Brecon Avenue, Hull, HU8

Guide Price £70,000 - £80,000 plus Reservation Fee

This recently refurbished two-bedroom end-of-terrace property represents an excellent opportunity for both first-time buyers and investors. Having recently undergone refurbishment, the property is ready to move straight into, whether for an owner-occupier or a potential tenant.

The accommodation provides a practical layout with two well-proportioned bedrooms and comfortable living accommodation, making this an ideal starter home or an attractive addition to a buy-to-let portfolio.

For investors, the property has an estimated rental value of approximately £650 PCM, equating to an estimated annual rental income of £7,800. Based on the guide price of £70,000, this represents an attractive gross rental yield of approximately 11.14%.

The property is situated in a popular residential area, conveniently located close to a wide range of surrounding shops, amenities and local facilities.

With the refurbishment already completed, the property offers the potential for a relatively straightforward investment with minimal initial works required, or an affordable opportunity for a first-time buyer looking to take their first step onto the property ladder.

Key Features:

Two Bedroom End-of-Terrace Property
Recently Refurbished
Ready to Move Into
Ideal Starter Home
Excellent Investment Opportunity
Estimated Rental Income £650 PCM
Estimated Annual Rental Income £7,800
Approx. 11.14% Gross Rental Yield at £70,000
Popular Residential Area
Close to Shops & Local Amenities

The rental figure provided is an estimated market rental value and prospective purchasers should satisfy themselves as to achievable rent, demand and all associated costs before proceeding.

 
Fees, Exclusivity & Disclaimer
Reservation Fee:
Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 1.5% of the purchase price (minimum £2,500 + VAT). This fee is in addition to the purchase price. Once paid, the property will be immediately taken off the market, preventing gazumping, reducing delays, and providing peace of mind.

Refund Policy:
The Reservation Fee may be refunded only in specific circumstances, including:

The seller withdrawing from the sale
A chain collapsing beyond the Buyer's control
Significant structural issues confirmed by a qualified structural survey
For full details of refund eligibility, please contact our office.

Exclusivity:
Upon payment of the Reservation Fee, Rezee grants the Buyer a fixed exclusivity period of 90 days from the issue of draft contracts. During this time, the property is reserved exclusively for the Buyer.

Buying Process:

Register your interest
Prepare your finances
Arrange a viewing
Make an offer
Secure the sale via our secure system
Exchange and complete
Important Information & Disclaimer:
A Ready Sale Pack containing detailed property information is available. Buyers are advised to review this pack and undertake their own due diligence before committing to purchase.

Buyers must verify their identity and provide proof of funds as part of our compliance process.

Rezee may offer related services, including conveyancing, mortgage advice and surveying, and may receive referral fees from third-party providers.

Whilst every care has been taken in preparing these sales particulars, they do not constitute any part of an offer or contract and should not be relied upon as statements of fact. Buyers should satisfy themselves as to the accuracy of all information provided.

Stamp Duty (SDLT):
Liability for Stamp Duty Land Tax depends upon the purchase price and the buyer's individual circumstances. Purchasers should seek advice from their solicitor or tax adviser to establish whether SDLT is payable and, if so, the amount due.

Rezee's Approach:
Our innovative selling process provides a secure and transparent way to buy property, helping to reduce the risk of failed transactions and providing greater certainty for both buyers and sellers.