Situated in a vibrant suburban neighborhood, this property offers a distinctive investment prospect for those looking to engage with the serviced accommodation market. With its semi-commercial characteristics, it serves as an adaptable foundation for various business ventures. Planning permission has already been obtained for serviced accommodation, setting the stage for a smooth entry into this expanding sector.<br><br>The layout allows for numerous enhancements, including the potential for a loft conversion and the addition of an extra bedroom, which would broaden its appeal to guests. Current rental income indicates robust earning potential, with flats generating £900 per month and a salon accommodating six seats at £100 per week each. Combined, these figures suggest a promising total income of approximately £42,000 annually.<br><br>Beyond financial considerations, this property's prime location positions it well within a developing area. Its design and proximity to local amenities and transport are significant advantages that enhance its attractiveness to prospective tenants seeking quality serviced accommodation.<br><br>This opportunity is particularly suited for investors keen on tapping into the evolving hospitality landscape. The established permissions and existing rental yields provide a clear pathway towards profitability. Overall, this property stands out as both an investment opportunity and a versatile asset in today’s real estate market, ready to be transformed into a profitable venture or to bolster an existing portfolio.
