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2 bed property
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Our Summary
- Mixed commercial and residential investment opportunity
- This is an ideal opportunity for investors seeking an income-producing mixed-use property in a well-established location with strong rental demand and excellent long-term investment potential
- Key Features: Mixed commercial and residential investment opportunity Ground floor beauty and hair salon Multiple treatment rooms, kitchen and WC Self-contained two-bedroom duplex apartment Separate residential access via side gate and rear staircase Fully let producing £1,445 PCM (£17,340 per annum) Approximate gross yield of 9
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Description
The property is a mixed-use investment opportunity situated on Holderness Road, a busy and established commercial thoroughfare in Hull. The ground floor comprises a well-established beauty and hair salon with a spacious salon area, multiple treatment rooms, a separate kitchen, and WC facilities. The commercial accommodation is highly visible and benefits from excellent passing trade.
Above the salon, a self-contained two-bedroom duplex apartment offers comfortable living accommodation with a generous lounge, separate fitted kitchen, two well-proportioned bedrooms, and a bathroom. The property is fully let, producing a combined rental income of £1,445 per calendar month, and offers an attractive gross yield of approximately 9.63% based on the guide price.