Mixed commercial

£280,000

Cottingham Road, Newland, Hull, Kingston upon Hull, Hull and East Yorkshire, England, HU6 7SD, United Kingdom

Overview

Bedrooms
2
Bathrooms
2

Description

FOR SALE FREEHOLD – Semi-Commercial Investment Opportunity £280,000

Cottingham Road, Hull – Prime Location Next to the University

An excellent opportunity to acquire a prominent semi-commercial property in a highly sought-after location on Cottingham Road, positioned directly next to the university and benefiting from high levels of footfall and passing trade.

The property is currently owner-occupied and operating as a restaurant, offering flexibility for a buyer to either continue trading their own business from the premises or let the commercial unit as an investment.

Ground Floor – Commercial Premises

• Currently operating as a restaurant

• Highly visible main road position

• Suitable for a variety of commercial uses (subject to any required consents)

• Estimated rental income: £14,500 per annum

First & Second Floor – Residential Duplex Apartment

• Newly renovated throughout

• Spacious 2-bedroom duplex flat

• Ideal for owner occupation or as a rental investment

• Estimated rental income: £750 per calendar month (£9,000 per annum)

Investment Potential

If fully let, the property could generate:

• £23,500 gross annual income

• Approx. 8.4% gross yield based on the asking price

Key Features

• Prime university location

• Semi-commercial freehold

• Restaurant premises with strong passing trade

• Newly refurbished 2-bedroom duplex apartment

• Ideal for investors or owner-occupiers

• Strong rental potential

Asking Price: £280,000

A rare opportunity to acquire a mixed-use property in a thriving student area, offering both commercial income and residential accommodation.

📩 Enquire today for further information or to arrange a viewing.

📝 In house Broker services available- arrange your FREE consultation today

📧 Luxakey.commercial@gmail.com

📞 07840953143

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30 Years Fixed
3.5% Interest
  • Principal and Interest

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