This property presents a compelling opportunity for renovation and investment, featuring a spacious six-bedroom house in a multi-let configuration, alongside a self-contained one-bedroom basement flat. While the main residence requires modern updates and enhancement, its size and layout offer the potential for significant value addition through targeted renovations.
The lower ground floor flat is currently leased commercially, generating a steady income of £500 per month. This arrangement not only provides immediate cash flow but also underscores the property's versatility as a multi-unit investment.
Located in an area with strong rental demand, this property can capitalize on both long-term rentals and short-term hospitality opportunities, making it an attractive proposition for savvy investors or those looking to create their ideal living space while benefiting from additional income streams.
Access to the interior of the property is currently limited; however, once obtained, further details will be shared to assist with your due diligence. With regular viewing sessions scheduled prior to auction day, potential bidders will have ample opportunity to assess the property firsthand.
This freehold opportunity also comes with an Energy Performance Certificate rating of D63 for the house and D60 for the flat. Please review the legal pack for details regarding administration fees and any potential disbursements associated with the purchase process.
Overall, this property invites creativity and strategic refurbishment in a promising location, ideal for those looking to realize its full potential.
