Lot 98
    Detached
    117 Princes Avenue
    Hull, North Humberside, HU5 3JL
    Unsold, the last bid was £314,000. Please refer to Auctioneer for Reserve
     
    Number 1
    A Freehold Semi-Detached Nine Bedroom HMO. Fully Let Producing £90,000 per annum

    Description

    The property comprises a large end of terrace house arranged over ground and two upper floors. The property is currently arranged as a nine bedroom licenced HMO.

    Location

    The property is situated on a residential road in Hull close to local shops and amenities in the popular Avenue area of Hull. The open spaces of Pearson Park are just across the road. The property is between the university and the city centre, so ideally placed for a variety of tenants. There are easy bus links into the city centre.

    Exterior

    The property benefits from good sized, private gardens to the front and rear, as well as a garage to the rear.

    Tenancy

    The property is fully let and managed on a company let producing £7,500 per calendar
    month.

    Note

    The property has not been inspected by Auction House London. All information has been supplied by the vendor who advises that three of the rooms benefit from en-suite shower rooms and that there is potential for development using land and garage to the rear of the property (subject to obtaining all relevant consents).

    Accommodation (2nd Column)

    Ground Floor
    Three Double Bedrooms
    Single Bedroom
    Shared Kitchen
    Laundry Room
    Separate WC with wash basin

    First Floor
    Four Double Bedrooms
    Single Bedroom
    Two Shared Bathrooms with WC's & wash basins

    Second Floor
    Shared Reception Room
    Shared Kitchen
    Shared Bathroom

    Viewing Details

    Open House Viewings:
    Monday 12th February 10:30-11:00
    Monday 19th February 10:30-11:00
    For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on
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    Additional Fees and Disclaimer

    Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

    Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

    Guides are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

    Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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