3 Bedroom Apartment

***Guide Price £170,000 - £180,000 plus Reservation Fee***

A fantastic investment opportunity offering three self-contained flats under one freehold, all recently refurbished and generating a combined gross rental income of approximately £2,000 per month (£24,000 per annum) A Fantastic 14.1% approximate Yield. This turn-key property would make a superb addition to any landlord’s portfolio, with the hard work already done.

Each unit has been updated to a modern standard and is currently tenanted, offering immediate income from day one. The property is situated just off Spring Bank, in a high-demand rental location that places tenants within walking distance to local shops, Hull Paragon Interchange, St Stephen’s Shopping Centre, and Hull Royal Infirmary. With high occupancy rates and strong rental yields in the area, this is an ideal hassle-free buy-to-let opportunity.

Fees, Exclusivity & Disclaimer
Reservation Fee:
Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 1.5% of the purchase price (minimum £2,500 + VAT). This fee is in addition to the purchase price. Once paid, the property will be immediately taken off the market, preventing gazumping, reducing delays, and providing peace of mind.

Refund Policy:
The Reservation Fee may be refunded only in specific circumstances, such as:

The seller withdrawing from the sale
A chain collapsing beyond the Buyer’s control
Significant structural issues confirmed by a qualified structural survey
For full details of refund eligibility, please contact our office.

Exclusivity:
Upon payment of the Reservation Fee, Rezee grants the Buyer a fixed exclusivity period of 90 days from the issue of draft contracts. During this time, the property is reserved exclusively for the Buyer.

Buying Process:
Register your interest
Prepare your finances
Arrange a viewing
Make an offer
Secure the sale via our secure system
Exchange and complete
Important Information & Disclaimer:
A Ready Sale Pack containing detailed property information is available. Buyers are advised to review this pack and undertake their own due diligence before committing to purchase.

Buyers must verify their ID and provide proof of funds as part of our compliance process.

Rezee may offer related services (conveyancing, financial advice, surveying, etc.) and may receive referral fees from third-party providers.

While we take care to ensure sales particulars are accurate, they do not form part of any offer or contract and should not be relied upon as statements of fact.

Stamp Duty (SDLT):
Not all property purchases are subject to SDLT. Liability depends on factors such as purchase price and the buyer's position. Buyers should seek advice from a solicitor or tax adviser to confirm whether SDLT applies and how much they would have to pay.

Rezee’s Approach:
Our innovative selling process provides a secure and transparent way to buy property, designed to protect all parties and reduce the risks of failed sales.