For Sale By Auction | 1.00 pm, 22 May 2024 | Lot 25

151 Severn Street, Hull, HU8 8TH

*Guide | £75,000 (plus fees)

  • Terraced House
  • 3 Bedrooms
  • Tenure: Freehold

Call the team on 0845 400 9900 for more information

Auction Date

Wed 22/05/2024

Auction Time

1.00 pm

Auction Venue

Online

FOR SALE by ONLINE AUCTION on WEDNESDAY, 22nd May 2024, at 1:00 pm - GUIDE PRICE £75,000 A vacant three-bedroom mid-terrace house in need of some cosmetic updating offering an opportunity to investors for minor refurbishment and re-letting.

This three-bedroom mid-terrace house has previously been refurbished but is now rather tired and ready for a cosmetic update. The gas centrally heated and fully double-glazed accommodation provides an excellent investment opportunity to anyone looking to start a portfolio or to add to an existing one. The property provides generously proportioned accommodation in a popular area just off Holderness Road and also benefits from a good-sized South facing garden. Potential to generate a gross income of over £7,000 pa following refurbishment.

Tenure

Freehold

Location

Located off Holderness Road, you'll have easy access to a wide range of local services and amenities. Public transport links are readily available, allowing you to hop on a bus and reach the cultural city centre within approximately 15 minutes. Explore all the wonders the city has to offer with utmost convenience.

Accommodation

Ground Floor Living Room With two double radiators, bay window to the front, TV aerial point, laminate flooring and staircase leading off. Double doors open into Dining Area With a single radiator, laminate flooring and storage cupboard. Open plan to: Kitchen With one and a half bowl sink with mixer tap, wall-mounted gas central heating boiler, base and drawer units, larder cupboard, electric oven and four ring gas hob, rear entrance door. Bathroom The three-piece white suite includes a panelled bath with an independent shower and screen over, pedestal wash hand basin, low-level WC, and heated towel rail. First Floor Landing Bedroom One With a single radiator, TV aerial point and storage cupboard. Bedroom Two With single radiator, TV aerial point. Bedroom Three With a single radiator. Outside To the front is a small forecourt garden, and to the rear is a good-sized, fully enclosed garden with a shed and rear pedestrian access.

Viewing

Strictly by appointment with the auctioneers on 0845 400 9900

Tenure

Freehold with vacant possession upon completion.

Services

Mains water, gas, electricity and drainage are connected. The services have not been tested.

Method of Sale

The property will be offered for sale by online auction with bidding commencing at 12.00 pm on Monday 20th May 2024 and closing on Wednesday 22nd May at 1.00pm. To register to bid and further legal information relating to this lot please go to auctionhouse.co.uk/hullandeastyorkshire.

Conditions of Sale

The property will be sold subject to conditions of sale, copies of which will be available for inspection at the auctioneer’s offices, with the solicitors and online at auctionhouse.co.uk/hullandeastyorkshire, before the date of the auction.

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 before 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.

Online Bidding Information

If you want to bid on this property, copy and paste the link below into your URL bar or into a Google search and it will take you to a video that explains the process: youtube.com/watch?v=ImXr4HXR36c To register to bid please visit : auctionhouse.co.uk/hullandeastyorkshire

Legal Pack

A legal pack has been requested from the vendors solicitor and will be made available online as soon as it is received. You can register to receive an email notification when the pack is available by going to auctionhouse.co.uk/hullandeastyorkshire and clicking on the property you are interested in. On the property detail page you will see a red ‘LEGAL PACK’ button which you should click on and it will take you to the registration page.

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Council Tax is payable to Hull City Council. The property is currently listed as being in council tax band A

Solicitors

Murray Hills Solicitors, 368 Holderness Road, Hull, East Yorkshire, HU9 3DL , Ref: Ann Fletcher, Tel: 01482 309222 ann.fletcher@murrayhillssolicitors.co.uk

Offered in association with

Dee Atkinson and Harrison

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - The purchaser will be required to pay an administration charge of £900 (£750 plus VAT) subject to a minimum of 0.3% of the sale price including VAT and a buyer’s premium of £600 (£500 plus VAT) in addition to the purchase price of the property.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.