Auction-ready mixed-use with solid rental upside in Loftus.
Vacant mixed-use building with ground-floor retail and upper accommodation
A vacant mixed-use building on Zetland Road offers clear investor upside through rental income and refurbishment potential. The ground floor retail unit benefits from large modern windows and street frontage, while upper-floor accommodation is presented in sale literature as a three‑bed maisonette, offering scope for short- or long‑term lets once renovated. The guide price reflects a quick-auction sale and positions the lot for buyers seeking value-add purchases.
Important practical points are straightforward: the property sits in a very deprived area with above-average crime rates, and tenure is not specified in the available information — both matters a purchaser should verify before bidding. The lot is vacant and will require some updating and maintenance to reach rental standard; the building’s Victorian brick façade and internal layout provide sensible scope for improvement rather than full reconstruction.
For an investor, the stated rental estimate of £1,500–£1,600 pcm implies an attractive gross yield if the purchase price is achieved, supported by fast broadband and excellent mobile signal for tenant appeal. However, auction sale processes are quick and conditional; budget for refurbishment, confirm the number of bedrooms (marketing references three bedrooms while dataset notes one), and allow contingency for security and management given the local context.
Nearby amenities, primary schools (including two rated Outstanding), and coastal access add occupational appeal for tenants. This is a hands-on opportunity: it suits buyers who can move quickly at auction, accept some short-term cost and effort, and manage assets in a higher‑risk neighbourhood to realise rental and capital upside.
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