Summary - 90 HAILGATE HOWDEN GOOLE DN14 7SZ
6 bed 1 bath Commercial Property
Immediate rental income with parking and period features close to parks and amenities.
Three self-contained apartments producing £19,740 pa total income
A period end-terrace in Howden’s town centre, converted into three self-contained flats currently producing a combined income of £19,740 pa (circa £1,645 pcm). The building sits within easy walking distance of local shops, schools and The Ashes Park, and benefits from a parking space for each apartment and a small rear yard to the ground-floor flat.
All three units are occupied on Assured Shorthold Tenancies, giving immediate rental income and a gross yield of approximately 7% at the asking price. The apartments are neutrally presented with modern kitchens and bathrooms and have gas central heating and an EPC rating of C — reasonable energy performance for a period building.
Notable positives include the town-centre location, parking to the rear, and the mix of 1-, 2- and 3-bedroom flats that appeal to a range of tenants. Equally, be clear-eyed about the downsides: units are small-to-average in size, two flats share a communal entrance and stair, and the area records above-average crime levels. The property is sold with tenants in situ — suitable for a hands-off investor but less so for those wanting vacant-possession refurbishment.
This is best suited to a buy-to-let investor seeking immediate income and scope to add value through targeted refurbishment, rent reviews or efficiency improvements. Essential due diligence points: tenancy agreements, deposit paperwork, service access to flats 2 and 3, and considerations around security given local crime rates.
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