### Standout Features:
- Mixed-use investment property
- Yearly rental income exceeding £16,000
- Excellent yield of over 10% based on the guide price
- Ground floor takeaway (lease at £600 pcm)
- First-floor 2-bedroom flat (let at £750 pcm)
- Located in a popular residential area with ample amenities
- EPC Ratings: Residential - D, Commercial - C
### Summary:
This mixed-use investment property presents an attractive opportunity for investors, generating a steady income exceeding £16,000 annually, with a strong yield over 10% based on the guide price. The ground floor takeaway is on a long lease, currently paying £600 per month, while the first-floor 2-bedroom flat is generating a rental income of £750 per month.
Situated in a vibrant area with plenty of local amenities, this property is ideal for those looking to maximize their investment potential while enjoying the comfort of a residential setting. The building's Victorian charm, including high ceilings and original features, adds character, while the average-sized flat offers flexibility for future renovations or updates to increase value. With the auction scheduled for May 29, 2025, this property remains open to offers afterwards, making it a timely opportunity not to be missed.
Prospective buyers should note the property's leasehold status and the need for potential maintenance due to age, with high crime rates nearby. However, the excellent broadband and mobile signal, along with low council tax costs, enhance its attractiveness for families and tenants alike. Don’t miss your chance to invest in this promising opportunity!
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