**Standout Features:**
- Freehold mixed-use investment opportunity
- Prominent corner plot with a commercial unit and a residential flat
- Income-producing with multiple tenancies
- Rear yard and additional forecourt perfect for parking or advertising
- Excellent rental returns: Ground Floor Shop (£11,500 pa), Flat (£19,260 pa) with upside potential
- Strong planning potential for future development or extension
**Notable Concerns:**
- Possible need for maintenance and structural repair
- Roof issues noted, requiring attention
- Outstanding rent reviews for commercial lease
Offering a compelling investment opportunity at 253 Northborough Road, this mixed-use property combines a thriving commercial unit with a residential flat above, generating a total rental income of £30,010 per annum. Located in an affluent area with low crime rates and a variety of accessible amenities, including schools rated 'Good' and 'Outstanding', this property provides both comfort and convenience for families and young professionals.
With its prominent corner location and clear potential for further development or conversion under the right planning permissions, this space is ideal for those looking to expand their portfolio or explore renovation possibilities. Don’t miss out on the chance to capitalize on the investment potential this property presents! With a guide price of £575,000, the value and income potential are substantial, especially against the backdrop of this vibrant community. Be sure to act quickly, as opportunities like this can be rare.
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