£70,000 /Sale price

INVESTMENT OPPORTUNITY*FOR SALE VIA MODERN METHOD OF AUCTION*Spacious one bedroom apartment offered FOR SALE in the K2 development located in Hull City Centre. INVESTMENT OPPORTUNITY Spacious one bedroom apartment offered FOR SALE in the K2 development located in Hull City Centre. The property briefly comprises; entrance hallway, open plan lounge/ kitchen/ diner, bedroom, storage room and bathroom. Linley and Simpson are currently renting this property on a fixed contract until 08/02/2026 - the Tenant is paying £725 PCM. This would make a great space for professionals as this development offers modern-day living. K2 is located in Hull City Centre, which is home to restaurants/bars, cafes, and St. Stephens Shopping Centre. There are great transport links surrounding as this development is only an 8-minute walk to Hull Paragon Interchange. This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the Reservation Period). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.Kitchen/ Lounge/ Diner 19'8 x 16'10 (6m x 5.13m)UPVC DG windows to front elevation, electric heating, carpeted and laminate effect flooring, wall and base units, stainless steel sink and drainer, built in oven and microwave, electric hob, extractor fan, integrated washing machine, fridge, freezer and dishwasher.Bedroom 14'6 x 12'3 (4.42m x 3.73m)UPVC DG windows to front elevation, electric heating and carpeted.Storage Room 12'1 x 4'8 (3.68m x 1.42m)Carpeted.Bathroom Three piece suite including panelled bath with shower over, WC and wash hand basin. Fully tiled with laminate effect flooring and stainless steel towel radiator.Material Information Leasehold Ground Rent - £331.75 Per Annum (correct as of 01/01/2025) Service Charge - £1917.00 Per Annum Lease Expires - 01/01/2144 Council Tax Band- A