Freehold Commercial Property with Three-Bedroom Apartment

An excellent opportunity to acquire a freehold mixed-use property, comprising a ground-floor commercial unit with a spacious three-bedroom split-level apartment above. Offering strong rental potential and significant scope to add value, the property is ideally suited to investors and developers.

The ground-floor commercial unit, currently arranged as a mobile phone shop, extends to approximately 30 sq m (323 sq ft) and has an estimated rental value of approximately £700 per calendar month.

Occupying the upper floors is a generously proportioned three-bedroom split-level apartment, extending to approximately 78 sq m (840 sq ft). The residential accommodation requires full refurbishment throughout, presenting an excellent opportunity for a purchaser to modernise the property and enhance both its rental and capital value.

Once refurbished to a good standard, the apartment is anticipated to achieve approximately £1,400 per calendar month, giving the whole property a potential combined rental income of approximately £2,100 pcm / £25,200 per annum.

Key Features

• Freehold mixed-use investment property
• Ground-floor commercial premises
• Commercial area approximately 30 sq m / 323 sq ft
• Estimated commercial rental value of £700 pcm
• Three-bedroom split-level apartment
• Residential accommodation approximately 78 sq m / 840 sq ft
• Apartment requires full refurbishment
• Estimated refurbished residential rental value of £1,400 pcm
• Potential combined income of approximately £25,200 per annum
• Excellent investment and value-add opportunity
• No upward chain
• Ideal for investors, landlords and developers

Tenure: Freehold

Viewing: Strictly by appointment through the selling agent.

All rental figures are estimates and are subject to condition, demand and prevailing market conditions at the time of lettin