£90,000

1 bed light industrial for sale

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Freehold

Guide price

£90,000

1 bed light industrial for sale

434 Marfleet Lane, Hull HU9

1 bed
1 bath
1 reception

Key Information

Tenure:
Freehold
Council tax band:

Local area information

Property location

Nearby amenities

  • Maybury Primary School 0.3 miles
  • Archbishop Sentamu Academy 0.4 miles
  • Hull Ferry Terminal 1.3 miles
  • Hull 3.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Resevartion Fee Applicable
  • T&c's Apply
  • Flat provides comfortable accommodation for tenants seeking convenience.
  • Takeaway benefits from prime location for customer attraction.
  • Offers both immediate rental income and potential for long-term appreciation.
  • Ideal addition to any investment portfolio.
  • Located on a busy road with high passing traffic.
  • Attractive gross yield of 10.4%.
  • Combined rental income of approximately £10,400 per annum.
  • Mixed-use property with takeaway on ground floor and one-bedroom flat above.
***Guide Price £90,000 - £100,000 plus Reservation Fee***

Introducing a compelling investment prospect—a mixed-use property boasting both a thriving takeaway on the ground floor and a well-appointed one-bedroom flat above. Together, these units yield an approximate combined rental income of £10,400 per annum, presenting an enticing gross yield of 10.4%.

Nestled on a vibrant thoroughfare with ample passing traffic, this property promises excellent visibility and footfall, making it a valuable asset for any investor. Whether you're looking to diversify your portfolio or enhance your passive income streams, this opportunity offers both stability and potential for growth.

The ground floor takeaway benefits from its strategic location, attracting customers with its convenient access and enticing offerings. Meanwhile, the one-bedroom flat above provides comfortable accommodation, appealing to tenants seeking convenience.

Beyond its financial appeal, this property holds promise for long-term appreciation, thanks to its prime location and versatile usage. With strong rental demand and a steady income stream, investing in this property offers both immediate returns and future growth potential.

Seize the opportunity to add this dynamic asset to your investment portfolio. Schedule a viewing today and explore the possibilities this property has to offer!

**Fees, Exclusivity, and Disclaimer:**

**Fees:**

**Reservation Fee:** Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 2% to a minimum of £2500 plus VAT. The Reservation Fee is paid on top of the purchase price. This reservation fee ensures that the property is taken off the market as soon as a sale is agreed, eliminating gazumping, time wasting, and financial loss.

The Reservation Fee can be refunded under certain circumstances;

i.e the seller deciding to pull out, a chain collapsing or structural issues verified by a structural survey. For more information on what would qualify for a refund then please speak to the office

**Exclusivity:**

Following the payment of the reservation fee, rezee will facilitate a fixed exclusivity period of 60 days from draft contracts being issued. During this time the property will be reserved, so there will be no risk of gazumping.

**Process:**

Our process:

1. Register your interest

2. Prepare your finances for the purchase

3. Arrange a viewing

4. Make an offer

5. Secure your sale using our secure system

6. Exchange and complete

**Disclaimer:**

The property has a Ready Sale Pack, which gives additional information regarding the property. It is the Buyer’s responsibility to request & examine the Ready Sale Pack before committing to purchase the property. We advise you also carry out your own due diligence prior to making an offer.

The Buyer is required to verify their id & show proof of funds.

rezee offers additional services, such as conveyancing, financial advice, surveying & other services associated with selling & buying a property. rezee may receive a referral fee for these third-party services.

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.

There are some planning applications within 0.5 miles of this home

Blurred out There are some planning applications within 0.5 miles of this home information

Assess how they might enhance or detract from this home’s value.

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Property descriptions and related information displayed on this page are marketing materials provided by - rezee. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact rezee for full details and further information.

  1. Zoopla
  2. For sale
  3. East Riding of Yorkshire
  4. Hull
  5. Marfleet Lane

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