2 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold
- Mixed use residential and commercial property
- Prime City Centre location
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.
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Property reference 241580. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Online Property Auctions - Glasgow.
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Broadband availability and predicted speed: obtained from Ofcom on February 27, 2024
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 27, 2024
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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