Summary - 24 FLAT 2 CHURCH STREET WELLINGBOROUGH NN8 4PA
1 bed 1 bath Retail Property (high street)
Solid income with period character and private parking for investors.
Total annual income £24,891 from fully let commercial and two flats
A prominent mixed‑use freehold on Church Street, this attractive 19th‑century building delivers an immediate rental income from a ground‑floor commercial unit and two self‑contained flats. The property’s traditional stone frontage, high ceilings and retained period detailing give strong street presence and long‑term appeal for town‑centre tenants.
The investment produces a total annual income of £24,891 and is fully let: a 10‑year FRI commercial lease (RPI‑linked reviews, mutual six‑month break, expiry 30 September 2029) plus two AST residential tenancies (two‑bed and one‑bed). Private off‑street parking for at least three vehicles and a large 2,006 sq ft internal area add practical value for occupiers or future reconfiguration.
Material points to note: the seller requires cash offers only and the commercial lease expires in 2029 with break provisions. The property sits in an area with above‑average crime and high deprivation, which may affect tenant mix and future capital growth. Broadband speeds are average despite excellent mobile signal.
This is a near‑term income opportunity for investors seeking immediate yield and period character in a central Wellingborough location. It suits buyers comfortable with town‑centre market dynamics and the need to manage tenancy risk and local social factors.
Commercial property for sale in 48 Market Street, Wellingborough NN8 , NN8 — £650,000 • 1 bed • 1 bath • 6291 ft²
Commercial development for sale in Unit 63-63a, 63 Abington Street, Northampton, NN1 — £500,000 • 1 bed • 1 bath • 2066 ft²
Office for sale in 8 Market Street, Wellingborough NN8 1AT, NN8 — £475,000 • 1 bed • 1 bath • 6845 ft²
High street retail property for sale in 42 London Road, Kettering NN15 7QA, NN15 — £400,000 • 1 bed • 1 bath • 2820 ft²
Restaurant for sale in 35 Cambridge Street, Wellingborough, NN8 1DWNN8 — £35,000 • 1 bed • 1 bath • 850 ft²
2 bedroom flat for sale in London Road, Wellingborough, NN8 — £180,000 • 2 bed • 2 bath • 369 ft²
