This mixed-use property presents a compelling opportunity for renovation and investment. The site includes a detached 2-bedroom house, a rear workshop with an office space, and additional land featuring three garages—two of which are currently occupied by tenants.
The house itself, while in need of modernization, offers a solid layout. Upon entry, you'll find an inviting entrance hall leading to a spacious lounge and a dining room, both with ample natural light. The kitchen is compact yet functional, providing the essentials for daily living. Upstairs, the two bedrooms offer comfortable spaces that can be enhanced with thoughtful updates. A full bathroom completes the living quarters.
Outside, the workshop and office provide potential for various uses and include an existing rental income stream of £400 per month. Additionally, the three garages offer further investment potential; two are currently rented at £100 each per month, while one remains vacant—ideal for immediate cash flow enhancement or future development.
The property is conveniently located within easy reach of Shoebury train station and local amenities along the High Street. This accessibility makes it appealing not only to homeowners but also to renters seeking convenience in their daily commutes.
With its blend of residential and commercial aspects, this property stands as an attractive prospect for investors looking to capitalize on its current rental income while also exploring renovation possibilities that could increase overall value in a desirable location. Potential rental income for the house alone has been estimated at approximately £1,450 per month by local lettings agents, making this a strategic acquisition for those looking to enhance their portfolio. Interested buyers are encouraged to review tenancy agreements available in the legal pack for more details on current rentals.
