Swinefleet Road
Goole, DN14 5UN
£100,000 SOLD
Exceptional dual-income opportunity in Old Goole combining vacant ground-floor commercial space with a ready-to-let two-bedroom flat above. This unique three-storey terraced investment delivers an outstanding 11.4% minimum gross yield, significantly outperforming market averages through diversified rental potential.
The self-contained flat can be re-let for an additional £550pcm income, which contains a practical layout, featuring a ground-floor entrance, a first-floor living space with kitchen and bathroom, plus two well-proportioned bedrooms. Currently in good condition for immediate re-letting, capitalising on Old Goole's strong residential rental demand.
The ground-floor shop presents a compelling value-add opportunity through renovation and redecoration to unlock full commercial rental potential. With separate access points ensuring complete tenant independence, this freehold investment combines instant residential returns with commercial enhancement prospects in a high-demand rental location.
Property Investor Details
Tenure
Freehold
Council Tax Band
A
Minimum management fee
£95pcm
Current rental income
N/A
Expected rental income
£950pcm
Annual rental income
£11,400
Gross yield cash purchase
11.40%
Net yield cash purchase
10.26%
Net yield remortgaged
26.04%
Property Management Solutions
Download our Lettings Brochure to find out how we can manage your investment property after you’ve made the purchase. Our service quality is easily among the best while offering investor-friendly pricing.
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