Guide price
£60,000
2 bed flat for saleBeatty House, Compass Road, Hull HU6
2 beds
1 bath
1 reception
EPC Rating: E
- Retirement
- Chain free
- Leasehold
About this property
Reservation Fee Applicable
T&c's Apply
Ideal for investors seeking a high-yield opportunity
12% gross yield based on a purchase price of £60,000
Currently tenanted, achieving £600 pcm rental income
Within walking distance of a large Tesco supermarket
Located on the corner of Compass Road, a sought-after area
First floor: Two generously sized bedrooms and a bathroom
Ground floor: Entrance hall, fitted kitchen, and living room
Spacious duplex apartment with accommodation over two floors
***Guide Price £60,000 - £70,000 plus Reservation Fee***
Spacious Two-Bedroom Duplex Apartment – Fantastic Investment Opportunity
This large duplex apartment spans two floors, offering well-proportioned accommodation that’s ideal for tenants or owner-occupiers. Currently tenanted and achieving £600 pcm, this property delivers a 12% gross yield based on a purchase price of £60,000, making it a standout investment opportunity.
Key Features:
Accommodation over two floors providing ample space
Ground floor: Entrance hall, fitted kitchen, and living room
First floor: Two generously sized bedrooms and a bathroom
Located on the corner of Compass Road, a fantastic area
Within walking distance to a large Tesco supermarket
Currently tenanted, achieving £600 pcm for immediate rental income
Situated in a highly convenient location, this duplex apartment offers excellent value and strong rental returns. Arrange your viewing today!
**Fees, Exclusivity, and Disclaimer:**
**Fees:**
**Reservation Fee:** Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 1.5% to a minimum of £2500 plus VAT. The Reservation Fee is paid on top of the purchase price. This reservation fee ensures that the property is taken off the market as soon as a sale is agreed, eliminating gazumping, time wasting, and financial loss.
The Reservation Fee can be refunded under certain circumstances;
i.e the seller deciding to pull out, a chain collapsing or structural issues verified by a structural survey. For more information on what would qualify for a refund then please speak to the office
**Exclusivity:**
Following the payment of the reservation fee, rezee will facilitate a fixed exclusivity period of 90 days from draft contracts being issued. During this time the property will be reserved, so there will be no risk of gazumping.
**Process:**
Our process:
1. Register your interest
2. Prepare your finances for the purchase
3. Arrange a viewing
4. Make an offer
5. Secure your sale using our secure system
6. Exchange and complete
**Disclaimer:**
The property has a Ready Sale Pack, which gives additional information regarding the property. It is the Buyer’s responsibility to request & examine the Ready Sale Pack before committing to purchase the property. We advise you also carry out your own due diligence prior to making an offer.
The Buyer is required to verify their id & show proof of funds.
rezee offers additional services, such as conveyancing, financial advice, surveying & other services associated with selling & buying a property. rezee may receive a referral fee for these third-party services.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Stamp Duty, It's important for buyers to understand that not all property purchases incur Stamp Duty Land Tax (sdlt). Certain exemptions and thresholds exist, which may mean that some buyers won't have to pay sdlt at all. However, the specifics can vary based on several factors such as the purchase price, the buyer's circumstances and seller’s circumstances. To determine whether sdlt applies to their purchase and to understand the amount they may be required to pay, buyers are encouraged to seek advice from a solicitor.
rezee innovative way of selling is a secure and straightforward way to buy property.
Please note: To ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.
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Stamp duty calculator
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More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review