Mixed use for sale
Property description & features
- Tenure: Freehold
- Reservation Fee Applicable
- T&C's Apply
- Versatile mixed-use building with commercial unit and two one-bedroom flats.
- Planning application submitted to convert ground floor commercial unit into two additional flats.
- Prime investment opportunity to increase rental income potential.
- Situated on a large plot with generous double garage and two large outbuildings.
- Vehicle access provided via 10-foot access.
- Convenient location on a housing estate off Cottingham Road.
- Within walking distance to Hull University and surrounding amenities.
- Don't miss out on this lucrative investment opportunity—schedule a viewing today!
*Guide Price £250,000 - £275,000 plus Reservation Fee*
Introducing an exceptional investment opportunity—a versatile mixed-use building offering both commercial and residential spaces.
This substantial property features a spacious commercial unit on the ground floor, currently unoccupied, along with two one-bedroom flats above, which are both occupied.
A planning application has been submitted to convert the ground floor commercial unit into two additional flats, enhancing the property's potential for rental income.
Upon approval of the planning application, the property will benefit from increased rental revenue and expanded residential capacity, maximising its investment potential.
Situated on a sizable plot, the exterior of the property boasts ample space, including a generous double garage and two separate large outbuildings, each with vehicle access provided via 10-foot access. This presents a multitude of possibilities for storage, workshops, or additional living space, subject to planning permission.
Conveniently located on a housing estate just off Cottingham Road, the property offers easy access to Hull University and a wealth of surrounding amenities. With its strategic position and diverse income streams, this investment opportunity is not to be missed.
Take advantage of this chance to acquire a lucrative asset with promising returns. Contact us today to arrange a viewing and explore the potential of this exceptional property.
Disclaimer
Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 2% to a minimum of £2500 plus VAT. The Reservation Fee is paid on top of the purchase price & deemed a part of the chargeable consideration when calculating Stamp Duty for the property.
The property has a Ready Sale Pack, which gives additional information regarding the property. It is the Buyer’s responsibility to request & examine the Ready Sale Pack before committing to purchase the property. We advise you also carry out your own due diligence prior to making an offer.
The Buyer is required to verify their ID & show proof of funds.
Rezee offer additional services, such as conveyancing, financial advice, surveying & other services associated with selling & buying a property. Rezee may receive a referral fee for these third party services.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
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*DISCLAIMER
Property reference S898022. 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 Rezee - Hull.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on April 8, 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
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
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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