Opportunities to buy properties in the Avenues area of Hull on this scale are rare, so an early viewing is vital.
Despite a recent transformation from apartments into a single dwelling, this imposing Avenues property retains much of the character of the Victorian era with all the benefits of a fresh modern environment. This is a fantastic living space.
Through an enclosed entrance porch is an original front door with an ornate leaded glass surround and a splendid entrance hall with a traditional staircase and a geometric mosaic tiled floor. The lounge has stained wooden floorboards, a stunning period fire surround and the usual period features around the room and the dining room is a super bright space with similar features.
The hallway continues past a cloakroom with a WC and basin (needs some development) and a further room that is currently in use as a nursery / playroom. The morning room and kitchen combine to create a wonderful open-plan dining kitchen with a substantial island, integrated appliances and lots of modern cupboards, units and work surface area. French doors open to the a side garden and seating area. At the back of the kitchen, bi-fold doors open fully to the long walled garden with mature trees, a 2nd seating area and a wooden sun house.
A split-level staircase extends from the entrance hall to the first-floor landing with 4 bedrooms (including 3 double rooms), a study adjacent to bedroom 1, a utility room with a boiler room/laundry off and two bathrooms with a separate WC. The layout of the 1st floor rooms from the midpoint to the to the back of the house, provides the option to create a guest wing or annexe.
The main staircase continues to the 2nd floor with 2 double bedrooms and a bathroom with a clawfoot bath, pedestal basin & WC. A roof light mid-way up the 2nd staircase lights up the landing area.
The house benefits from gas central heating, a full rewire in 2025 and insulation has been added to the floor and ceiling in the kitchen. It has also been reconfigured and upgraded in many other areas.
To appreciate the extent of the accommodation on offer, please see the virtual tour representation within the property photos.
Westbourne Avenue runs between Chanterlands Avenue and Princes Avenue, offering good shopping and a range of cafes, restaurants and bars. The position of this property puts it in the catchment area of the Bricknell School and Kelvin Hall both of which have a sound reputation. The city centre, the University of Hull and the MKM stadium are easily accessible.
Tenure : Freehold
Council Tax Band : E
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
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.
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.
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.
| Tax Band | % | Taxable Sum | Tax |
| less than £250k | 0 | ||
| £250k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
| Tax Band | % | Taxable Sum | Tax |
| less than £250k | 3 | ||
| £250k to £925k | 8 | ||
| £925k to £1.5m | 13 | ||
| rest over £1.5m | 15 |
| Tax Band | % | Taxable Sum | Tax |
| less than £425k | 0(5)** | ||
| £425k to £625k | 5 | ||
| £625k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
