96 Guildford Street, Chertsey, Surrey, KT16

This Grade II Listed mixed-use property presents a compelling opportunity for those looking to invest in a versatile asset with potential for income generation. Priced at £550,000, this asking figure is significantly below the local average at just £232 per square foot compared to £490 per square foot, making this a remarkable chance to acquire a property that could appreciate in value with the right enhancements.

The property features a ground floor commercial unit alongside two residential flats, allowing for diverse income streams. While the interiors may be average, there is plenty of scope for improvement, particularly with the potential to subdivide the upper flat into two units, subject to planning permissions. With a renovation budget estimated between £20,000 and £40,000, you can elevate the property’s appeal and value, enhancing its rental income potential as well. This project offers a light renovation scale, making it accessible for those ready to roll up their sleeves and add their personal touch.