3 Bed Block Of Apartments House For Sale Princes Avenue, Hull, HU5

We believe this property works best with a mortgage at 75% LTV or less based on a mortgage interest rate of 5.5%. \r
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The property was built as a traditional mid-terraced house, but in recent years has been sympathetically split into two spacious apartments - one, two bedroom and one, one bedroom apartment. The property has been refurbished to an exceptionally high standard, with the gas and electricity supplies separated to each unit.\r
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This opportunity offers tremendous flexibility and a number of uses, from BTL, to student, to supported living, to serviced accommodation or even owner occupier. There are little concerns over having multiple exit strategies here.\r
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The apartments are very well located, off Chanterlands Avenue in the highly regarded conservation area of 'The Avenues'. Princes Avenue is a short walk away and offers vibrant day and evening scenes with independent shops, bars and restaurants. The ever popular Newland Avenue is also within close proximity, and is an extension of Princes Avenue with an array of shops, cafes and restaurants. Conveniently, Hull University is just over 1 mile away. \r
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The overall accommodation extends to approximately 110m2 / 1,184.03 ft2, with an overall plot size of approximately 0.064 acres.\r
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The main front door enters into the communal entrance hallway where you are first greeted with the fabulous high ceilings and two individual doors to each apartment. Each of the apartments have been refurbished and furnished to a high standard throughout.\r
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Apartment 1 is the one bedroom apartment and is located on the ground floor accessed directly from the communal entrance hallway, it has the added benefit of sole use of the rear garden. Apartment 2 is a large two bedroom apartment and is located on the first floor, with entry door from the communal hall.\r
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Both of the apartments benefit from tenants in situ. With tenancies in place through to August 2025. All rents are inclusive of bills (excluding council tax) and apartments are metered individually.\r
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Apartment 1 is a spacious one bedroom apartment that takes up the majority of the ground floor. The apartment measures approximately 47m2.\r
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Accommodation includes a recently refurbished, bright and modern kitchen with integrated appliances and beautiful Herringbone flooring. To the rear of the kitchen, there is a lobby area where the boiler is located, a door leads to the shower room and the separate WC.\r
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There is an open plan flow from the kitchen through to the living space, a wonderful inviting room that is spacious and tactile providing ample room for seating and dining space, it also has an eye-catching exposed brick chimney breast complimented by modern, neutral decor.\r
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Off of the living room there is a large bedroom with an exposed brick wall and a bay window which provides lots of light into the room. \r
Apartment 1 also benefits from a large rear garden mainly laid to lawn with a patio area - ideal for entertaining.\r
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Apartment 2 is a spacious two bedroom apartment that takes up the whole of the first floor. \r
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Accommodation includes an open plan recently refurbished, bright and modern kitchen / living / dining room with integrated appliances, marble effect worktops and beautiful Herringbone flooring. \r
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The living space is extremely appealing and benefits from an exposed brick wall and modern, neutral decor. The room is stylishly furnished to maximise the space. There is a built in cupboard housing the boiler. \r
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Off of the hallway, there is the recently refitted shower room and two double bedrooms, one has a striking mustard colour feature wall while the second features made to measure furniture. \r
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To receive a copy of the comprehensive brochure please register on our buyers database - visit our website to complete the buyers registration form.\r
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Buyers premium of £5,000 + VAT - payable in two parts:\r
- A non-refundable reservation fee of £1,500 plus VAT (or 25% + VAT - whichever is greater)\r
- The balance is due upon legal completion (which is collected and paid by the buyers solicitor)