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Tivoli House, South Street, Hull, HU1 3AX

£40,000

1 bedroom property

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Main Features

  • Modern Open Plan Living
  • City Centre Location
  • Tenant in Situ paying 650.00 per month
  • Modern Kitchen & Shower Room
  • Double Bedroom
  • Priced to Sell & high yield
  • For Sale by Modern Auction - T & C's apply
  • Subject to Reserve Price
  • Buyers fees apply
  • The Modern Method of Auction

About this property

Slightly bigger than most in this block this flat is located on the third  floor - recently reduced and moved to the auction market, ready for a quick sale. Currently tenanted at £650pcm - this generates an attractive 13.45% yield.

A short stroll from Paragon Interchange and St Stephens it has secure intercom entry and both lift and stair access.

Ideal as an investors first buy to let or addition to a portfolio, it has an abundance of natural light from it's wall of windows. Compact, yet with a light and airy feel, it's finished to a high standard with modern fitments throughout.

Access from the communal area leads to a private entrance hallway, in turn accessing the apartment. Open plan, to enhance the sense of space, it has a modern fitted kitchen with integrated appliances incorporated within the living area. Beyond lies the shower room with a modern suite and double bedroom. Double glazing and heating are throughout.

Council Tax Band A 

EPC Rated E

Service charge  £486.82 every 6 months £81.13 pcm 

Ground rent £300 per annum 

Leasehold 250 years from 2020

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional. 

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