Fully let high‑street investment with strong footfall and immediate income.
Gross rent receivable £27,000 per annum
A substantial mixed-use terrace on Wells Road offered as a fully let investment with a gross rent receivable of £27,000. The ground-floor retail unit has a glazed shopfront, open-plan sales/office space with laminate flooring, suspended ceiling and CAT II lighting — suitable for continued commercial use. Above is a three-bedroom maisonette arranged over the first, second and loft levels, fitted with a modern kitchen and carpeted floors.
The property sits directly on a busy high street with strong passing trade and excellent local amenity provision — shops, food outlets and services are all immediate. Connectivity is good: excellent mobile signal and fast broadband. The building footprint is city-typical with a small plot and no private garden, and access to the residential entrance is from a rear pedestrian lane and an external steel staircase to the first floor.
Buyers should note material negatives honestly: the area records above-average crime and marked deprivation indicators, and the local classifications describe hampered neighbourhoods and multi-ethnic hardship. The retail space has low to standard ceiling heights and a predominantly office fit-out; the plot is small with no external amenity, and the tenure is stated as unknown — purchasers must verify lease details and title. The property is offered at a headline price of £325,000 reflecting rental income and city high-street position.
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