This distinctive detached property presents a compelling opportunity for investors and developers, set on an expansive plot in a desirable location. Currently configured with mixed-use capabilities, it features commercial space along with residential units, all of which are ripe for transformation. With existing planning permissions to convert the ground floor into additional residential apartments—two flats alongside the retained commercial unit—the potential for increased rental income is significant. The property can generate an estimated annual yield of 9.14%, translating to £50,280 per year.
The ground floor hosts a commercial unit complete with various rooms suited for retail or service operation, coupled with storage and restroom facilities. The first floor boasts an impressively renovated three-bedroom flat featuring modern amenities including a high-quality kitchen and spacious living areas, while the second floor is versatile enough to be developed into a studio flat, thanks to its generous layout.
Externally, the property includes off-road parking for multiple vehicles and offers both paved and landscaped areas that enhance its appeal. Given its proximity to major transport routes and urban conveniences, this property is not only suitable as it stands but also possesses exceptional redevelopment potential that warrants further investigation.