3 bed terraced house for sale

Milford Grove, Hull HU9

Summary

Offered for sale by auction, this mid-terrace house represents a straightforward and ready-made investment opportunity, being sold with the benefit of an existing assured shorthold tenancy in place.

The property is currently let at a passing rent of 137.31 per week, providing immediate income from completion. A starting bid price of 65,000 makes this an attractive prospect for buy-to-let investors seeking yield from day one.

The accommodation briefly comprises an entrance hall, lounge and kitchen/diner on the ground floor, with three bedrooms, a bathroom and a separate W.C. To the first floor. The property benefits from uPVC double glazing and a gas central heating system.

Externally, there are gardens to both the front and rear.
A well-located and established rental property, ideal for investors looking to expand their portfolio with a tenanted asset producing instant return.
Ground floor


Entrance Hall

uPVC double glazed entrance door. Radiator. Laminate flooring.

Living Room

4.56m x 3.55m

With coving, laminate flooring. Radiator and uPVC double glazed window unit.

Kitchen/Diner

4.59m x 2.52m

With tiled flooring, fitted with a range of wall and base units incorporating sink unit with drainer and mixer tap, integrated electric oven and hob. Radiator. UPVC double glazed window unit and uPVC double glazed entrance door.
First floor


Landing

Bedroom 1

4.38m x 2.98m

With coving, radiator and uPVC double glazed window unit.

Bedroom 2

3.33m x 2.12m

With coving, laminate flooring. Radiator and uPVC double glazed window unit.

Bedroom 3

2.72m x 2.66m

With laminate flooring, radiator and a uPVC double glazed window unit.

Bathroom

Fitted with a panelled bath with mixer tap and shower attachment. Low flush w.c. Radiator and uPVC double glazed window unit.

Separate W.C

Fitted with a low flush w.c. Radiator and uPVC double glazed window unit.
Outside


Gardens

The property has gardens to the front and rear. The rear has been largely laid to lawn with timber decked patio area. The front has been largely laid to pebbles.

Outbuildings

Brick stores.

Council Tax Band: A
Tenure: Freehold

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.