Mixed commercial

Teaser- more photos to come

FOR SALE – MIXED COMMERCIAL INVESTMENT OPPORTUNITY

Holderness Road, Hull

Offers in the region of £110,000

An excellent opportunity to acquire a mixed-use investment property in a prominent position on Holderness Road, Hull. This property offers immediate income from the commercial unit and strong value-add potential from the residential accommodation above.

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Ground Floor Commercial Unit

• Let on a new 5-year lease

• Currently producing £650 PCM (£7,800 per annum)

• Increasing to £700 PCM (£8,400 per annum) in Year 2

• Established tenant in situ

• Providing strong, secure income from day one

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First Floor 1-Bedroom Flat + Converted Loft

• Previously utilised as a 2-bedroom layout

• Requires renovation following previous tenancy

• Fantastic opportunity to add value

• Estimated rental income once refurbished: £650 PCM (£7,800 per annum)

• Excellent demand for rental property in this location

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Investment Breakdown

Year 1 Income:

• Commercial: £7,800

• Residential (once renovated): £7,800

• Total Potential Annual Income: £15,600

Year 2 Income (after rent increase):

• Commercial: £8,400

• Residential: £7,800

• Total Potential Annual Income: £16,200

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Potential Gross Yield (Based on £110,000 Purchase Price)

• Year 1:

£15,600 ÷ £110,000 = 14.18% Gross Yield

• Year 2 onwards:

£16,200 ÷ £110,000 = 14.72% Gross Yield

A high-yielding mixed-use asset with asset management upside and refurbishment opportunity.

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Additional Information

• Currently fully managed

• Strong rental location

• Scope to enhance capital value through refurbishment

• Ideal for investors seeking both income and growth

In-house Commercial mortgage broker availabile to discuss options

More details to follow.

For further information or to register interest, enquire today.

LUXAKEY COMMERCIAL

07840953143

Luxakey.commercial@gmail.com