12 bedroom Flat for sale in Cholmley Street Hull HU3

Sale Price: £60,000

Cholmley Street Hull, HU3 3DN

Flat
12 Bed(s)
-- Bath(s)
Available

 160 Newland Avenue, , Hull, , East Yorkshire
*When you call don't forget to mention Overstreet.co.uk

Request Detail

I am interested in other properties in this area:
 Schedule a Viewing Meeting with the Agent for this Property.

Street Address

Cholmley Street Hull, HU3 3DN

Property description

DEVELOPMENT OPPORTUNITY WITH FULL PLANNING PERMISSION FOR SIX SELF-CONTAINED FLATS

Summary:
This development opportunity is well placed within easy reach of a wealth of amenities including KC Stadium and Hull Royal Infirmary which is what makes this area one of Hull's most popular buy to let locations. Once the flats are completed, the property will provide a very attractive annual return with similar flats in the area currently achieving £350-£400 p.c.m. which would provide an approximate annual return of between £25-27,000 per annum.

Location:
The property is situated in the Anlaby Road area within a short distance of the Kingston Communication Stadium (Home to Hull City AFC and Hull FC) and West Park with local shopping and schooling nearby. There is good public transport to the city centre and the surrounding villages of Cottingham, Anlaby and Hessle and good road connections are available and excellent road connections are available to all parts of the city with access to the M62 via the A63 dual carriageway.

Introduction:
The property has full Planning Permission for the following accommodation, comprising six flats all with separate entrances.

Ground Floor:

One x 1 Bedroom Flat:

Two x 2 Bedroom Flats:

First Floor:

One x 2 Bedroom Flat:

One x 3 Bedroom Flat:

Second Floor/Loft:

One x 2 Bedroom Flat:

Outside:
Off street parking for two cars, bike and bin storage.

Rates Exemption:
The property us currently exempt from paying rates.

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 beercocks in this region than any other agent. Book your free valuation now!

Property Features :

  • Development Opportunity
  • Full Planning Permission For Six Self-Contained Flats
  • Popular Buy To Let Location
  • Attractive Annual Return
  • Early Viewing Recommended
 Get personalised flat listings that meet your exact requirements.