Terraced House
The property does not currently have a License or Article 4 status but we are informed it has always been let as a HMO in previous years.
The property has six letting rooms and ALL have their own en-suite shower rooms and coin operated electric meters.
Estimated Rental Income circa £23,000 per annum.
Ryde Street is situated off Beverley Road which benefits from easy access to Hull City Centre. A wide variety of amenities are close-by which include, University, shops, public transport and schools.
The auctioneers have not inspected the property but believe it to comprise -
Communal entrance hall.
UPVC double glazed window and door to the side elevation. Base, wall and drawer units with work surfaces over. Open plan to the Lounge area.
UPVC double glazed bay window to the front elevation.
Corner shower, low flush wc and pedestal wash basin.
UPVC double glazed window to the rear elevation.
Corner shower, low flush wc and pedestal wash basin.
UPVC double glazed window to the front elevation.
Corner shower, low flush wc and pedestal wash basin.
UPVC double glazed window to the front elevation.
Corner shower, low flush wc and pedestal wash basin.
UPVC double glazed window to the front elevation.
Corner shower, low flush wc and pedestal wash basin.
UPVC double glazed window to the rear elevation.
Corner shower, low flush wc and pedestal wash basin.
Low maintenance rear garden.
Freehold.
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will 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. A full definition can be found within the Buyers Terms.
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