37 Trinity Wharf, Hull HU1 1QE
Asking Price
£70,000
Current rent
£650
Vacant
Works Recommended
Contact Liam to discuss further
One Bedroom, First Floor, Leasehold Apartment - Vacant Possession
Property Brief
Modern in design, Trinity Wharf sits in a cobbled, courtyard setting within walking distance of the historic Museum Quarter, city centre and Marina.
Lift and stair access to all floors with well-maintained communal areas. The apartment itself is generous in proportion and benefits from an entrance hallway, an open-plan lounge/kitchen, a good-sized bedroom and a spacious bathroom. The lounge and bedroom are courtyard-facing with Juliet balconies to both. The Building is connected to mains electricity.
Condition Report
The property is in good condition throughout. No works required.
Rental Information
Market rent: £650 pcm
Leasehold Details
Management Company: Pure Block Management
Original Lease Term: 250 years
Remaining Lease Term: 231 years
Service charges: £72.92 pcm
Ground Rent: £75 pa
Comparables
The two most recent 1-bed apartments in the building sold for £105,000 and £90,000 respectively.
Compliance
Electrical certificate (EICR): Test date 14 July 2020
EPC rating: C (77), potential B (82)
Council Tax Band: B
Figures
Estimated upfront costs below:
Deposit = £17,500
Stamp duty = £3,500
Broker fee = £495
Solicitor fee (Est.) = £1,200
Ultralets fee = £1,800
Total = £22,695
Potential Gross yield 11.1%
Buyer Disclaimer - https://bit.ly/3CzncNu
To speak to our in-house Mortgage Advisor, call the office on 01482 562562 and ask to speak to Jack Newton.
Vacant
Works Recommended
Apartment
1 Bedroom
1 Bathroom
Double Glazing
Leasehold
See below the energy charts for this property