Summary - 48, HOLDERNESS ROAD HU9 1ED
3 bed 1 bath Mixed Use
**Standout Features:**
- 3-bedroom mixed-use property with a strong rental income of £22,400 p.a.
- Ground floor retail space (738 sq ft) recently refurbished in 2024.
- Two self-contained flats above (2-bedroom and studio), fully renovated in 2023.
- Exceptional Gross Initial Yield of 10.00%.
- Prime location on Holderness Road with high foot traffic and nearby amenities.
- Fully let with commercial 'rent-to-rent' arrangements, minimizing landlord responsibilities.
- Strong local demand, making this an attractive investment for landlords.
**Summary:**
Located at 48 Holderness Road in Hull, this mixed-use investment property is perfect for savvy investors seeking solid rental returns. The ground floor retail space, fully upgraded in 2024, provides a versatile area suitable for businesses, while the two newly refurbished flats above (a 2-bedroom and a studio) ensure consistent residential income. Together, these units generate a combined rent of £22,400 p.a., translating to a remarkable Gross Initial Yield of 10.00%.
The property is situated amidst a vibrant local community filled with cafés, restaurants, and services, enhancing its appeal to both commercial tenants and residents. Recent upgrades, including roof repairs, ensure minimal maintenance hiccups in the near future. With an excellent potential for growth in a high-demand area, this property offers not only an investment opportunity but also a chance to secure a central piece of Hull’s dynamic market. Don’t miss out on this exclusive opportunity—properties like this don’t remain available for long!
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