91 Sculcoates Lane, Hull, North Humberside, HU5 1DN
£85,000+
2
Key Features
- An opportunity to acquire a freehold two bedroom student investment property
- Located 1.3 miles from Hull University Campus
- Let and producing £7,800 pa
Part of the
22 February 2024
auction
The Nottingham Racecourse
at
2.30PM
An opportunity to acquire a freehold two bedroom student investment property located 1.3 miles from Hull University Campus, let and producing £7,800 pa
- Approximately 1.3 miles south-east of Hull University Campus
- Campus is approximately 7 minutes by bike
- Within a popular and established student rental location
- Hull University hosts 16,000+ students from 100 Countries
- University is England's 14th oldest with 2,500 employees
- Fronting sculcoates Lane
- Variety of amenities within walking distance
- Providing two student letting rooms over 2 floors
- Benefits from a yard to the rear
- Representing a high yielding investment opportunity
- Annual Rent: £7,800 pa
- Ideal for investors
Contact Auction Estates on 0115 7844600
Fees
A buyer's premium of £1,800 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.
Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Freehold - subject to the existing tenancies (refer to legal pack) Total current rent reserved: £7,800 pa
Refer to Legal Pack