Freehold mixed-use building with two income streams
This freehold mixed-use property on Quay Road offers a recently renovated ground-floor commercial space with a two-bedroom maisonette above, presented as a strong buy-to-let or owner-operator opportunity. The ground floor has been refurbished to a high standard for salon use, includes a modern kitchen and WC, and a commercial lease at £550pcm commenced in June (5-year term with a two-year break). The maisonette above is well-presented and currently tenanted, producing approximately £500pcm, giving immediate income and simple management for an investor.
The building retains period Georgian character externally and benefits from high ceilings and large windows that enhance natural light. Internally the maisonette provides a good layout: entrance hall, lounge with fireplace, sizable kitchen, two double bedrooms and a modern bathroom. Total internal area is approximately 1,347 sq ft, newly renovated, and sold freehold — suitable for a small business owner who wants on-site living or an investor seeking dual-income streams.
Buyers should note material local factors: the area is classified as very deprived with high crime levels and a small plot/back yard that will need improvement if outdoor space is important. Despite these challenges, the property sits in a service-rich neighbourhood with excellent mobile signal and fast broadband, and nearby schools rated Good, making long-term rental demand plausible. Pricing at £120,000 reflects the building’s size, rental income and the need for ongoing local-market awareness.
