Flat for sale in The Avenue, 30, Bishop Lane, Hull HU1

****Guide Price £50,000 - £55,000 plus reservation fee****
# Fantastic Investment Opportunity in Hull’s Old Town - Entry-Level Investment with Existing Tenant

Nestled in the heart of Hull’s historic Old Town, this apartment offers a superb entry-level investment opportunity with an existing tenant paying £500 pcm. This accessible investment provides a chance to own a piece of Old Town charm at a fraction of the usual cost, making it an ideal start to your investment journey.

**Key Features:**

- **Prime Old Town Location**: Situated in the heart of Hull’s vibrant Old Town, close to top bars, restaurants, Hull Marina, and the famous Fruit Market.
- **Existing Tenant**: A reliable tenant already in place, generating £500 pcm.
- **Entry-Level Investment**: Affordable way to step into property investment in a desirable location.
- **Spacious Layout**: Includes a large double bedroom, fitted kitchen, and a comfortable lounge.
- **Private Entrance**: Accessible via a communal entrance hall, leading to your private space.
- **Shared Inner Courtyard**: The lounge opens onto a shared courtyard, providing outdoor space to enjoy.
- **Three-Piece Bathroom Suite**: Well-maintained bathroom with all essential amenities.
- **Excellent Amenities Nearby**: Bishops Lane is within walking distance of Old Town’s top attractions and offers easy access to Hull Marina and the Fruit Market.

This property represents a rare opportunity to secure a solid investment in a highly sought-after location. Whether you’re starting your investment portfolio or adding to it, this apartment offers great potential.

**Contact us today to arrange a viewing and take the first step in your investment journey!**

**Fees, Exclusivity, and Disclaimer:**

**Fees:**

**Reservation Fee:** Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 2% 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 60 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.