2 bed terraced house for sale

Egton Street, Hull, East Yorkshire HU8

Attention investors – A period property with plenty to tempt!

Offers over £70,000 – currently let at £650 pcm – tenants in situ!

Now here's one for the investment portfolio! If you're looking for a property that already has tenants in place and an income stream from day one, this appealing two-bedroom period mid-terrace could be just the ticket.

With a current rental income of £650 per calendar month (£7,800 per annum), the property offers an attractive gross rental yield of approximately 11.1% based on the asking price of £70,000. That's certainly something worth taking a closer look at!

Conveniently positioned within a popular residential location, this traditional home offers two genuine double bedrooms, a comfortable lounge, a generous fitted kitchen, ground floor bathroom and an enclosed rear courtyard.

Further benefits include gas-fired central heating and majority uPVC double glazing.

Already occupied by tenants, this is an opportunity to add a ready-let property to your portfolio without the immediate need to find a new tenant. Whether you're an established landlord or looking to take your first step into buy-to-let, this one deserves your attention.

Tenants in situ – two double bedrooms – £650 pcm rental income – approx. 11.1% gross yield – offers over £70,000.

When would you like to arrange your viewing?

EPC Grade D: Awaited. Council Tax Band A, payable to Hull City Council.

Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

HUL260185/8

Main Accommodation

Ground Floor

Sitting Room

4.1m (into recess) x 3.48m - A welcoming reception room featuring a double-glazed entrance door and front-facing window, laminate flooring, radiator and useful cupboard housing the gas and electric meters.

Breakfast Kitchen (4.06m x 4.04m (13' 4" x 13' 3"))

A particularly generous kitchen with plenty of room to work with, fitted with a range of beech-effect base and wall units complemented by contrasting work surfaces incorporating a stainless steel sink and drainer. Tiled splashbacks, double-glazed rear window and thermostat.

Lobby

Providing access to the rear courtyard via a double-glazed side entrance door, together with a useful built-in storage cupboard.

Bathroom

Fitted with a white suite comprising a panelled bath with electric shower over, pedestal wash hand basin and WC. Fully tiled walls, double-glazed side window and radiator.

First Floor

Landing

With rear-facing window and access to both bedrooms.

Principal Bedroom

4.1m (into recess) x 3.38m - A generous double bedroom with front-facing double-glazed window and radiator.

Bedroom Two (3.18m x 3.02m (10' 5" x 9' 11"))

A second well-proportioned bedroom with rear-facing double-glazed window, radiator and cupboard housing the boiler.

Outside

Rear Courtyard

An enclosed rear courtyard provides an outdoor space, with a gateway giving pedestrian access to a shared pathway.

Agent's Note

To fulfil the obligation to share material information, please follow the web link where you'll find a comprehensive document containing key facts for buyers, providing valuable insights related to the property that you'll undoubtedly find useful.

Agent's Note Two

Hmrc is a supervisory body for money laundering regulations, of which all estate agents need to be registered. As part of this, there are multiple requirements that agents must rigorously and consistently meet to ensure they stay compliant with the regulations and protect their clients. To do this, we use an identity verification service, approved by the Government as part of the Digital Identity and Attributes Trust Framework (diatf). This method and the process we follow to ensure compliance for your transaction come with significant time, financial and legal implications hence a portion of this is passed on. We elected for this verification process due to the speed, certainty, and accuracy it delivers. This helps us to protect all our client's interests by using the most advanced verification process to help prevent the impacts of money laundering alongside our internal manual policies and procedures while staying compliant with hmrc.

Agent's Note Two Continued

The administrative charge for this process is £40 plus VAT for a sole purchaser, £65 plus VAT for two purchasers and £75 plus VAT three or more purchasers.