Summary - KENNETH HOUSE, WEST ROAD, BUXTON SK17 6HF
1 bed 1 bath Not Specified
Turnkey income with short-term rental upside for hands-on investors.
Produces £54,758.85pa income excluding vacant unit
Five of six suites currently let; one suite vacant at £10,500pa market rent
Freehold title; building established as offices in 2007
Newly renovated with double glazing and communal kitchens/WCs
DP3 alarm, full fire alarm system and CCTV throughout
Dedicated off-street parking; one space allocated per suite
Service charge £1,240.56 per unit per annum (ongoing cost)
Local area: student neighbourhoods and higher crime — affects insurance/rent profile
A substantial three-storey converted stone building on West Road, offered freehold and refurbished in recent years. Established as dedicated business offices in 2007, the property comprises six open-plan suites with modern windows, heating, double glazing and kitchen and WC facilities on each floor. Five suites are currently let, producing an annual income of £54,758.85 (excluding the vacant unit), making this a ready-made income opportunity for investors.
The building benefits from commercial-grade security — DP3 alarm, full fire alarm and CCTV — plus off-street parking with a dedicated space per suite. Recent investment in infrastructure and a newly renovated presentation reduce immediate capital expenditure and help attract quality tenants. Fast broadband and excellent mobile signal support modern office occupiers.
Notable practical considerations are a small plot and a service charge of £1,240.56 per unit, per annum. One suite is currently vacant and marketed at £10,500pa, so rental income can be increased quickly. The local area is classified as cosmopolitan student neighbourhoods within a wider families-in-terraces-and-flats area; this brings a steady demand profile but also corresponds with a higher local crime rate, which buyers should factor into underwriting and insurance costs.
Overall, this is a compact, well-specified multi-let commercial building for a buyer seeking immediate income and low near-term refurbishment needs. The freehold title and recent upgrades make it straightforward to manage, while the vacancy and local area dynamics present clear upside and risk to model.
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