Summary - Second Floor Flat, 56 St. Marys Street OX10 0EL
2 bed 1 bath Terraced
**Standout Features:**
- Prime town center location in Wallingford with dual access
- Freehold commercial and residential mixed-use property
- Ground floor A1 retail premises let to a hair salon and a sweet shop with stable long-term leases
- Two-bedroom apartment on the second floor, currently rented
- Previous planning permission (now expired) for first-floor conversion into additional residential units
- Potential for significant renovation and rental income growth
**Summary:**
Discover a unique investment opportunity in the heart of Wallingford with this freehold mixed-use property, offering a blend of commercial and residential spaces. Strategically positioned on a prominent main street, this property currently features dual A1 retail premises—a hair salon and a sweet shop—each secured with long-term leases, providing reliable rental income of £25,100 annually. The second-floor apartment, boasting two bedrooms and a tenancy until October 2024, generates an additional £12,600 per year.
The first floor presents untapped potential, previously approved for conversion into a studio and a one-bedroom flat, making it ideal for those looking to expand their investment. While the property is firmly rooted in historical charm, it does require some renovations and the opportunity to add insulation and modern amenities. Given Wallingford's affluent community and excellent local amenities, including schools, shops, and leisure facilities, this property is perfect for investors and developers seeking a lucrative addition to their portfolio. Act quickly—opportunities like this in a thriving area don't last long!
High street retail property for sale in St. Marys Street, Wallingford, Oxfordshire, OX10 — £650,000 • 1 bed • 1 bath • 3378 ft²
High street retail property for sale in St. Marys Street, Wallingford, Oxfordshire, OX10 — £700,000 • 1 bed • 1 bath • 3321 ft²
Terraced house for sale in St. Marys Street, Wallingford, Oxfordshire, OX10 — £350,000 • 1 bed • 1 bath • 2068 ft²
Terraced house for sale in St. Marys Street, Wallingford, Oxfordshire, OX10 — £700,000 • 1 bed • 1 bath • 3321 ft²
High street retail property for sale in St. Marys Street, Wallingford, Oxfordshire, OX10 — £350,000 • 1 bed • 1 bath • 2068 ft²
High street retail property for sale in St. Marys Street, Wallingford, OX10 — £950,000 • 1 bed • 1 bath • 390 ft²
