We are pleased to present this freehold property, which includes a three-storey maisonette along with a ground-floor commercial unit. The maisonette is accessible via its own private entrance and features adaptable living space spread over three levels. On the ground floor, there is a bedroom accompanied by a smaller adjoining room that has a wash basin, as well as a separate W/C. A kitchen/workshop area provides access to a rear courtyard garden, offering additional storage options on this level.
The first floor features a split-level design, accommodating a spacious bathroom, more storage cupboards, and a sizable second bedroom. The open-plan living area integrates the kitchen and boasts a balcony that overlooks Albert Road, capturing the dynamic atmosphere of the vibrant street below. The second floor hosts the third bedroom and an additional utility area.
This residential space requires modernisation and represents an ideal opportunity for buyers looking to renovate and increase the property's value; projected rental income post-refurbishment is approximately £16,800 annually.
The commercial unit on the ground floor is currently leased as a hairdressing salon and includes both prep space and its own W/C. Expected market rental for this commercial area stands at around £10,000 per year.
Overall, with potential combined income from both residential and commercial elements near £26,800 per annum, this property presents an attractive mixed-use investment opportunity in a high-traffic location that offers significant renovation potential.