Sunny Bank
Hull
guide price
£270,000
Tenure: Freehold
Ref: NEA118984
- Sale by modern auction (t apply)
- Subject to an undisclosed reserve price
- Buyers fees apply
- 8 bedroom investment opportunity
- Currently being used as a bed and breakfast generating income
- Situated in a prime location
monthly mortgage estimate
William H. Brown is delighted to market this 8 bedroom investment opportunity! This property has a self contained granny flat to the ground floor and is to be sold by the modern method of auction!
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Council Tax Band: Contact branch
Tenure: Freehold
floor plans
in detail
Introducing a remarkable investment opportunity: an 8 bedroom property, including a self-contained granny flat, located conveniently close to the city centre. Currently being used as a Bed and Breakfast generating income! This versatile property boasts a high annual income and offers tremendous potential for investors looking to expand their portfolio.
Situated in a prime location, this property ensures easy access to the vibrant city centre, with its array of shops, restaurants, and entertainment options. Excellent local amenities and transport links further enhance its appeal, making it highly attractive to tenants.
The property features 8 well-appointed bedrooms, providing ample living space for multiple tenants. The inclusion of a self-contained granny flat offers added flexibility, ideal for extended family members, guests, or an additional rental income stream.
On-street parking is available, ensuring convenience for residents. Each unit within the property is designed to offer comfort and functionality, making it an appealing choice for tenants seeking quality accommodation close to the heart of the city.
This investment opportunity is not only about the current high rental yield but also the potential for future value appreciation. The property's location and configuration make it a valuable asset in any investor's portfolio.
Don't miss out on the chance to acquire a high-income-generating property in a sought-after location. Arrange a viewing today!
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Double glazed bay window to the front, tall radiator, coving to the ceiling, decorative ceiling rose and cornices.
Double glazed window to the side, built in wardrobe, boiler and a radiator.
Double glazed window to the side, double glazed window to the rear, double glazed door to the side, two tall radiators, spotlights and access to the loft.
Fitted kitchen with a range of glossy wall and base units, work surfaces, 7 ring gas cooker with hood over, ceramic belfast style sink, wall wash hand basin, radiator and single glazed window to the side.
Double glazed window to the rear, radiator, coving to the ceiling, decorative ceiling rose and cornices.
Double glazed window to the rear, recess storage and a radiator.
Double glazed bay window to the front, wall wash hand basin, recess storage, radiator, coving to the ceiling and cornices.
Double glazed window to the front, wall wash hand basin and a radiator.
Double glazed velux style window to the front, double glazed velux style window to the rear, eaves storage and pedestal wash hand basin.
Double glazed window to the rear, wall wash hand basin and a radiator.
Double glazed window to the side, corner shower, wall wash hand basin and a radiator.
Situated in a prime location, this property ensures easy access to the vibrant city centre, with its array of shops, restaurants, and entertainment options. Excellent local amenities and transport links further enhance its appeal, making it highly attractive to tenants.
The property features 8 well-appointed bedrooms, providing ample living space for multiple tenants. The inclusion of a self-contained granny flat offers added flexibility, ideal for extended family members, guests, or an additional rental income stream.
On-street parking is available, ensuring convenience for residents. Each unit within the property is designed to offer comfort and functionality, making it an appealing choice for tenants seeking quality accommodation close to the heart of the city.
This investment opportunity is not only about the current high rental yield but also the potential for future value appreciation. The property's location and configuration make it a valuable asset in any investor's portfolio.
Don't miss out on the chance to acquire a high-income-generating property in a sought-after location. Arrange a viewing today!
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Entrance Hall
Double glazed entrance door, double glazed window to the front, radiator and corbels.Bedroom 1
15' 7" max x 14' 11" max ( 4.75m max x 4.55m max )Double glazed bay window to the front, tall radiator, coving to the ceiling, decorative ceiling rose and cornices.
En-Suite
En-suite with corner shower, low level W/C, wall wash hand basin, tiled walls and tiled floor.Communal Dining Room
14' 3" x 11' 10" max ( 4.34m x 3.61m max )Double glazed window to the side, built in wardrobe, boiler and a radiator.
Self Contained Flat
23' 6" max x 11' 7" max ( 7.16m max x 3.53m max )Double glazed window to the side, double glazed window to the rear, double glazed door to the side, two tall radiators, spotlights and access to the loft.
En-Suite
En-suite with panelled bath with shower over, low level W/C, pedestal wash hand basin, towel style radiator and extractor fan.Communal Kitchen
10' 5" x 11' 8" ( 3.17m x 3.56m )Fitted kitchen with a range of glossy wall and base units, work surfaces, 7 ring gas cooker with hood over, ceramic belfast style sink, wall wash hand basin, radiator and single glazed window to the side.
Utility Room
Two single glazed windows to the rear, two single glazed windows to the side, UPVC style door to the front and plumbing for an automatic washing machine.Bedroom 2
12' 10" max x 13' 8" max ( 3.91m max x 4.17m max )Double glazed window to the rear, radiator, coving to the ceiling, decorative ceiling rose and cornices.
En-Suite
En-suite with corner shower, low level W/C, wash hand basin, extractor fan, tiled walls and tiled floor.Landing
Split level landing with understairs storage, access to the loft and single glazed door to the side to fire exit.Communal Cloakroom
Low level W/C and double glazed window to the side.Bedroom 3
12' 10" max x 12' 2" max ( 3.91m max x 3.71m max )Double glazed window to the rear, recess storage and a radiator.
En-Suite
En-suite with corner shower, low level W/C, wall wash hand basin, extractor fan, tiled walls and tiled floor.Bedroom 4
15' 7" into bay x 12' 10" max ( 4.75m into bay x 3.91m max )Double glazed bay window to the front, wall wash hand basin, recess storage, radiator, coving to the ceiling and cornices.
Bedroom 5
9' 6" x 6' 4" ( 2.90m x 1.93m )Double glazed window to the front, wall wash hand basin and a radiator.
Bedroom 6
12' restricted head height x 19' 10" max ( 3.66m restricted head height x 6.05m max )Double glazed velux style window to the front, double glazed velux style window to the rear, eaves storage and pedestal wash hand basin.
Communal Bathroom
Bathroom with panelled bath with shower over, low level W/C, pedestal wash hand basin, storage cupboard, radiator, tiled walls, tiled floor and double glazed window to the side.Seperate Communal W/C
Low level W/C and double glazed window to the side.Bedroom 7
6' 9" x 11' 9" ( 2.06m x 3.58m )Double glazed window to the rear, wall wash hand basin and a radiator.
Bedroom 8
9' 11" x 8' 3" ( 3.02m x 2.51m )Double glazed window to the side, corner shower, wall wash hand basin and a radiator.
Front Garden
Paved pavement and patio with wall surround.Rear Garden
Concrete yard with fence surround.
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82 Newland Avenue
HULL
East Yorkshire
HU5 3AB
HULL
East Yorkshire
HU5 3AB
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*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE
QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR
MORTGAGE.
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.
Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.
Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.
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