Summary - 1-3, HARLESTONE ROAD NN5 7AE
1 bed 1 bath Office
Investment with immediate rental income and refurbishment potential.
Prominent corner location with Victorian shopfront and good natural light
A prominent mixed‑use corner building on Harlestone Road, suitable for an investor seeking town‑centre rental income and refurbishment upside. The property includes ground and part‑first floor commercial/office accommodation (largely vacant) with a separately accessed, tenanted two‑bedroom flat on the first and second floors. The masonry Victorian façade, shopfront and good natural light give immediate trading presence and tenant appeal.
Practical strengths include strong road links to the A4500/A428 and easy access to the M1, plus proximity to the railway station and local amenities. The building totals about 1,237 sq ft, has an enclosed rear yard, and currently produces residential income from the flat while commercial space can be re‑let or adapted subject to consents.
Important considerations: the property sits in a deprived area with a higher local crime rate, which may affect rental values and demand. The commercial accommodation is small-to-average in size and part vacant, and any change of use, extension or redevelopment will require planning and statutory approvals. External space is limited and maintenance or modernisation works are likely to be needed to maximise returns.
This freehold lot at offers-in-the-region £285,000 will suit a buyer who can manage a short-term void on the commercial floors, accommodate tenant interests, and invest in targeted refurbishment or pursue redevelopment with the necessary permissions.
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