Period commercial and flats with strong income and renovation upside.
Grade II listed four-storey mixed-use freehold on Highworth High Street
A rare mixed-use freehold on Highworth High Street, this Grade II listed four-storey terrace combines two ground-floor commercial units with three self-contained flats. The property is offered at auction with a current combined rent roll of £47,500 per annum, producing an approximate gross yield of about 11% at the guide price of £425,000. The basement has planning permission (S/22/1781) to convert to a one-bedroom flat, adding lettable accommodation and scope to increase income.
The building retains strong period character — stonework, sash windows and high ceilings — and includes a garden and courtyard seating for the basement unit. The mix of tenants and recent lettings gives immediate cashflow, and the layout suits hands-on investors seeking an income-producing asset with short-term reversion potential in several tenancies.
Important negatives are clear: Grade II listing will restrict alterations and can make upgrades more costly and time-consuming. Walls are likely uninsulated (original sandstone/limestone construction), EPCs for most units are outstanding or TBC, and VAT is applicable to the lot. Several residential tenancies are short fixed terms and the wine bar lease only begins July 2024, so income stability depends on renewals and management.
This property will suit a buyer comfortable with listed-building constraints and on-site management or a refurbishment project manager. The permitted basement conversion, town-centre location and current rental income present realistic upside for an investor prepared to programme repairs, energy improvements where allowed and tenancy renewals.
Commercial property for sale in High Street, Highworth, Swindon, SN6 — £250,000 • 1 bed • 1 bath • 561 ft²
Commercial property for sale in High street, Highworth, SN6 — £150,000 • 1 bed • 1 bath • 802 ft²
Commercial property for sale in High Street, Highworth, Wiltshire, SN6 — £189,500 • 1 bed • 1 bath • 2195 ft²
4 bedroom terraced house for sale in High Street, Marlborough, Wiltshire, SN8 — £525,000 • 4 bed • 2 bath • 2472 ft²
3 bedroom cottage for sale in High Street, Highworth, SN6 — £210,000 • 3 bed • 2 bath • 973 ft²
2 bedroom terraced house for sale in High Street, Cricklade, Swindon, SN6 — £170,000 • 2 bed • 1 bath • 851 ft²










































































































