2 Bedroom Flat For Sale
Great Thornton Street, Hull, HU3 2LU
£55,000

Key Features

  • Excellent investment opportunity
  • Thoroughly refurbished by current owner
  • 1st floor apartment
  • Kitchen & bathroom new & immaculate
  • High return on capital
  • Close to City Centre & transport links
  • Big living room / 2 double bedrooms
  • VACANT POSSESSION - NO CHAIN

Summary

A first floor fully modernised 2 bedroom apartment contemporary décor throughout and with ample car parking, 5 minute"s walk from the Hull Paragon train station and city centre, adjacent to Hull Royal Infirmary.
The property briefly comprises of hall way, enclosed balcony, modern fitted kitchen with oven hob and fridge. Lounge with flat screen TV and WIFI. Two furnished double bedrooms with flat screen TVs, contemporary bath room with overhead shower and 3 piece suite.

Location

Located to the western edge of the City Centre, benefitting from all of the advantages offered by such a central location. The Hull Royal Infirmary, Kingston Communications Stadium (Home of Hull City AFC and Hull FC) are also very close by. Good public transport links are on offer to the surrounding villages of Cottingham, Anlaby and Hessle and excellent road connections are available to all parts of the city with easy access to the M62 via the A63 dual carriageway.

Ground Floor

Entrance Lobby

The main lobby is secured with a card-key entry system. Once inside, 2 flights of stairs and 2 lifts provide access to each of the units on all floors

First Floor

Hallway

The door to the apartment opens to a hallway with a walk-in storage cupboard and doors off to each of the rooms within. A wall mounted intercom provides remote access through the main doors on the ground floor

Lounge

16' 4'' x 11' 0'' (4.99m x 3.36m) The lounge is dual aspect with big windows to the south and the west creating a lovely bright space. A half-glazed UPVC door opens to an enclosed balcony area.

Kitchen

10' 5'' x 7' 1'' (3.2m x 2.17m) The kitchen is fitted to a high standard with cream base units and mounted cupboards contrasting with the dark woodgrain worktops. A stainless steel oven and hob is integrated with a matching extractor hood and there is accommodation beneath the surfaces for a fridge and a washing machine. Smart grey splash-back tiling surrounds the worktops with a light pastel shade to the walls above. A half-glazed door opens (to the south) to an enclosed balcony.

Bedroom 1

12' 8'' x 9' 10'' (3.87m x 3.01m) A double room with a walk-in wardrobe and a UPVC double glazed escape window

Bedroom 2

12' 7'' x 8' 10'' (3.86m x 2.71m) A further double room of a similar size to bedroom 1

Bathroom

6' 3'' x 5' 6'' (1.92m x 1.7m) The fixtures are modern and newly fitted. The white bath has a elegant chrome mixer tap. A rectangular vanity basin is mounted on a smart drawer unit and low-level WC completes the suite. Stylish splash back tiling gives the room a sense of luxury.

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Additional Information

For sale for £55,000.00, complete with all fixtures, fittings and utensils, a "turnkey" business managed and serviced returning a gross 17.7% yield giving an outstanding return on capital.
Currently let through MyPad on Airbnb at £29.00 per night for the 2 bedroom apartment. We are advised that similar rentals in Hull are between £35.00 and £45.00 per night so there"s great scope for substantial increase of income. 14 Storeys, 8 units per floor

Lease Term: 125 years from 3/04/89
Council Tax - £108.00 per month Band A
Hull CC quarterly service charge - £287.50
Hull CC yearly ground rent - £10.00
Hull CC Service charge & additional yearly charge £50.53 (April 2017 – March 2018)

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For further information on this property please call 01482 440244 or e-mail info@homeestates-hull.co.uk

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