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Property Listing Details

Property details

  • 2 bedrooms

Features

  • Excellent investment opportunity
  • High return on capital
  • Thoroughly refurbished by current owner
  • Close to City Centre & transport links
  • 1st floor apartment
  • Big living room / 2 double bedrooms
  • Kitchen & bathroom new & immaculate
  • Vacant possession - no chain

Listing view statistics

Last 30 days: 76 page views

Since listed: 4016 page views

Description

A first floor fully modernised 2 bedroomed apartment contemporary décor throughout and with ample car parking, 5 minute"s walk from the Hull Paragon train station and city centre, adjacent to Hull Royal Infirmary.

The property briefly comprises of hall way, enclosed balcony, modern fitted kitchen with oven hob and fridge. Lounge with flat screen tv and wifi. Two furnished double bedrooms with flat screen TVs, contempary bath room with overhead shower and 3 piece suite.

For sale for £55,000.00, complete with all fixtures, fittings and utensils, a "turnkey" business managed and serviced returning a gross 17.7% yield giving an outstanding return on capital.

Currently let through MyPad on Airbnb at £29.00 per night for the 2 bedroom apartment. We are advised that similar rentals in Hull are between £35.00 and £45.00 per night so there"s great scope for substantial increase of income.

14 Storeys, 8 units per floor

Lease Term – 125 years from 3/04/89

Rates/Charges etc

Council Tax - £108.00 per month Band A

Hull CC quarterly service charge - £287.50

Hull CC yearly ground rent - £10.00

Hull CC Service charge – additional yearly charge £50.53 (April 2017 – March 2018)

Located to the western edge of the City Centre, benefitting from all of the advantages offered by such a central location. The Hull Royal Infirmary, Kingston Communications Stadium (Home of Hull City afc and Hull fc) are also very close by. Good public transport links are on offer to the surrounding villages of Cottingham, Anlaby and Hessle and excellent road connections are available to all parts of the city with easy access to the M62 via the A63 dual carriageway.

First Floor

Entrance

The main lobby is secured with a card-key entry system. Once inside, 2 flights of stairs and 2 lifts provide access to each of the units on all floors.

Hallway

The door to the apartment opens to a hallway with a walk-in storage cupboard and doors off to each of the rooms within. A wall mounted intercom provides remote access through the main doors on the ground floor.

Lounge

16' 4'' x 11' 0'' (4.99m x 3.36m) The lounge is dual aspect with big windows to the south and the west creating a lovely bright space. A half-glazed uPVC door opens to an enclosed balcony area.

Kitchen

10' 5'' x 7' 1'' (3.2m x 2.17m) The kitchen is fitted to a high standard with cream base units and mounted cupboards contrasting with the dark woodgrain worktops. A stainless steel oven and hob is integrated with a matching extractor hood and there is accommodation beneath the surfaces for a fridge and a washing machine. Smart grey splash-back tiling surrounds the worktops with a light pastel shade to the walls above. A half-glazed door opens (to the south) to an enclosed balcony.

Bedroom 1

12' 8'' x 9' 10'' (3.87m x 3.01m) A double room with a walk-in wardobe and a uPVC double glazed escape window.

Bedroom 2

12' 7'' x 8' 10'' (3.86m x 2.71m) A further double room of a similar size to bedroom 1.

Bathroom

6' 3'' x 5' 6'' (1.92m x 1.7m) The fixtures are modern and newly fitted. The white bath has a elegant chrome mixer tap. A rectangular vanity basin is mounted on a smart drawer unit and low-level WC completes the suite. Stylish splashback tiling gives the room a sense of luxury.

You could get

Superfast broadband Superfast broadband

Up to 80 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Hull 0.3 miles
  • New Holland 2.8 miles
  • Adelaide Primary School 0.3 miles
  • Collingwood Primary School 0.5 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Hull 0.3 miles
  • New Holland 2.8 miles
  • Adelaide Primary School 0.3 miles
  • Collingwood Primary School 0.5 miles

Market stats

Sale activity

Average estimated value for a flat in HU3:

  • £77,760
  • Price increase

  • £1,952
  • (2.575%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £51,880
  • Properties sold

    9

Rental opportunities

Looking for an investment? The average rent for a 2 bedroom flat in HU3 is currently:

£446 pcm

Recent sales nearby

See all recent sales in HU3
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Estimated running costs

Based on available 3rd party data

Approximate costs
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The Agent

Price history

Sold prices provided by Land Registry
28th Dec 2018 £55,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Marlborough Estate Agency. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Marlborough Estate Agency for full details and further information.