Property description

ATTENTION INVESTORS CURRENTLY ACHIEVING A VERY ATTRACTIVE ANNUAL INCOME WITH A YIELD OF 11% - FULLY REFURBISHED IN 2010(The figures provided above are worked out on the current rent and based on the property being fully occupied but could be subject to change.)Located at the top of Vermont Street which is prime student area with easy reach to Hull University and many of its surrounding amenities. This smart student property offers five lettable rooms all currently let, a large 35ft open plan living/kitchen, two bathrooms and benefits from double glazing and central heating. This would make a very straight forward investment for any potential buyer with an existing tenancy contract already in place until into next year.

LOCATION
Newland Avenue enjoys an abundance of restaurants, bars, cafes , local shops and public transportation, with access to both Hull City Centre and the A63/M62 motorway. The Hull University is also within a short walking distance.

ACCOMMODATION
The property is arranged on two floors and briefly comprises as follows:

ENTRANCE HALL
With fixed stair case leading to first floor landing.

BEDROOM 1 - 15' x 12' (4.57m x 3.66m)

BEDROOM 2 - 12' approx x 10' approx (3.66m x 3.05m)

OPEN PLAN LIVING/ KITCHEN - 35' x 9' approx opening to 12' (10.67m x 2.74m)
With wall and base level fitted units, work surfaces over, integrated oven and hob with extractor hood over, plumbing for automatic washing machine, spotlighting and one and a quarter bowl stainless steel sink and drainer unit. All white goods could be included subject to separate negotiations.

FIRST FLOOR

LANDING

BEDROOM 3 - 12' max x 9' max (3.66m x 2.74m)

BEDROOM 4 - 12' approx x 12' (3.66m x 3.66m)

BEDROOM 5 - 12' x 8' (3.66m x 2.44m)

BATHROOM 1 - 10' x 6' (3.05m x 1.83m)
With a three piece suite comprising panelled bath, shower and shower screen, pedestal wash hand basin and low level WC.

BATHROOM 2 - 9' 11\" x 8' (3.02m x 2.44m)
With a three piece suite comprising shower screen and shower over bath, pedestal wash hand basin and low level WC.

OUTSIDE
The property has an enclosed rear yard.

SPECIAL NOTE
The vendor advises that in October 2008 the following works were done in the property:Re-built rear extension and rendered.Fitted new roof on main building and rear extension.Removed kitchen walls and refurbished kitchen/lounge.Fully double glazed property.Created two new bathrooms.Split the front bedroom to create two bedrooms.

CENTRAL HEATING
The property has the benefit of gas central heating.

DOUBLE GLAZING
The property has the benefit of double glazing.

COUNCIL TAX
Council Tax is payable to the Kingston-Upon-Hull City Council. From verbal enquiries we are advised that the property is shown in the Council Tax Property Bandings List in Valuation Band A.*

FIXTURES & FITTINGS
Certain fixtures and fittings may be purchased with the property but may be subject to separate negotiation as to price.

DISCLAIMER
*The agent has not had sight of confirmation documents and therefore the buyer is advised to obtain verification from their solicitor or surveyor.

VIEWINGS
Strictly by appointment with the sole agents.

MORTGAGES
We will be pleased to offer independent advice regarding a mortgage for this property, details of which are available from our Hull - Newland Avenue office on 01482 343399. Independent advice will be given by Licensed Credit Brokers. Written quotations on request. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.

VALUATION/ MARKET APPRAISAL
Thinking of selling or struggling to sell your house? More people choose Beercock Wiles & Wick in this region than any other agent. Book your free valuation now!

Property Features :

• Fully Refurbished in 2010
• Currently Achieving a Very Attractive Annual Income with a Yield of 11%
• Prime Student Area
• Close Reach Of Hull University
• Local Shops And Amenities