Sold STC

3 Bedroom Terraced House

- Southcoates Lane, Hull


£135,000

Fabulous mixed use end of terrace property representing a 12% yield!!!, featuring double fronted shop currently used as a carpet shop, and two self contained flats above. All currently fully let and offered below market value.
Situated in a busy location with high footfall / traffic.

Shop currently paying £675 PCM - a new 4 year lease has been signed.
Flat 2 paying £320 PCM
Flat 4 paying £350 PCM

There is scope to increase on the rents for the flats

Rics valuation in 2017 was £155000.

Both flats are in a good condition having been refurbished only 4 years ago. Shop features large floor space which could be used commercially in various forms.

Floor space - 2143 sq ft

Please note, there is a 2% buyers fee subject to a minimum £1995 on this property.

It is preferred that current agent remains in place for continuity purposes......

2-4 Southcoates Lane EPC

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