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Dorset Street, Hull

PROPERTY TYPE

End of Terrace

BEDROOMS

2

BATHROOMS

1

SIZE

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TENURE
Describes 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

  • Reservation Fee Applicable – T&C’s Apply
  • Book Your Viewing Today!
  • Competitive price reflecting refurbishment required
  • Estimated rental income of £600–£700 PCM once renovated
  • Scope to add value
  • Popular and convenient location
  • Close to supermarket and surrounding shops
  • Easy access to A63/M62 motorway corridor
  • Entry-level investment opportunity
  • Reservation Fee Applicable – T&C’s Apply

Description

Guide Price £55,000 - £60,000 plus Reservation Fee

An excellent entry-level investment opportunity, this two-bedroom mid-terrace property is brought to the market at a competitive price to reflect the work and refurbishment required.

Once renovated to a good standard, properties of this type in the surrounding area are estimated to achieve rental income of approximately £600–£700 PCM, offering investors the potential for an attractive return, subject to the purchase price, refurbishment costs and achievable rental income.

Properties offered at this price range rarely come to the market, making early viewing strongly advised for investors looking for an affordable project with scope to add value.

The property is conveniently located within easy reach of a large supermarket, a range of surrounding shops and local amenities, together with straightforward access onto the A63/M62 motorway corridor, providing excellent connectivity for commuters and tenants.

Key Features

Two-bedroom mid-terrace property

Entry-level investment opportunity

Competitive price reflecting refurbishment required

Estimated rental income of £600–£700 PCM once renovated

Scope to add value

Popular and convenient location

Close to supermarket and surrounding shops

Easy access to A63/M62 motorway corridor

Early viewing strongly advised

Fees, Exclusivity & Disclaimer

Reservation Fee: A Reservation Fee of 1.5% of the purchase price is payable by the buyer in addition to the purchase price, subject to a minimum fee of £2,500 plus VAT. The Reservation Fee is non-refundable and secures the property, which will be removed from the market, subject to the applicable terms and conditions.

Refund Policy: The Reservation Fee may be refundable in certain circumstances, including where the seller withdraws from the transaction, the chain collapses outside of the Buyer’s control, or significant structural issues are confirmed by a qualified structural survey.

Exclusivity: Rezee grants the Buyer a fixed 90-day exclusivity period starting from the issue of draft contracts.

How to Purchase a Property

1. Register Your Interest
Register your interest with Rezee and ensure you are fully aware of the property’s details, fees and terms.

1. Prepare Your Finances
Ensure your finances are in place before making an offer. Buyers may be required to provide proof of funds and suitable identification.

1. Arrange a Viewing
Book and attend a viewing to satisfy yourself as to the property’s condition, location and suitability.

1. Make an Offer
Once you have viewed the property and completed your due diligence, you can submit your offer through Rezee.

1. Secure the Sale
Once an offer has been accepted, the sale can be secured through Rezee’s secure reservation system, subject to the applicable terms and conditions.

1. Exchange & Complete
The legal process then progresses towards exchange of contracts and completion within the agreed timescales.

Important Information for Buyers

Buyers are responsible for carrying out their own due diligence and should carefully review any Ready Sales Pack, legal documentation and property information made available before proceeding.

Rezee will require appropriate identification and proof of funds as part of the purchasing process.

Rezee may receive referral fees where buyers choose to use services such as conveyancing, financial advice, mortgage advice or surveying services introduced through Rezee. Buyers are under no obligation to use these services and may choose their own independent professional advisers.

All measurements, descriptions, rental figures, yields and other information are provided in good faith and are intended as a guide only. Rental figures are estimated and should not be relied upon as guaranteed income. Buyers should satisfy themselves as to the accuracy of all information, carry out their own due diligence and obtain independent professional advice where required.

Any planning, licensing, building regulation or use information should be independently verified by the purchaser.

Buyers should also seek independent advice regarding Stamp Duty Land Tax (SDLT), as the amount payable will depend upon the purchase price and the individual circumstances of the buyer.

The property is offered subject to contract and availability.

For full details of the Reservation Fee, refund policy, exclusivity period and applicable terms and conditions, please contact Rezee before proceeding.

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.
Band: A
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.
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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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Dorset Street, Hull

Approximate location

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Affordability

Monthly repayments£268
Property: £ 55,000
Deposit: £ 5,500
Interest rate: 5.05%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
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About Rezee, Hull

The Bloc (F13), Springfield Way, Anlaby, Hull, HU10 6RJ
Industry affiliations:

Welcome to Rezee's Fresh Approach

In an industry longing for change, we've embarked on a mission to redefine property sales. With a combined directorial experience of over 30 years in the property industry, we've navigated the highs and lows of existing selling systems. From this journey, we've cherry-picked the best features and discarded inefficiencies to introduce an entirely new way of selling your home-say hello to Rezee.

Here at Rezee, we understand the anxieties that come with property sales. That's why our vision extends beyond transactions to prioritize seller security, offering homeowners a reassuring 95% selling rate. For the past two years, we've proudly held the title of the fastest-selling estate agent, ensuring swift and successful sales for our clients. Our goal? To transform your property-selling experience into a seamless journey, empowering you to focus on your next move with confidence.

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Disclaimer - Property reference S1859747. 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 Rezee, Hull. 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.

*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.