Residential Grounds Rents, Danube Road And Coventry Road, Hull, East Riding Of Yorkshire, HU5 5UP
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- SIZE
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- SECTOR
Commercial property for sale
Key features
- TO BE SOLD BY PUBLIC ONLINE AUCTION ON 24TH SEPTEMBER 2025.
- 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
Ground rent investment:
A portfolio of residential ground rents generating an annual income of £1,003. In total there are headleases for 29 properties, situated on one of two streets in HU5, Hull: Danube Road and Coventry Road. The ground rent per property ranges from £5 to £150, with one property/lease detailing nil rent. All leases are 999 year terms (some less 21 days). Buyers are directed to the legal pack to view a comprehensive ground rent schedule.
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 23RD SEPTEMBER AND CLOSES ON WEDNESDAY 24TH SEPTEMBER.
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
Tenure Comments
29 headleases generating rental income via underleases and itself beneath a freehold interest with a ground rent payable (last payment being £42).
Residential Grounds Rents, Danube Road And Coventry Road, Hull, East Riding Of Yorkshire, HU5 5UP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cottingham Station1.9 miles
- Hull Station2.5 miles
- Hessle Station3.0 miles
Notes
Disclaimer - Property reference 120190FH. 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 & COMPANY LIMITED, 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 & COMPANY LIMITED, Manchester on 01942 559576.
*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.”
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