This property presents a unique investment opportunity with considerable renovation potential. Located on the ground floor, the commercial unit previously operated as a tattoo parlour and offers a flexible layout with four rooms and two cloakrooms. Above, you'll find two one-bedroom apartments connected through a separate entrance, both of which require modernisation but promise to enhance rental yield significantly once upgraded. Initial rental estimates suggest that, post-renovation, the ground floor could generate around £775 per month, while each flat may command rents of £775 and £900 respectively. The addition of a garage further diversifies revenue streams with an estimated income of £80 per month. In total, this property could produce an impressive gross income of approximately £2,530 per month when adequately refurbished. This auction property allows for pre-auction offers and will be available for online bidding on a specified date, making it an accessible avenue for astute investors seeking to capitalize on its refurbishment potential.
