Summary - 1, VAUGHAN STREET LL18 1TB
5 bed 3 bath Workshop
Large freehold asset with conversion potential for experienced investors.
Freehold corner commercial premises with adjoining four-bedroom house
Large footprint ~3,559 sq ft over three floors; high ceilings and big windows
One-bedroom flat included; mixed-use layout useful for rental flexibility
Opportunity to split into three units subject to planning and consents
Requires renovation throughout; significant refurbishment works expected
EPC rating E; mains gas, electric and water believed connected
Very high local crime and very deprived area may affect lettings
No flood risk; excellent mobile signal and fast broadband
A substantial freehold corner workshop and adjoining four-bedroom house with an included one-bedroom flat, offered as a whole. The building spans three floors and about 3,559 sq ft, with high ceilings, large windows and a rear courtyard — features that support varied commercial uses or conversion potential subject to planning consents.
This is a value-driven opportunity for an investor or developer willing to take on refurbishment. The property currently requires renovation throughout; parts have wet-room flooring and a working gas boiler, but the house and commercial areas need updating. EPC rating E; no flood risk; crime levels in the area are very high and the locality is very deprived, which will affect rental demand and tenant profiles.
Practical positives include freehold tenure, excellent mobile signal, fast broadband and mains services believed connected. The layout already contains reception, consulting and surgery rooms, a kennel/utility area and a separate maisonette — useful for short-term income while planning permissions are sought.
Buyers should budget for significant repair and refurbishment work and for planning costs if splitting the site into separate units. This asset suits a hands-on buyer seeking long-term uplift through targeted investment and repositioning rather than a turnkey income purchase.
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