This mixed-use property encompasses an expansive retail unit of 65 m² paired with a six-bedroom residential space, offering significant potential for development into at least eight HMO units (subject to planning permission). The combined estimated rental yield stands at approximately 13% per annum, making it an attractive investment in a bustling location. The retail area is well-appointed with two entrances featuring security shutters and modern LED lighting, plus direct access to a sizable basement for considerable storage needs. With a Rateable Value of £8,100 and eligibility for full Small Business Rates Relief, this commercial aspect represents a viable option for new businesses or those looking to expand.
The residential accommodation boasts generous living spaces including a large living room and contemporary kitchen/diner with ample natural light. Each of the six double bedrooms provides flexibility for family living or further modification for HMO conversion. Key features include laminate flooring, spot lighting throughout, and practical bathroom facilities that already present a modern aesthetic. This property presents an excellent opportunity for savvy investors looking to maximize rental income in a high-demand area while also allowing room for refurbishment and design updates to enhance its appeal and functionality.
