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Modern Apartment for sale in Hull

Apartment 5, 1 Tower Park Mews, Hull, Yorkshire, HU8 9BX | Ref: CCM-60766382
For sale
£50,000 Guide Price
AUCTION PROPERTY
connect-uk-auctions
This property is marketed by:
Connect UK Auctions

A modern ground floor apartment. Excellent location. Ideal investors. Currently rented on A.S.T. £6,480 per year. 12.96% gross yield.

ACCOMMODATION:

Ground floor, entrance hall, kitchen, reception, two bedrooms, bathroom, rear garden.

LOCATION:

Kingston upon Hull, usually shortened to Hull, is a port city and unitary authority area in the East Riding of Yorkshire, England. It lies upon the River Hull at its confluence with the Humber Estuary, 25 miles (40 km) inland from the North Sea and 37 miles (60 km) south-east of York, the historic county town. With a population of 268,852 (2022), it is the fourth-largest city in the Yorkshire and the Humber region after Leeds, Sheffield and Bradford.

VIEWING:

By appointment only - Friday 26th July 2024

TENURE:

Leasehold

AUCTION DATE:

Connect Realtime® Bidding commences at 12pm with closing bids at 1pm, Thursday 19th September 2024.

The Lot is for sale via Traditional Auction. This is a timed auction, which requires both parties to complete the transaction within the completion date as per the auction legal pack. The buyer, is required to register, with Connect UK Auctions, in order to participate and will be required to go through, identification verification process. The auction Legal Pack, is available by request. You are required to complete your own due diligence prior to bidding. The Lot is subject to an undisclosed Reserve Price. The Reserve Price and Starting Bid being subject to change.

UNCONDITIONAL LOT:

Auction Fees apply, upon the fall of the gavel, as per the auction legal pack. The highest bidder, will also pay a deposit of 5% (minimum £5,000) of the hammer price and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the day of auction (unless otherwise stated in the legal pack).