Summary - Mystica Mystica Mystica Mystica Mystica Mystica Station Road, Addlestone, KT15 KT15 2AT
4 bed 3 bath Terraced
Established multi-unit investment with immediate rental returns and uplift potential.
Prominent street-front commercial unit with high ceilings and large trading area
Two self-contained 2-bed flats with fitted kitchens and modern bathrooms
Current gross income £63,600; potential market income ~£68,400
Long-term tenants in situ — immediate income, limited vacant-possession options
Leasehold tenure; purchasers must confirm lease terms and service charges
Buyers Premium payable on sale — factor into acquisition costs
High local crime rate — may affect insurance and tenant screening
Located in busy town centre with excellent transport and local amenities
This multi-unit terraced property on Station Road, Addlestone, offers an established buy-to-let portfolio: two two-bedroom flats above a ground-floor commercial unit currently operating as a restaurant. The portfolio produces a current gross income of £63,600 with demonstrable scope to reach an estimated market income of £68,400. Long-term tenants are in situ, providing immediate income but limiting vacant-possession options.
The commercial unit benefits from a prominent street-front position, traditional Edwardian façade, high ceilings and a large primary business area suited to retail or hospitality. Both flats are fitted with fully equipped kitchens and modern bathroom facilities, making them straightforward to manage for a lettings portfolio. The location offers fast broadband, excellent mobile signal and a wide range of nearby amenities plus good local schools, supporting ongoing tenant demand.
Important practical points: the property is sold leasehold, current tenants occupy the units and a Buyers Premium will apply on sale. The area records higher-than-average crime statistics, which may affect insurance and tenant screening. Prospective purchasers should review the Let Property Pack for full tenancy details, service charges, lease specifics and any repair obligations before committing.
Overall, this asset will suit investors or developers seeking an income-producing addition with short-term uplift potential through rent reversion or active asset management. The established rental income and central high-street location mean the property is set up for hands-on landlords or professional operators prepared to manage tenant agreements and any necessary refurbishments.
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