Holderness Road, Hull, HU9 3DL

Guide Price £180,000 - £200,000 plus Reservation Fee

An excellent opportunity to acquire a mixed-use investment property offering both commercial and residential income, situated in a prominent position on the ever-popular Holderness Road. Fully tenanted and producing a combined rental income of £1,445 per calendar month (£17,340 per annum), this property offers an attractive gross yield of approximately 9.63% based on the guide price.

The ground floor comprises a well-established beauty and hair salon, offering a spacious salon area to the front together with multiple treatment rooms, a separate kitchen and WC facilities. The commercial accommodation provides a versatile layout suitable for a range of beauty, hair or healthcare-related businesses and occupies a highly visible position with excellent passing trade.

Accessed independently via a secure side gate and rear staircase, the first and second floors comprise a spacious two-bedroom duplex apartment. The accommodation briefly comprises a generous lounge, separate fitted kitchen, two well-proportioned bedrooms and a bathroom, providing comfortable living accommodation and ensuring complete separation from the commercial premises below.

Holderness Road is one of Hull's busiest and most established commercial thoroughfares, connecting the city centre with the eastern suburbs. The area benefits from a high volume of passing traffic and strong pedestrian footfall, with an excellent mix of national retailers, independent businesses, cafés, supermarkets and local amenities. Well served by public transport and surrounded by densely populated residential neighbourhoods, Holderness Road continues to be a popular location for both commercial occupiers and residential tenants, making it an attractive proposition for property investors.

This is an ideal opportunity for investors seeking an income-producing mixed-use property in a well-established location with strong rental demand and excellent long-term investment potential.

Key Features:

Mixed commercial and residential investment opportunity
Ground floor beauty and hair salon
Multiple treatment rooms, kitchen and WC
Self-contained two-bedroom duplex apartment
Separate residential access via side gate and rear staircase
Fully let producing £1,445 PCM (£17,340 per annum)
Approximate gross yield of 9.63%
Prominent Holderness Road location with excellent passing trade

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Fees, Exclusivity & Disclaimer

Reservation Fee:
Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 1.5% of the purchase price (minimum £2,500 + VAT). This fee is in addition to the purchase price. Once paid, the property will be immediately taken off the market, preventing gazumping, reducing delays, and providing peace of mind.

Refund Policy:
The Reservation Fee may be refunded only in specific circumstances, including:

The seller withdrawing from the sale
A chain collapsing beyond the Buyer's control
Significant structural issues confirmed by a qualified structural survey
For full details of refund eligibility, please contact our office.

Exclusivity:
Upon payment of the Reservation Fee, Rezee grants the Buyer a fixed exclusivity period of 90 days from the issue of draft contracts. During this time, the property is reserved exclusively for the Buyer.

Buying Process:

Register your interest
Prepare your finances
Arrange a viewing
Make an offer
Secure the sale via our secure system
Exchange and complete
Important Information & Disclaimer:
A Ready Sale Pack containing detailed property information is available. Buyers are advised to review this pack and undertake their own due diligence before committing to purchase.

Buyers must verify their identity and provide proof of funds as part of our compliance process.

Rezee may offer related services, including conveyancing, mortgage advice and surveying, and may receive referral fees from third-party providers.

Whilst every care has been taken in preparing these sales particulars, they do not constitute any part of an offer or contract and should not be relied upon as statements of fact.

Stamp Duty (SDLT):
Liability for Stamp Duty Land Tax depends on the purchase price and the buyer's individual circumstances. Purchasers should seek advice from their solicitor or tax adviser to establish whether SDLT is payable and, if so, the amount due.

Rezee's Approach:
Our innovative selling process provides a secure and transparent way to buy property, helping to reduce the risk of failed transactions and providing greater certainty for both buyers and sellers.