Summary - Caldecote Street, NEWPORT PAGNELL, Buckinghamshire, MK16 MK16 0BX
1 bed 1 bath House
Mixed-use Victorian freehold with tenants, renovation needs, and clear conversion potential..
- Freehold Victorian mixed-use building with tenants in situ
- Comprises two flats and two ground/upper floor offices
- Immediate rental income with conversion upside potential
- External staircase derelict; building requires maintenance/renovation
- Potential to combine into larger apartments or single family home
- Low flood risk and low local crime levels
- Excellent mobile signal and fast broadband speeds
- Located in affluent area close to Good-rated schools and amenities
A Victorian mixed-use building in central Newport Pagnell offered as a freehold investment with tenants in situ. The property currently comprises two flats (one 2-bed upper, one 1-bed ground) plus two office suites sharing WCs, providing immediate rental income and flexible future options.
The building requires maintenance and renovation: an external staircase is derelict, and parts of the fabric need repair. These issues are reflected in the asking price and present clear scope to add value by refurbishing, combining units into larger apartments, or converting the whole into a single family home, subject to consents.
Practical positives include low flood and crime risk, excellent mobile signal and fast broadband, a decent corner plot, and strong local amenities including several Good-rated schools and town-centre services. For an investor or developer comfortable managing refurbishment and planning risk, this is a tangible opportunity in a very affluent catchment.
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