Summary - Broad Street, Town Centre, Swindon, SN1 SN1 2DT
1 bed 1 bath Shop
Buy-to-let and development potential in central Swindon with immediate rental income..
Freehold mixed-use property with large overall footprint (approx. 1,837 sq ft)
Ground-floor shop/business 62 sqm; long-established trading location
Refurbished one-bedroom apartment above; currently let at £800pcm
Rear double-storey store-room offers conversion potential (subject to planning)
Off-street parking included for staff/tenants
Derelict/utility sections need significant repair or full refurbishment
Situated in area with higher-than-average crime; factor management costs
Fast broadband and excellent mobile signal; town-centre amenities close
This freehold mixed-use property on Broad Street combines a long-established commercial shop and a newly refurbished one-bedroom apartment above, currently producing £800pcm. The ground-floor retail/business space extends to approximately 62 sqm, while the overall property footprint is large at about 1,837 sq ft, offering immediate rental income and room for growth.
There is clear development upside: a double-storey store-room at the rear could be converted to an additional one-bedroom residence subject to planning, increasing rental or sale value. Off-street parking is a practical advantage in the town-centre location, and fast broadband with excellent mobile signal supports modern business needs.
Buyers should note material negatives plainly: the rear/adjacent parts include derelict/utility areas requiring significant repair or full refurbishment, and the conversion potential is not yet granted (planning application required). The property sits in an area with higher crime statistics and a local demographic of young ethnic communities; buyers should factor local market risks and management needs into yield calculations.
This asset suits investors or owner-operators who can manage short-term refurbishment and planning processes to unlock value. It offers a blended return today from the apartment, plus the prospect of an added unit once planning and works are completed.
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