**Standout Features:**
- Freehold property with no onward chain
- Potential for mixed-use commercial and residential conversion
- Separate one-bedroom flat above the commercial unit
- Estimated rental income of £16,200 annually (12%+ gross return)
- Vacant possession upon sale
- Excellent mobile signal and fast broadband
**Concerns:**
- Located in a higher crime area
- Property condition requires routine maintenance
- Age of double glazing (installed pre-2002)
Discover an exciting investment opportunity with this freehold, mixed-use property in a major conurbation area of L13. The ground floor features a commercial unit with a modern kitchenette and utility space, plus access to a communal yard, while the first floor offers a self-contained one-bedroom flat. Achieving a projected annual rental income of over £16,200 makes this property ideal for savvy investors looking for substantial returns.
Although nestled within a challenging community context marked by high crime levels, urgent renovations can reveal its full potential. The compact yet functional venue is ready for your vision, whether that be transforming it into a vibrant new business or creating comfortable residential living.
With a guide price of just £120,000 and no onward chain, this asset is primed for rapid sale via auction—explore its potential before it's gone! With nearby schools boasting good Ofsted ratings and essential amenities within easy reach, this property is a hidden gem waiting for the right investor or first-time buyer to unlock its possibilities. Don’t miss this chance!
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