Summary - 153, NEW BRIDGE ROAD HU9 2LP
1 bed 1 bath Retail Property (high street)
Turnkey mixed‑use freehold with immediate rental income and refurbishment potential.
Ground‑floor retail with display window and electric roller shutter
One‑bed upper flat producing £495pcm assured shorthold rent
Total current income £12,240 per annum
Freehold sale; immediate rental income included
EPC: Retail C, Apartment E — energy improvement needed
Medium flood risk; property in a very high crime area
Solid brick construction; likely no wall insulation
Small plot and compact internal accommodation (approx 485 sq ft)
This mixed‑use freehold on New Bridge Road combines a ground‑floor retail unit and a one‑bed apartment, both currently let and producing a combined income of £12,240 per annum. The property offers direct high‑street frontage, a display window, electric roller shutter and a small rear yard with an outbuilding. Off‑street parking and an EPC C for the retail unit add practical benefits for continued retail use or short‑term re‑letting.
The building dates from the mid‑20th century and is of solid brick construction with post‑2002 double glazing. Heating is electric room heaters and there is no confirmed cavity insulation, so energy performance for the upper flat is modest (EPC E). The area is urban and densely populated with good pedestrian visibility and access to local amenities, but it also faces a medium flood risk, very high recorded crime rates and sits in a very deprived ward—factors investors should weigh when setting rents or planning tenant profiles.
Both units are let: the retail is on a three‑year lease from 2024 at an initial rent of £6,300 per year; the first‑floor one‑bed is on an assured shorthold tenancy at £495 pcm (£5,940 per year). As a small, average‑sized investment (circa 485 sq ft), it suits investors seeking an entry‑level freehold purchase with immediate income and short‑term uplift potential through modest refurbishment, EPC improvement works, or active asset management. Expect maintenance needs typical of a mid‑century property and plan for energy upgrades if aiming to improve lettability or rents.
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