Summary - 52, HIGHFIELD ROAD FY4 2JA
1 bed 1 bath Retail Property (high street)
Freehold two-shop parade with immediate income and attractive gross yield for hands-on investors.
Freehold mixed-use terraced property with two retail units and upper floors
Current income £15,450 pa from two tenants; immediate rental return
Approximate gross yield c.9.7% at asking price £160,000
Total area 649 sq ft; small plot and terraced footprint
Short three-year leases—reletting and void risk on expiry
Located on popular Highfield Road parade with good footfall
Local area very deprived with high recorded crime rate
Excellent mobile signal and fast broadband; no flood risk
A compact mixed-use high street investment on Highfield Road, South Shore, offered freehold with two retail units and upper floors. The property produces a combined current income of £15,450 per year from two short-term leases, giving an approximate gross yield of about 9.7% at the asking price of £160,000. Broadband and mobile signals are strong and there is no flood risk.
The two adjoining shop units provide practical layout for continued retail use: a double-fronted larger ground-floor retail space with rear work and stock rooms, and a smaller shop with upper-floor rooms. The building dates from the mid-20th century with standard ceiling heights and small-to-medium room sizes — straightforward, traditional construction with predictable maintenance needs.
This is a clear income-led purchase for an investor seeking immediate rental return and hands-on asset management. Note the leases are short (three-year terms), so there is exposure to re-letting risk and potential void periods. The local area is very deprived with a high recorded crime rate, which may limit rental growth and tenant mix.
Practical considerations: plot size is small and the property is terraced, so external expansion potential is limited. Some cosmetic updating or repairs may be required over time; services for water and electricity are connected. The location benefits from a busy local shopping parade and a wide range of nearby amenities, which supports footfall for local retail occupiers.
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