Summary - Dormers, Red Lion Street GU29 9PB
1 bed 1 bath Land
Income-producing mixed-use property with courtyard and refurbishment potential.
["Five income-producing units: one cottage and three flats","Two ground-floor commercial premises remain let and unaffected","Located in South Downs National Park; affluent, low-crime area","Generous communal courtyard, two store rooms and rear access","Constructed pre-1900 with period brickwork and Tudor Revival character","Solid walls assumed with no insulation; energy upgrades likely needed","Electric storage heating throughout; glazing specification not defined","All residential units let on shorthold tenancies (capital needed for refurbishment)"]
A substantial freehold investment in the heart of Old Midhurst, set within the South Downs National Park. The mixed-use Tudor Revival building comprises two ground-floor commercial units (both let), a cottage-style ground-floor dwelling and three self-contained flats across the first and second floors. All residential units are currently let on assured shorthold tenancies, producing immediate rental income and simplified ownership continuity.
The property retains historic character — three-storey brickwork and period detailing — and occupies a generous plot with a communal courtyard and rear access to store rooms. Its small-town location delivers excellent local amenities, low crime levels, and good transport and broadband coverage, making it appealing to long-term renters and investors seeking stable occupancy in an affluent area.
Practical considerations: the building dates from before 1900 with solid brick walls that likely lack insulation, and main heating is by electric storage heaters. The residential units will benefit from modernization and energy-efficiency upgrades (window specification not defined). These are realistic improvement opportunities that could increase capital value and rental yields but will require capital expenditure.
This is a hands-on investment: units are occupied under shorthold tenancies, and the commercial leases remain in place. Suitable for an investor looking for an income-producing, character-rich asset in a well-served market with clear scope for refurbishment and value-add energy works.
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