison has any authority to make any representation or warranty whatever in relation to this property.
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Disclaimer - Property reference 26627876. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Dee Atkinson & Harrison, Hessle. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Dee Atkinson & Harrison, Hessle on 01482 644515.
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