**Standout Features:**
- Mixed-use investment with versatile opportunities
- Ground floor retail generating substantial monthly income
- Three residential flats, each with a robust rental income
- Total combined rental income potential of £39,300 annually
- Located in a highly desirable, affluent area of Newport Pagnell
- Excellent mobile signal and fast broadband speeds
- Freehold tenure, providing flexibility and long-term security
**Summary:**
Presenting an exceptional investment opportunity at 29 & 29A Portfields Road, Newport Pagnell, this mixed-use property boasts a large ground floor retail space that generates a reliable income stream of £650 per month, alongside three modern, above-average-sized residential flats, each achieving £875 per month. With a total rental income potential of £39,300 annually, this property ensures stability and profitability for savvy investors.
The prime location in the affluent postcode MK16 places you in a bustling market town, with excellent access to local amenities and transport links, making it appealing for both residential and commercial tenants. The property is well-maintained and designed to attract a range of businesses, while its residential units provide comfortable living spaces for families or professionals, creating a compelling allure for renters.
Despite its many strengths, it is noted that the property is mid-20th century, implying that some modernization may be warranted to align with contemporary aesthetics. This flexibility allows for future renovations or enhancements, securing its investment potential for years to come. Don’t miss out on this rare chance to invest in a secure, diversified asset in a thriving market.