Guide price
£40,000
1 bed flat for saleColtman Street, Hull HU3
1 bed
2 baths
1 reception
EPC Rating: D
About this property
Investment Opportunity
Tenant in Situ
Private garden
EPC D
Council Tax Band A
For Sale by Modern Auction – T & c’s apply
Buyers Fees Apply
Subject to Reserve Price
The Modern Method of Auction
Situated in Hull, the flat benefits from access to the city’s range of amenities. Hull city centre offers shops, supermarkets, cafés and restaurants, along with cultural venues such as museums and galleries. Local parks and open spaces around the city provide options for walking and leisure.
Public transport connections are convenient, with Hull Paragon Interchange offering rail services to destinations such as Leeds, York and Sheffield, with journey times from around one hour, making regional travel straightforward. The bus network from the city centre also links surrounding neighbourhoods and business areas.
This property’s layout, current rental income and garden make it a straightforward investment proposition within Hull’s established rental market.
Property is offered for sale through the Modern Method of Auction which is operated by iamsold Limited (T&c's and buyer fees apply).
no upward chain involved
EPC rating: D.
External Approach
The property is located on a terrace with a concrete forecourt, brick wall boundary and iron gate. The flat is located on the ground floor access is via a wooden door leading to the communal corridor then to the wooden door of the flat.
Entrance Hall
Wood effect floor and stairs leading to the first floor.
Lounge (10'9" x 10'8" (3.28m x 3.25m))
Double glazed UPVC window, radiator and wood effect flooring
Kitchen (10'8" x 8'2" (3.25m x 2.49m))
Located to the rear aspect with double glazed UPVC window, a range of white wall and base units, contrasting worksurfaces, integrated electric hob and oven, extraction hood, stainless steel sink with mixer tap, radiator and wood effect flooring.
Ground Floor Bathroom (8'2" x 7'8" (2.49m x 2.34m))
Located to the rear aspect with two double glazed UPVC windows, white three piece bathroom suite with shower over the bath, radiator and vinyl flooring.
Landing
Providing access to the first floor bedroom
Bedroom (18'2" x 13'1" (5.54m x 3.99m))
Located to the rear aspect with double glazed UPVC window and carpet to the floor.
W/C (5'2" x 4'3" (1.57m x 1.3m))
With white W/C, sink, double glazed UPVC window, boiler and vinyl to the floor.
Rear Garden
A large garden with a concrete patio and grass
Parking
Parking is available on-street only
Services
Mains gas, water, electricity and drainage are connected to the property.
Services, fittings & equipment referred to in these sale particulars have not been tested (unless otherwise stated) and no warranty can be given as to their condition.
Heating
The property has the benefit of a gas fired central heating system (not tested).
Tenure
The property is leasehold.
Council Tax
Council Tax is payable to Hull City Council. The property is shown in the Council Tax Property Bandings List in Valuation Band A
Fixtures And Fittings
Certain fixtures, fittings and furniture may be purchased with the property or may be subject to separate negotiation.
Mortgage
We are pleased to work with Green and Green Mortgages who provide Northwood clients with expert independent mortgage advice.
With access to thousands of mortgages, including exclusive deals that are not available on the high street, the team of agents provide award-winning advice that is tailored to your individual circumstances.
The Mortgage Advice Bureau can help you to find the right mortgage product for you and help with your application every step of the way. We have a dedicated Mortgage advisor who can offer telephone appointments to discuss your individual needs at a time to suit you.
Note: Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.
Valuation
A market appraisal is a great way to start your property journey. You can find out what your property is worth with a virtual or face to face appointment in your home. If you’re thinking of making a move, we would love to hear from you. Call our sales team on to book your free, no obligation market appraisal now!
Agents Notes 1
Whilst every effort has been made to ensure the accuracy of the floor plan contained here, measurements of doors, windows, rooms and any other items are approximate and no responsibility is taken for any error, omission or mis-statement.
This plan is for illustrative purposes only.
Agents Notes 2
The property is being offered with tenant in-situ
The current rent is £420pcm offering a potential investor a good yield.
Anti Money Laundering
We are required by law to conduct anti-money laundering checks on all those selling or buying a property. Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Iamproperty/Movebutler who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy. The cost of these checks is £25.00 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to iamproperty/movebutler, and is non-refundable.
We will receive some of the fee taken by iamproperty/movebutler to compensate for its role in the provision of these checks.
Auctioneers Notes 1
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Auctioneers Notes 2
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional.
Mortgage calculator
£200 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (NaN years)
Service charge
£2,752 per year
Council tax band
A
Ground rent
£75
Ground rent date of next review



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