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37 Trinity Wharf, Hull HU1 1QE

Asking Price

£70,000

Current rent

£650


Vacant

Works Recommended

Contact Liam to discuss further

Connect on LinkedIn

Mobile: 07361258548

Office: 01482 562 562

Email Address: liam@ultralets.co.uk

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37 Trinity Wharf, Hull HU1 1QE

Asking Price

£70,000

Current rent

£650


Vacant

Works Recommended

Contact Liam to discuss further

Connect on LinkedIn

Mobile: 07361258548

Office: 01482 562 562

Email Address: liam@ultralets.co.uk


37 Trinity Wharf, Hull HU1 1QE

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.


Key Features

Vacant

Works Recommended

Apartment

1 Bedroom

1 Bathroom

Double Glazing

Leasehold


Location and area


Energy Performance Certificate

See below the energy charts for this property


Floor Plan