Summary - 117, Station Road SR7 0BD
2 bed 1 bath End of Terrace
Two lettable units plus garage with immediate rental potential and flexible use.
Separate titles and utilities for ground-floor unit and first-floor flat
Estimated combined rental income c. £1,170pcm (£15,200pa)
Ground-floor commercial unit vacant; previously a hair salon
First-floor flat tenant due to vacate — immediate re-let opportunity
Large insulated garage with roller shutter adds income/security potential
Well maintained with double glazing and gas central heating
Small plot; Victorian terrace — expect typical period maintenance
Located in a deprived area; may affect tenant demand and growth prospects
This large end-of-terrace Victorian property is offered as a single lot containing a vacant ground-floor commercial unit and a two-bedroom first-floor flat. Both units sit on separate titles with individual utilities, which offers flexibility for letting, owner-occupation, or a sale split in future. Combined achievable rent is estimated at about £1,170pcm (£15,200pa).
The ground-floor commercial space, last used as a hair salon, includes a main shop/reception, inner room, treatment room, kitchen, cloakroom/WC and rear yard. It is currently vacant, providing immediate opportunity to re-let or adapt the space. The first-floor flat has its own private entrance, lounge, dining room, kitchen, bathroom and two bedrooms; the existing tenancy at £520pcm is due to vacate, which allows re-letting at current market rates.
Practical benefits include separate heating and electrical systems for each unit, double glazing, a large insulated garage with roller shutter and mains gas central heating. The property is described as well maintained throughout and offers straightforward management for an investor seeking multiple income streams.
Important considerations: the property sits in a deprived, blue-collar terraces area which can affect tenant demand, re-letting speed and long-term capital growth. The plot is small and the building is an early 20th-century terrace, so buyers should budget for ongoing maintenance typical of period stock. Prospective purchasers should also allow for a possible void period on the residential flat and marketing time for the commercial unit.
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