Investment Property for Auction East Yorkshire HU5 £130,000 - £160,000+

This property is from a past auction and is no longer available. Please visit our Homepage to view our current auction database

Auction date: Wed, 24/01/2024 - 13:00

A superb investment and redevelopment opportunity comprising a let 3-bedroom terrace house and adjoining offices, warehouse, workshop and flat suitable for redevelopment (subject to planning approval). The existing three-bedroom terrace house is currently let on an assured shorthold tenancy at a rent of £320 pcm (£3,840 pa) although this is considered to be very low and has not been reviewed for many years. Part of the first floor of the commercial premises comprises of a four-bedroom apartment that the current owner has previously let as bedsit accommodation that produced an income of £320 per week (£80 per room per week).

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