HU3 271-273 Anlaby Road, Hull

271: comprises ground floor retail/office. The rear of the ground floor has been converted to a large 3-bedroom apartment for individual room lets with communal shower and kitchen facilities. On the first floor there is a 2-bedroom apartment together with a studio flat located on the second floor.

273: comprises of a commercial unit on the ground floor with two 1-bedroom flats on the first floor, and a studio apartment on the second floor.

There is a pedestrian right of way via Coltman Street with an additional pedestrian and vehicle right of way via the rear of 277 with an informal agreement of £100 pa to the rear yard which includes a container used for storage.

The premises are situated in a highly prominent position fronting Anlaby Road, located approximately 1½ miles west of Hull City Centre and benefitting from excellent road links to the motorway network, the City Centre and West Hull Villages. The premises are in close proximity to MKM Stadium as well as Hull Royal Infirmary which forms one of the largest Acute Trusts in England, employing over 80,000 staff based over the two sites at Hull Royal and Castle Hill.

Mixed Use Investment

2 shops

6 flats

3 rooms

Close Royal Infirmary.

Rear yard.

Potential for development.

Total Income - £50,820 pa

Initial yield of 11.78%

Purchase costs of 3.97% Gross yield of 12.25%.