£85,000

2 bed terraced house for sale

  1. Property photo 1 of 8.
  2. Property photo 2 of 8.
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Freehold

£85,000

(£267/sq. ft)

2 bed terraced house for sale

Ryde Street, Hull HU5

2 beds
1 bath
1 reception
318 sq. ft
EPC rating: D

Key Information

Tenure:
Freehold
Council tax band:
A

Local area information

Property location

Nearby amenities

  • Stepney Primary School 0.4 miles
  • St Vincent's Voluntary Catholic Academy 0.4 miles
  • Hull 1.4 miles
  • Cottingham 2.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Private garden
  • Investment Opportunity
  • 2 Bedroom, 1 Bathroom Mid-Terraced Property
  • Gross Yield 9.2%
  • Within Close Proximity to the University
  • Furnished & Tenanted Until August 2025
  • Undergone Refurbishment Programme in Recent Years
  • Rent: £651.79 (excluding utility bills)
We believe this property works best with a mortgage at 75% LTV or less based on a mortgage interest rate of 4.5%.

A super 2 bedroom investment property! The property is fully let and has been operated as a 2 bedroom houseshare (excluding utility bills) but can easily be offered as a family house according to the annual demand. The property is in good condition having undergone a programme of refurbishment in recent years.

Please note that since the photos were taken the sellers have made a number of improvements to the property including new external doors, flooring to the lounge and hall, two new lounge sofas and Venetian blinds to a number of windows (please refer to our walkthrough video in our comprehensive property brochure to see the property as it stands now).

The property is a traditional bay fronted mid-terraced property on a quiet residential side street located off Beverley Road within a short walk of Newland Avenue, Clough Road, Cottingham Road and the University of Hull. The overall size of the internal accommodation is approximately 624ft2.

Being sold as a going concern, the buyer will purchase this ready made investment complete with tenants and furnishings (sold as seen). With tenancies in place through to August 2025.

Approaching the property you are greeted with an attractive partially glazed UPVC front door which leads into the entrance hallway with bright and neutral decor and appealing wood effect flooring.

The first room off to the right of the hall is the living room featuring the bay window overlooking the front elevation and enclosed forecourt, the bay provides an abundance of natural daylight into the room. The lounge comes furnished with Venetian slat window blinds, two sofas and large wall mounted TV. At the end of the hall a door leads to the modern well equipped kitchen with breakfast bar, the kitchen includes a single fan oven, electric hob and chimney extraction hood, washing machine and fridge freezer. A small rear lobby leads to the house bathroom, and the partially glazed UPVC back door provides access to the enclosed rear yard we would suggest that a purchaser budget for resurfacing the space.

Back in the kitchen a staircase leads up to the first floor where there are two good sized double bedrooms with desk areas. The rooms have individual locks to doors and windows are fitted with Venetian blinds to match those found in the lounge.

The property is heated via a gas combi-boiler, benefits from being fully UPVC double glazed, has a Grade D interlinked fire detection system and fire doors to the lounge and kitchen.

Externally the plot is of a good size (approx 0.019 acres) with bounded forecourt to the front, and enclosed yard to the rear with pedestrian access along a shared alleyway to the rear.

Being a short walk from Beverley Road, Cottingham Road and Newland Avenue, there are a range of amenities close by including, numerous highly rated cafes and restaurants; independent shops, Banks, supermarkets and a post office.

To receive a copy of the comprehensive brochure please register on our buyers database - visit our website to complete the buyers registration form.

Buyers premium of £3,000 + VAT - payable in two parts:
- A non-refundable reservation fee of £1,500 plus VAT
- The balance is due upon legal completion (which is collected and paid by the buyers solicitor)

There are some planning applications within 0.5 miles of this home

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Floor plans and tours

Floor plans (1)

1 floor plan available

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  1. Zoopla
  2. For sale
  3. East Riding of Yorkshire
  4. Hull
  5. Ryde Street

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