Summary - Wollaton Road, Beeston, Nottingham NG9 2PE
2 bed 1 bath Commercial Property
**Standout Features:**
- Freehold mixed-use property with residential and commercial elements
- Ground floor let to a barbershops on a secure 5-year lease (current rent: £13,000 p.a.)
- Potential rental income from a two-double bedroom duplex apartment
- Gross yield potential of approximately 9%
- Prominent location on Wollaton Road, Beeston
- Requires renovation
- Chain-free sale with a small plot size and an enclosed shared yard
**Summary:**
Discover an exciting investment opportunity with this freehold mixed-use commercial and residential property on Wollaton Road, Beeston. Formerly known as 'Keith's Hairdressers,' this Victorian brick building boasts a ground floor that’s securely let to a barbershop until 2028, generating an immediate income potential of £13,000 per year, set to increase in the coming years. Above, you'll find a vacant duplex apartment featuring two spacious double bedrooms and a modern living kitchen, ready for immediate rental at approximately £900 per month.
While the property requires some renovation, it offers a prime chance for investors to enhance its value and cash flow. With an estimated gross yield of 9%, this opportunity caters to both seasoned investors and first-time buyers looking to enter the market. The overall condition is tidy but could benefit from updates for maximum appeal. Located in an affluent area with excellent amenities nearby and school choices rated ‘Good,’ this property combines comfort and investment potential in a sought-after community. Don't miss out on this unique listing!
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