£140,000

4 bed block of flats for sale

  1. Property photo 1 of 13.
  2. Property photo 2 of 13.
  3. Property photo 3 of 13.
Freehold

Guide price

£140,000

4 bed block of flats for sale

Albany Street, Hull HU3

4 beds
3 baths
3 receptions

Key Information

Tenure:
Freehold
Council tax band:
A

Local area information

Property location

Nearby amenities

  • Pearson Primary School 0.2 miles
  • Collingwood Primary School 0.2 miles
  • Hull 0.7 miles
  • Cottingham 2.9 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Reservation Fee Applicable
  • T&c's Apply
  • Priced to sell, ideal for expanding an investment portfolio
  • Close to St. Stephen's Shopping Centre
  • Easy reach to Hull City Centre and train station
  • Prime location just off Spring Bank
  • Some flats are duplex, offering additional space
  • Potential rental income between £18,000 to £21,000 per annum
  • Currently rented with immediate rental income
  • Three self-contained flats
***Guide Price £140,000 - £150,000 plus Reservation Fee***

**Investment Opportunity: Three Self-Contained Flats**

This fantastic investment property comprises three self-contained flats, all currently rented, with a potential estimated rental income between £18,000 to £21,000 per annum. Some of these flats are duplex, offering additional living space and versatility.

Key Features:
- **Three Self-Contained Flats:** Each flat is fully independent, providing privacy and convenience for tenants.
- **Currently Rented:** Immediate rental income, making it an ideal investment opportunity.
- **Potential Rental Income:** Estimated between £18,000 to £21,000 per annum.
- **Duplex Flats:** Some flats feature duplex layouts for added space and appeal.
- **Prime Location:** Situated just off Spring Bank, within easy reach of Hull City Centre, the train station, and St. Stephen's Shopping Centre.
- **Priced to Sell:** A great addition to any investment portfolio at a competitive price.

With its excellent location and strong rental potential, this property is a valuable investment opportunity. Don't miss out on adding this profitable asset to your portfolio. Schedule a viewing today!

**Fees, Exclusivity, and Disclaimer:**

**Fees:**

**Reservation Fee:** Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 2% to a minimum of £2500 plus VAT. The Reservation Fee is paid on top of the purchase price. This reservation fee ensures that the property is taken off the market as soon as a sale is agreed, eliminating gazumping, time wasting, and financial loss.

The Reservation Fee can be refunded under certain circumstances;

i.e the seller deciding to pull out, a chain collapsing or structural issues verified by a structural survey. For more information on what would qualify for a refund then please speak to the office

**Exclusivity:**

Following the payment of the reservation fee, rezee will facilitate a fixed exclusivity period of 60 days from draft contracts being issued. During this time the property will be reserved, so there will be no risk of gazumping.

**Process:**

Our process:

1. Register your interest

2. Prepare your finances for the purchase

3. Arrange a viewing

4. Make an offer

5. Secure your sale using our secure system

6. Exchange and complete

**Disclaimer:**

The property has a Ready Sale Pack, which gives additional information regarding the property. It is the Buyer’s responsibility to request & examine the Ready Sale Pack before committing to purchase the property. We advise you also carry out your own due diligence prior to making an offer.

The Buyer is required to verify their id & show proof of funds.

rezee offers additional services, such as conveyancing, financial advice, surveying & other services associated with selling & buying a property. rezee may receive a referral fee for these third-party services.

We endeavour to make our sales 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.

Stamp Duty, It's important for buyers to understand that not all property purchases incur Stamp Duty Land Tax (sdlt). Certain exemptions and thresholds exist, which may mean that some buyers won't have to pay sdlt at all. However, the specifics can vary based on several factors such as the purchase price, the buyer's circumstances and seller’s circumstances. To determine whether sdlt applies to their purchase and to understand the amount they may be required to pay, buyers are encouraged to seek advice from a solicitor.

rezee innovative way of selling is a secure and straightforward way to buy property.

Please note: To ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Floor plans and tours

Floor plans (1)

Floor plan 1

Tours

No virtual tour available

More information

Report this listing

Listed by

Property descriptions and related information displayed on this page are marketing materials provided by - rezee. 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 rezee for full details and further information.

  1. Zoopla
  2. For sale
  3. East Riding of Yorkshire
  4. Hull
  5. Albany Street

Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.