Property Brief
Situated close to a main arterial route into Hull City centre and perfectly placed for public transport links and nearby amenities, Weymouth Close is ideal for the BTL investor. The property comprises an entrance hall with built-in storage cupboards, a lounge/diner with access to the kitchen, a good-sized double bedroom and a well-appointed bathroom. Electric flow central heating and double-glazed throughout.

Condition Report
The property does not appear to have any structural defects on visual inspection. The bedroom would benefit from redecoration and the carpets cleaning throughout, the kitchen is dated but in serviceable order. The bathroom is in good, general condition.

Rental Information
Market rent £425 PCM

Leasehold Details 
Original Lease Term: 125 years
remaining lease Term: 109 Years
Ground Rent per annum: £10
Service Charges Per annum. £300
Freeholder: Hull City Council

Compliance
Electrical certificate (EICR): Test date 26-10-2021
EPC rating: C (69) Potential C (74)
Council Tax Band: A

Figures
Estimated upfront costs below:

Deposit = £12,500
Stamp duty = £2,500
Broker fee = £495
Solicitor fee (Est.) = £1,200
Ultralets fee = £1,800

Total = £18,495

Current yield is 10.2%

Buyer Disclaimer - https://bit.ly/3CzncNu

To speak to our in-house Mortgage Advisor, call the office on 01482 562562 and ask to speak to Jack Newton.