Let property with immediate income and refurbishment upside for active investors.
Tenanted mixed-use lot producing £270/week (£14,040 pa)
Freehold; auction sale on 29 October 2025
Can be sold with vacant possession; buyer to confirm via legal pack
Requires modernization — compact rooms and low ceilings throughout
Concrete roof; general refurbishment and potential reconfiguration needed
Garage parking included; corner commercial frontage with roller shutters
Area classed very deprived; constrained renter market locally
Auction fees: 10% deposit + £1,200 + VAT buyer admin fee on exchange
This freehold lot combines a three-bedroom chalet and an adjacent commercial unit, currently let as a single dwelling producing £270 per week (£14,040 pa). Offered at auction on 29 October 2025, the property suits an investor seeking an income-producing, mixed-use asset with immediate rental visibility and potential to reconfigure or re-let separately.
The buildings require modernization: compact rooms, low ceilings in the residential chalet, and a concrete roof. There are roller shutters on the commercial frontage and general refurbishment needs throughout, making this a value-add opportunity rather than a turnkey buy. The area is described as very deprived with constrained local renters, so lettings and rental growth should be considered against local market dynamics.
Sale terms are unconditional auction conditions: a 10% deposit (minimum £5,000), Buyers Administration Fee (£1,200 + VAT) on exchange, and a 28-day completion period unless otherwise stated in the legal pack. The lot can be offered with vacant possession if required; interested buyers should review the legal pack for full fees, searches, and tenant documentation before bidding.
For an investor comfortable with refurbishment and active management, this mixed-use corner lot offers stable headline income, garage parking, and short-term upside from refurbishment or change of use. For buyers seeking a low-maintenance, long-term owner-occupier home, the property’s condition, compact layout and deprived location are significant considerations.
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