13-14 John Street, Hull, East Riding Of Yorkshire, HU2 8DH
- PROPERTY TYPE
House of Multiple Occupation
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- TO BE SOLD BY PUBLIC ONLINE AUCTION ON 18TH SEPTEMBER 2024.
- PLEASE BE AWARE THAT THESE DETAILS ARE OFTEN UPDATED AND SUBJECT TO CHANGE ANY TIME BEFORE THE AUCTION.
- YOU MUST NOT RELY ON THE INFORMATION BELOW AND SHOULD VIEW FULL PARTICULARS AND ANY ADDENDUMS ON THE AUCTIONEER'S WEBSITE.
Description
A residential investment opportunity comprising an attractive property operating as an HMO and, we are advised, generating a total annual rent of £71,156. Based off the guide price, this reflects a gross initial yield of c16%. The property is mid-terraced and is arranged as two separate, three-storey units, with a total of 13 rooms, all en-suite, with shared communal facilities; it benefits from double-glazing and being in good cosmetic order. The property represents an opportunity for investors to acquire a high-yielding, fully-let, city centre investment.
Location
The property boasts a rare and attractive location in Hull city centre, fronting John Street, which is conveniently accessed via the nearby A165. John Street is a pleasant street in the Georgian New Town Conservation area, nearby to the picturesque Kingston Square gardens. It is well-served by a wide range of nearby amenities and national brands trading in Hull city centre.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.
2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 17TH SEPTEMBER AND CLOSES ON WEDNESDAY 18TH SEPTEMBER.
3. Energy Performance Certificate = E.
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
13-14 John Street, Hull, East Riding Of Yorkshire, HU2 8DH
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About Pugh and Company, Manchester
Conway House, 1 Blackburn Road, Sheffield, S61 2DW
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Notes
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Visit our security centre to find out moreDisclaimer - Property reference 113392FH. 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 Pugh and Company, Manchester. 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.
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 Pugh and Company, Manchester on 01942 368361.
*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.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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