Pearson Park, Hull

INVITING OFFERS BETWEEN £350,000 & £375,000

A rare opportunity for a landlord to acquire this block of apartments, comprising four beautifully presented and self contained one bedroom flats within this stunning Grade II listed conversion. Each unit is currently tenanted and rents range from £615-£650 pcm, representing a maximum yield of 8.9%.

Set to the rear of 50 Pearson Park, this converted stable block comprises 4 well proportioned and self contained flats, with two to the ground and two the first floor. Each apartment benefits from gas central heating, finished to a high standard and each has an open plan lounge kitchen, a generous double bedroom and a shower room with three-piece suite.

Externally, each apartment has an allocated parking space and access to a communal courtyard, with BBQ and outdoor seating.

A great spot to benefit from all of the park's amenities, close to The Avenues and various bars/ eateries and excellent road and transport links into the city centre.

An ideal investment for those looking to expand their portfolio by acquiring the whole block*

*The seller is also open to selling the individual flats separately.

Ground Floor -

Communal Hallway - Communal hallway with access to the two ground floor flats and the staircase to upper floor.

Apartment 6: -

Hallway -

Open Plan Lounge/Kitchen - Open plan living space and kitchen fitted with a range of base and wall mounted units, inset stainless steel sink, inset hob and extractor over and built in oven below.

Bedroom - Generous double bedroom

Shower Room - Fitted with a three-piece suite in white, comprising low level WC, shower cubicle and pedestal sink unit.

Apartment 7: -

Hallway -

Open Plan Lounge/ Kitchen - Open plan living space and kitchen fitted with a range of base and wall mounted units, inset stainless steel sink unit, inset hob and extractor above and built in oven below.

Bedroom - Generous double bedroom.

Shower Room - Fitted with a three-piece suite in white, comprising low level WC, shower cubicle and pedestal sink unit.

First Floor: -

Apartment 8: -

Hallway -

Open Plan Lounge/ Kitchen - Open plan living space and kitchen fitted with a range of base and wall mounted units, inset stainless steel sink unit, inset hob and extractor above and built in oven below.

Bedroom - Generous double bedroom.

Shower Room - Fitted with a three-piece suite in white, comprising low level WC, shower cubicle and pedestal sink unit.

Apartment 9: -

Hallway -

Open Plan Lounge/ Kitchen - Open plan living space and kitchen fitted with a range of base and wall mounted units, inset stainless steel sink unit, inset hob and extractor above and built in oven below.

Bedroom - Generous double bedroom

Shower Room - Fitted with a three-piece suite in white, comprising low level WC, shower cubicle and pedestal sink unit.

Externally - Externally is a gravelled communal car park with allocated space for each flat. Benefitting from a shared, low maintenance courtyard with brick built BBQ and cooking facilities and space for ample seating.

Council Tax - We have been advised that all apartments within this block are Band A, payable to Hull City Council.

Additional Information - Tenure:
Leasehold - 999 years*

Service Charge:
TBC*

Ground Rent:
£0*

*Please note, the sellers currently own the freehold of the entire building and the lease and terms are still being finalised. For further information, please contact our office.

Disclaimer:
Any information in relation to the length of lease, service charge, ground rent and council tax has been confirmed by our sellers. We would advise that any buyer make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change.