**Standout Features:**
- Freehold mixed-use property with significant income potential
- Total annual rental income: £29,940, yielding 9% at asking price
- Recent renovations and excellent condition throughout
- Spacious rear garden accessible from both the shop and maisonette
- Central location in a bustling area of Tiverton
**Potential Concerns:**
- Short 5-year lease on the commercial unit may complicate financing
- High local crime rate and average broadband speeds
Discover a promising investment opportunity with this freehold mixed-use property on Gold Street, Tiverton. Generating an attractive annual rental income of £29,940, this property offers an impressive yield of 9% at the asking price. The ground floor boasts a well-maintained shop unit with approximately 100 square meters of trading space and a useful basement for storage, while the newly renovated maisonette spans three floors, providing ample living space.
Ideal for both investors and families, the upstairs maisonette features three double bedrooms, a spacious bathroom, and a charming kitchen-dining area that opens onto a private roof terrace. Complementing the interior, the property's sizeable rear garden presents a unique bonus—perfect for personal enjoyment or potential commercial ventures (subject to planning). Located in a vibrant area with ample foot traffic, this property promises not only good rental returns but also the potential for future growth. Given the competitive nature of the market, don’t miss out on this exceptional opportunity to secure valuable real estate.
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