Freehold terrace with immediate rental income and garden potential.
Freehold mixed-use property with immediate rental income of £12,300 pa
Ground-floor office let to Paragon Accounts Limited
Upper-flat let on an assured short hold tenancy (residential)
Traditional Victorian mid-terrace with attic conversion to two bedrooms
Larger-than-typical rear garden with outbuilding for storage
Dated external wear and internal updating likely required
Small forecourt only; limited street frontage and internal footprint
Medium flood risk; buyers should obtain flood and compliance checks
A mixed-use freehold on Hull Road, Hessle offering immediate income and long-term upside. The ground floor is occupied by an established accounts business, while the upper flats are let on an assured short hold tenancy, providing a steady rental return for a hands-off investor.
The building is a traditional Victorian mid-terrace with two main storeys plus a converted attic. Accommodation includes a ground-floor reception, walk-through office, kitchen, archive store and WC, with a self-contained flat above (sitting room, kitchen, bathroom and two attic bedrooms). There is UPVC double glazing and gas central heating, plus a larger-than-typical rear garden and outbuilding.
Notable positives include freehold ownership, immediate rental income of £12,300pa and a busy arterial road location with strong local amenities and good road links to Hull, the A63 and the Humber Bridge. The property suits a small-scale investor seeking an easy-to-manage, mixed-use holding with refurbishment or reconfiguration potential.
Material drawbacks are factual and important: the building shows dated external wear and internal areas will benefit from updating; the frontage is modest with only a small forecourt; the loft has been sub-divided into bedrooms which may need checking for compliance; and the site sits in a medium flood-risk zone. Prospective buyers should allow for renovation and legal/tenant checks prior to purchase.
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