Summary - 4a Gold Street EX16 6PZ
3 bed 1 bath Not Specified
**Standout Features:**
- Exceptional mixed-use property in the center of Tiverton
- Total rental income of £29,940 p.a. with a gross yield of 9%
- Freehold tenure with excellent condition throughout
- Leased shop space generating £18,000 p.a. and a maisonette generating £11,940 p.a.
- Large rear garden enhances outdoor appeal
- Room for potential renovation or transformation into a café (subject to planning)
**Summary:**
Discover an outstanding investment at 4 Gold Street, a prime mixed-use property located in the bustling heart of Tiverton. This large building offers approximately 310m² of finished space, including a thriving shopfront currently generating £18,000 p.a. and a spacious maisonette with three double bedrooms producing £11,940 p.a. The property is in excellent condition, thanks to renovations completed in 2014, featuring modern electrics, security systems, and a welcoming facade that captures significant foot traffic.
While it boasts a substantial rental income, potential buyers should be aware that the maisonette has only 5 years left on its lease, which could complicate mortgage options. However, with versatile spaces and a large rear garden—offering additional commercial possibilities—this property is perfect for those looking to capitalize on the vibrant local market. Don’t miss the chance to own a piece of Tiverton’s growing community!
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