Flat for sale
£149,000 /Sale price - Hull City of Kingston upon Hull HU5 3RXDetails
- Price: £149,000 /Sale price
- Internal Reference No.: 70021808
Overview
FOR SALE BY ONLINE AUCTION THURSDAY 11TH APRIL 2024 AT 9.00AM. Mixed use commercial and residential investment. Turnkey tenanted commercial unit with long leasehold (999 years). Current rental income of £8,400 per annum - ideal investment with immediate income stream. Comes with vacant two bedroom flat occupying the 3 upper floors of the building. Online Property Auctions are delighted to present this long leasehold commercial investment on busy retailing street. This commercial unit is currently tenanted on a 5 year lease (starting from May 2022) at £8,400 per annum - currently trading as Asan's Barbers. The property also comes with a vacant freehold two bedroom flat set over first, second and third floors, with a balcony to the rear. Estimated end-market rent is in the region of £700pcm, giving the portfolio a potential income of £16,800. Fantastic yield of 11.3% at Guide Price. Ideal Buy-to-Let investment, or first time flat. The property is located on a busy retailing street, near Hull city centre. There are many shops, takeaways and other amenities in the area, with residential flats above. Close vicinity to the University of Hull.To view legal documents relating to this property please visit our website.Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/ Special Conditions in the Legal pack to confirm.All prices quoted are exclusive of VAT. For more details and to contact: https://realtyww.info/studios_hull-d196390/for-sale_i70021808Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
Amenities
- Home
- Attractive turnkey investment opportunity
- Mixed use residential and commercial property
- Prime City Centre location
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-03-30, Viewed 2 times.
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