Features
Description
Generating over £1300 PCM.
Located on the popular Newchurch Road, this impressive mixed-use property offers an exceptional investment opportunity with multiple income streams and strong rental potential. The building comprises a long-established, tenanted salon on the ground floor, generating £324PCM.
The business is not included in the sale, but the premises have been successfully operated for many years and include a WC and hand wash basin. Adjoining the commercial space is a well-presented one-bedroom apartment featuring a spacious double bedroom, a modern three-piece bathroom suite with a low-level WC, pedestal hand wash basin, and a quadrant shower with marble-effect wall panelling. The open-plan kitchen/living area boasts a newly fitted horseshoe-style kitchen with matching wall, base, and drawer units, contrasting work surfaces, and an integrated electric oven and hob. This apartment is currently vacant and advertised at £525 PCM.
On the first floor, a two-bedroom apartment provides comfortable living with two generously sized double bedrooms, a separate WC, a shower room with hand wash basins in both, and a bright open-plan kitchen/living area positioned at the front of the property. This unit is currently tenanted, producing £525 PCM. The basement apartment has recently undergone a high-quality renovation and is ready for occupancy.
This well-maintained property presents a rare, turn-key investment opportunity with a blend of stable commercial tenancy and strong residential demand. With minimal maintenance requirements and excellent long-term growth potential, it is perfectly suited to investors looking for reliable passive income and attractive returns.
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