27 and 27a Princes Avenue, Hull, North Humberside, HU5 3RX
- PROPERTY TYPE
Apartment
- SIZE
667 sq ft
62 sq m
Key features
- Attractive turnkey investment opportunity
- Mixed use residential and commercial property
- Prime City Centre location
Description
Online Property Auctions are delighted to present this long leasehold commercial investment on busy retailing street. This commercial unit is currently tenanted on a 5 year lease (starting from May 2022) at £8,400 per annum - currently trading as Asan's Barbers.
The property also comes with a vacant freehold two bedroom flat set over first, second and third floors, with a balcony to the rear. Estimated end-market rent is in the region of £700pcm, giving the portfolio a potential income of £16,800. Fantastic yield of 11.3% at Guide Price. Ideal Buy-to-Let investment, or first time flat.
The property is located on a busy retailing street, near Hull city centre. There are many shops, takeaways and other amenities in the area, with residential flats above. Close vicinity to the University of Hull.
To view legal documents relating to this property please visit our website.
Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/ Special Conditions in the Legal pack to confirm.
All prices quoted are exclusive of VAT.
Brochures
Legal DocumentsOnline Bidding- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
27 and 27a Princes Avenue, Hull, North Humberside, HU5 3RX
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hull Station0.9 miles
- Cottingham Station2.7 miles
- New Holland Station3.5 miles
About the agent
Online Property Auctions Scotland Limited, Glasgow
272 Bath Street, Glasgow, G2 4JR
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 241580. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Online Property Auctions Scotland Limited, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Online Property Auctions Scotland Limited, Glasgow on 0141 673 1042.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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