Retail premises with 2 bedroom flat
259 Holderness Road,
259 Holderness Road,
Hull, HU8 8TD
A great investment opportunity here with the sale of this retail premises with a two bedroomed flat above.
259 Holderness Road, Hull, HU8 8TD
Price £160,000
Refurbished shop let as retail outlet for phones with 2 bed flat above over two floors
Located on popular Holderness Road in East Hull, this retail unit offers space of 1624 feet in total and is a great investment opportunity as both flat and premises are fully let and generating a monthly return.
The flat was completed to building regulations.
Current rent Net £13,020
ROI – 8%
Retail premises £585.00
Flat £360.00
Total £945.00 per month
Gross annual rent of £11,340 giving a yield of 6.67%
No costs, so the gross rents are also the net rents.
| Floors: | 3 |
| Bedrooms: | 2 |
| Bathrooms: | 1 |
| Kitchens: | 1 |
| Living Rooms: | 1 |