Large freehold with rental flats and conversion potential near parkland views.
Circa £20,000 annual Post Office remuneration
A versatile freehold in Denholme combines a ground-floor Post Office/shop with a substantial three-bedroom residence over multiple floors. The Post Office currently generates circa £20,000 pa remuneration and modest retail takings; operating the counter is optional, so the shop can remain retail, be adapted to another trade, or be converted to increase living space.
The house offers a large kitchen-diner, open-plan lounge, basement storage, and two self-contained one-bedroom flats giving immediate rental potential. One flat is let and the other is being finished; the property also benefits from a sun deck with long-distance parkland views and good mobile and broadband connectivity.
Buyers should note clear negatives: the area is classed as deprived with higher local crime rates, the building’s stone walls are assumed uninsulated, glazing install date is unknown, and interiors show mid-20th-century commercial fittings that will require updating for modern retail or residential standards. EPC Band D and moderate council tax reflect current energy and running-costs.
This freehold suits investors or owner-occupiers seeking rental income and conversion upside in a tight-knit village setting. The combination of shop income, flats, and strong community links provides multiple income and use options, but budget for refurbishment and energy-efficiency improvements when assessing value.
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