£70,000

2 bed end terrace house for sale

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Freehold

Guide price

£70,000

2 bed end terrace house for sale

Myrtle Grove, Lorraine Street, Hull HU8

2 beds
1 bath
2 receptions
EPC rating: D

Key Information

Tenure:
Freehold
Council tax band:
A

Local area information

Property location

Nearby amenities

  • Stoneferry Primary School 0.1 miles
  • Mersey Primary Academy 0.5 miles
  • Hull 1.7 miles
  • Hull Ferry Terminal 2.6 miles

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

Features and description

  • Freehold
  • Reservation Fee Applicable
  • T&c's Apply
  • Act now: Secure a lucrative addition to your investment portfolio.
  • Schedule a viewing: Don't miss this promising investment opportunity.
  • Ideal for tenants: Close to shops, cafes, and recreational facilities.
  • Modern living space: Comfortable interiors designed to appeal to tenants.
  • Excellent transport links: Easy commuting to the city center and beyond.
  • Prime location: Situated just off Lorraine Street with convenient access to local amenities.
  • Strong yield: Approximate yield of 9%, offering attractive returns for investors.
  • Lucrative investment: Two-bedroom property with tenants achieving £525 per calendar month.
***Guide Price £70,000 - £80,000 plus Reservation Fee***

Investment Opportunity: Welcome to this promising investment property, featuring two bedrooms and currently yielding £525 per calendar month from reliable tenants. With an approximate yield of 9%, it presents a lucrative opportunity for investors seeking strong returns.

Prime Location: Conveniently situated just off Lorraine Street, this property boasts a strategic position with easy access to an array of local amenities and excellent transport links to the entire city centre. Residents will enjoy the convenience of nearby shops, cafes, and recreational facilities.

Modern Comforts: Step inside to discover a modern and comfortable living space designed to appeal to tenants. The property offers two well-appointed bedrooms, ensuring a cosy and inviting atmosphere for occupants.

Convenient Connectivity: With its central location, this property provides seamless connectivity to the city centre, making it an ideal choice for tenants seeking convenient transportation options. Whether commuting by car, bus, or foot, residents can easily navigate the city.

Schedule a Viewing: Don't miss out on this lucrative investment opportunity. Schedule a viewing today to explore the potential of this property and secure a promising addition to your investment portfolio.

**Fees, Exclusivity, and Disclaimer:**

**Fees:**

**Reservation Fee:** Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 2% to a minimum of £2500 plus VAT. The Reservation Fee is paid on top of the purchase price. This reservation fee ensures that the property is taken off the market as soon as a sale is agreed, eliminating gazumping, time wasting, and financial loss.

The Reservation Fee can be refunded under certain circumstances;

i.e the seller deciding to pull out, a chain collapsing or structural issues verified by a structural survey. For more information on what would qualify for a refund then please speak to the office

**Exclusivity:**

Following the payment of the reservation fee, rezee will facilitate a fixed exclusivity period of 60 days from draft contracts being issued. During this time the property will be reserved, so there will be no risk of gazumping.

**Process:**

Our process:

1. Register your interest

2. Prepare your finances for the purchase

3. Arrange a viewing

4. Make an offer

5. Secure your sale using our secure system

6. Exchange and complete

**Disclaimer:**

The property has a Ready Sale Pack, which gives additional information regarding the property. It is the Buyer’s responsibility to request & examine the Ready Sale Pack before committing to purchase the property. We advise you also carry out your own due diligence prior to making an offer.

The Buyer is required to verify their id & show proof of funds.

rezee offers additional services, such as conveyancing, financial advice, surveying & other services associated with selling & buying a property. rezee may receive a referral fee for these third-party services.

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.

There are some planning applications within 0.5 miles of this home

Blurred out There are some planning applications within 0.5 miles of this home information

Assess how they might enhance or detract from this home’s value.

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Property descriptions and related information displayed on this page are marketing materials provided by - rezee. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact rezee for full details and further information.

  1. Zoopla
  2. For sale
  3. East Riding of Yorkshire
  4. Hull
  5. Lorraine Street
  6. Myrtle Grove

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