Hessle Road
- Sale by modern auction (t apply)
- Subject to an undisclosed reserve price
- Buyers fees apply
- 3 self contained flats
- 2 commercial units
- Investment opportunity
Council Tax Band: A
Tenure: Freehold
The ground floor features two thriving commercial units-a salon and a bakery-each offering established businesses with a loyal customer base. With steady rental income already in place, these units provide a solid foundation for long-term financial growth.
Above the commercial spaces, three well-appointed flats offer comfortable accommodation for residents seeking the convenience of city living. Whether it's professionals, students, or young families, these flats provide the ideal urban retreat within reach of all the amenities the vibrant community has to offer.
Nestled within close proximity to shops, restaurants, transport links, and other essential services, residents and tenants alike will enjoy easy access to everything they need for modern living. With the modern method of auction streamlining the sales process, securing this investment opportunity has never been easier.
Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a promising opportunity, this property offers the perfect combination of stability and potential.
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Clinic/ Salon
Reception
29' 4" max x 28' 10" max ( 8.94m max x 8.79m max )Double glazed door to the front, three double glazed windows to the front, two double glazed windows to the side, four radiators and a storage cupboard.
Cloakroom
Low level W/C, wall wash hand basin, extractor fan and a radiator.Salon Room 1
7' 10" x 6' 8" ( 2.39m x 2.03m )Wash hand basin and a radiator.
Salon Room 2
8' 4" x 8' 10" ( 2.54m x 2.69m )Double glazed sliding door and window and radiator.
Salon Room 3
19' 5" x 9' 7" ( 5.92m x 2.92m )Radiator.
Salon Room 4
11' 9" x 9' 4" max ( 3.58m x 2.84m max )Single glazed door to the side, vanity wash hand basin and a radiator.
Kitchen
12' 5" max x 13' 10" max ( 3.78m max x 4.22m max )Two double glazed windows to the side, stainless steel sink, boiler and a radiator.
Bakery
Shop Front
21' 9" x 16' ( 6.63m x 4.88m )Double glazed door to the front, two double glazed windows to the front, stainless steel belfast style sink and tiled floor.
Kitchen
7' 5" x 10' 5" ( 2.26m x 3.17m )Double glazed window to the rear, wooden door to the rear, stainless steel sink, stainless steel belfast style sink and tiled floor.
W/ C
Low level W/C, wall wash hand basin, extractor fan, tiled floor and double glazed window to the rear.X3 Flats
Communal Entrance Hall
Double glazed door to the rear and a storage cupboard.Flat 1
Lounge/ Kitchen
14' 4" max x 14' 4" max ( 4.37m max x 4.37m max )Glossy wall and base units, work surfaces, 4 ring induction hob with hood over, cooker point, stainless steel sink, plumbing for an automatic washing machine, aircon, spotlights and two double glazed windows to the front.
Bedroom 1
14' 5" max x 13' 11" max ( 4.39m max x 4.24m max )Two double glazed windows to the front, double glazed window to the side and aircon.
Shower Room
Shower room with corner shower, vanity W/C and wash hand basin and an extractor fan.Flat 2
Hallway
Double glazed window to the rear.Lounge/ Kitchen
14' 3" x 16' 9" max ( 4.34m x 5.11m max )Wall and base units, work surfaces, 4 ring induction hob with hood over, integrated oven, integrated microwave, stainless steel sink, plumbing for an automatic washing machine, plumbing for dishwasher, electric fire, spotlights, aircon and two double glazed windows to the rear.
Bedroom 1
14' 4" max x 16' 9" max ( 4.37m max x 5.11m max )Two double glazed windos to the front and aircon.
En-Suite
En-suite with corner shower, vanity W/C and wash hand basin, towel style radiator and extractor fan.Flat 3
Use our handy mortgage calculator to estimate what your monthly repayments could be. Edit the fields below with the relevant details or, if you’d like a more accurate view on what your repayments could be, complete our mortgage enquiry form below and our Mortgage Consultant will be in touch.
* Terms and Conditions apply.
Mortgage enquiry
HULL
East Yorkshire
HU5 3AB
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.
A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.
ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.