This substantial three-storey property is located in the popular and busy Holderness Road area and offers developers and investors an opportunity to redevelop the existing residential dwelling into a mixed-use property or five studio apartments. The current planning consent for this expires on 13 May 2024. The existing property is partly double glazed and benefits from gas central heating.  There are also two large buildings to the rear which have been used for storage/workshops. It is estimated that five studio apartments could generate an annual income in excess of £18,000.

Location

Situated on Holderness Road, in close proximity to local amenities including supermarket, pubs, bank and ATM, takeways, bingo hall and bus stops on a major bus route to the city centre. 

Accommodation

Ground Floor

Entrance Porch

Entrance Hall

With staircase leading of moulded cornices and double panel radiator.

Living Room

With Laminate flooring, bay window, electric fire in a traditional fireplace, moulded cornices to the ceiling.

Dining Room/Bedroom

With radiator.

Kitchen

With base units, stainless steel sink and gas cooker point.

Rear Hall/Utility

With large storage cupboard housing the hot water cylinder.

Wetroom

With walk in shower, low level WC and wash hand basin.

First Floor

Landing

With staircase to the second floor and two single radiators.

Living Room/Bedroom

With gas fire, two double radiators and bay window.

Bedroom

With double radiator

Bathroom

With corner bath, shower and vanity was hand basin.  Two single radiators.

Separate WC

With low-level WC.

Kitchen/Bedroom

It is fitted with a range of units, a stainless steel sink, a gas cooker point, and a wall-mounted gas central heating boiler. Fire escape window.

Second Floor

Landing

Bedroom

With double radiator.

Bedroom 

With double radiator.

Outside

To the rear of the property are two large outbuildings and an enclosed yard.

Planning Consent

Planning consent on the property was approved in May 2021 for 1. Change of use of sixbedroom dwelling into five studio apartments and 2. Erection of two singlestorey rear extensions following demolition of existing outbuildings andexternal staircase. This permission is set to expire on 13th May 2024 (prior to the auction).  Full details of the proposed alteration can be found on the Hull City council public access website using the reference number  21/00049/FULL.

Council Tax

Council Tax is payable to Hull City Council.  The property is currently listed as being in council tax band A

Solicitor

Murray Hills Solicitors, 368 Holderness Road, Hull, East Yorkshire, HU9 3DL

01482 309222   [email protected]

Viewing

Strictly by appointment with the auctioneers on 0845 400 9900

Tenure 
Freehold with vacant possession upon completion.

EPC rating: D(62)

Services 
Mains water, gas, electricity and drainage are connected.  The services have not been tested.

Local Authority 
This property falls within the geographical area of the East Riding of Yorkshire Council and is listed as being in Council Tax Band A.

Method of Sale

The property will be offered for sale by online auction with bidding commencing at 12.00 pm on Monday 20th May 2024 and closing on Wednesday 22nd May at 1.00pm. To register to bid and further legal information relating to this lot please go to auctionhouse.co.uk/hullandeastyorkshire.

Conditions of Sale

The property will be sold subject to conditions of sale, copies of which will be available for inspection at the auctioneer’s offices, with the solicitors and online at auctionhouse.co.uk/hullandeastyorkshire, before the date of the auction.

Additional Fees

The purchaser will be required to pay an administration charge of £900 (£750 plus VAT) subject to a minimum of 0.3% of the sale price including VAT and a buyer’s premium of £600 (£500 plus VAT) in addition to the purchase price of the property.

Guide Price

Guides are provided as an indication of each sellers minimum expectation. They are not necessarily figures which a property will sell for and may change at any time before the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction), which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Disbursements

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Online bidding

If you want to bid on this property, copy and paste the link below into your URL bar or into a Google search and it will take you to a video that explains the process: youtube.com/watch?v=ImXr4HXR36c
To register to bid please visit : auctionhouse.co.uk/hullandeastyorkshire