Summary - 137, HALIFAX ROAD OL14 5BE
2 bed 2 bath Terraced
Substantial four-floor shop-plus-flat with strong footfall and recent upgrades — ideal for investors..
- Mixed-use property with prominent Victorian shop frontage
- Approximately 2,051 sq ft over four floors
- Recently reroofed with Kingspan insulation
- Ground floor raised 22 inches as flood mitigation (2012)
- High flood risk persists; budget for ongoing resilience
- Above-average local crime and area deprivation
- Leasehold title with 999 years remaining
- Off-street parking and good town-centre footfall
A rare mixed-use terrace on Halifax Road offering substantial overall floorspace across four levels — strong potential for rental income or an owner-operator business. The ground-floor shop has a traditional Victorian frontage, high visibility and good footfall; an adaptable rear workshop and lower-ground storage support a range of commercial uses. Off-street parking and residential access at the rear add practical convenience.
The residential flat above is recently modernised: two double bedrooms, built-in wardrobes, a fitted kitchen/diner, and two bathrooms including an en-suite WC. Recent major works include a reroof with Kingspan insulation, new chimney liners and cowls, flood-prevention raising of the ground floor and upgraded plaster/fireboarding on the ground floor — all measures that reduce immediate capital risk and improve energy efficiency.
Important constraints: the property sits in a high flood-risk area despite previous mitigation, and the local neighbourhood records above-average crime and relative deprivation. The tenure is leasehold (999 years remaining) and the building is an older Victorian construction with assumed uninsulated stone walls — further insulation or retrofit works may be needed to reach higher energy standards.
This is best suited to investors seeking a live-work asset or buyers planning a business plus rental income. The combination of large gross internal area (approx. 2,051 sq ft), strong shop frontage and recent structural/energy upgrades positions the property as a practical, income-generating opportunity — provided buyers budget for ongoing flood resilience and area-related management considerations.
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