12 Bed Other  For Sale  Cholmley Street   Hull  East Riding of Yorkshire  HU3  
£60,000
For Sale
TENURE: Freehold
CONTACT DETAILS: 
Reference: Quote Houseladder - 50155

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Planning Permission



Development Opportunity



Land







Overview

Tenure:
Freehold
Asking Price:

£60,000

DEVELOPMENT OPPORTUNITY WITH FULL PLANNING PERMISSION FOR SIX SELF-CONTAINED FLATS.


Summary:

This development opportunity is well placed within easy reach of a wealth of amenities including KC Stadium and Hull Royal Infirmary which is what makes this area one of Hull's most popular buy to let locations. Once the flats are completed, the property will provide a very attractive annual return with similar flats in the area currently achieving £350-£400 p.c.m. which would provide an approximate annual return of between £25-27,000 per annum.


Location:


The property is situated in the Anlaby Road area within a short distance of the Kingston Communication Stadium (Home to Hull City AFC and Hull FC) and West Park with local shopping and schooling nearby. There is good public transport to the city centre and the surrounding villages of Cottingham, Anlaby and Hessle and good road connections are available and excellent road connections are available to all parts of the city with access to the M62 via the A63 dual carriageway.




Introduction:

The property is currently in a acant stae, ready for redevelopment, it has the benefitof secured FULL Planning Permission for SIX self contained flats, the accommodation, comprising of six flats all with separate entrances.




Ground Floor:

One x 1 Bedroom Flat


Two x 2 Bedroom Flats.





First Floor:

One x 3 Bedroom Flat


One x 2 Bedroom Flat





Second Floor/Loft:


One x 2 Bedroom Flat.




Outside:

Off street parking for two cars, bike and bin storage and communal gardens.


Rates Exemption:

The property us currently exempt from paying rates.





The full plans are available on Hull City Councils Planning web site.
These are for general guidance only. You are responsible to confirm accuracy by inspection.