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Hallgate, Cottingham HU16 Mixed use for sale
Hallgate, Cottingham HU16
£270,000
Hallgate, Cottingham HU16
£270,000
Our Summary
- Prime Investment Opportunity in Cottingham
- This makes it a highly desirable addition to any investment portfolio, offering both immediate returns and long-term growth potential thanks to its prime location, ongoing regeneration of the wider area, and consistently strong rental demand in Cottingham
Description
This exceptional investment opportunity in Cottingham presents a prime mixed-use property, comprising two self-contained flats and a ground floor retail unit, all fully occupied and generating a strong rental demand. The property boasts a well-presented one-bedroom flat, a spacious two-bedroom flat, and a commercial unit with excellent footfall, offering an estimated gross rental income of approximately £27,000 per annum, equating to an attractive gross yield of around 10%. The property's prime location, ongoing regeneration of the area, and consistently strong rental demand in Cottingham make it a highly desirable addition to any investment portfolio, offering both immediate returns and long-term growth potential.