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2-4 Baker Street, HU2 8HP
£275,000
Bedrooms
Bathrooms
Reception
For sale with vacant possession and no chain, this Impressive Four Bedroom Detached Home on South Bridge Road, Victoria Dock requires a light refurbishment to create a superb family home.
Nestled in the highly coveted Victoria Dock village, this presents a rare opportunity for families seeking a blend of contemporary living and prime location. With easy transport links and proximity to Hull city centre, this property offers the perfect combination of convenience, accessibility, and top-quality living accommodation.
The layout allows the home to be used in different ways to cater to the demands of modern family life. The ground floor features a bright, inviting entrance hall leading to a dining room that could equally be used as a study perfect for a home office or quiet retreat. The expansive living room is full of natural light linking into the sunroom, providing additional living space for both family time and entertaining. The kitchen is a fine space, fitted with a selection of white base units and mounted cupboards and with sufficient space for a small table.
A staircase from the entrance hall extends to a landing and 4 double bedrooms of similar proportions. Bedroom 1 offers a private en-suite shower room, while the remaining three bedrooms are all double rooms. A contemporary family bathroom with a full suite finishes off the first floor.
Externally, the property continues to impress. A large rear garden is a private space, perfect for outdoor dining and relaxation. The block-paved driveway to the front provides plenty of off-road parking making this the full package. An integrated brick garage provides a home for the gas boiler and electrical consumer board.
For a detailed internal inspection please follow the link to our Virtual Tour.
Fabulous walks along the waterfront are very close by. Shops, the vibrant Fruit Market, the Hull Marina, a childrens park and a well-regarded school are within a short walk. The central location means also that the Victoria Dock Village offers easy transport to the M62 via the A63 (Castle Street).
Map location is not available for this property.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
2-4 Baker Street, HU2 8HP
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