Summary - 118-120, HEYSHAM ROAD LA3 1DH
2 bed 1 bath End of Terrace
Income-producing mixed-use building with coastal views and redevelopment potential..
- Freehold mixed-use: shop with two-bedroom flat above
- Flat tenant in situ, immediate rental income
- Requires renovation throughout, scope for value-add
- Large cellar and rear yard; good storage potential
- Coastal and bay views from the flat reception and kitchen
- On-street parking only; no private parking
- Area classified as very deprived; above-average crime
- Small plot size, redevelopment subject to planning
A rare mixed-use opportunity on Heysham Road: a ground-floor shop with a two-bedroom flat above. The flat enjoys bay and coastal views from the reception and kitchen, while the commercial space includes a large shop floor, preparation room and a substantial cellar. The property is freehold and currently produces income with a flat tenant in situ.
This building requires renovation and updating throughout, presenting clear scope for value-add refurbishment or redevelopment. The rear yard provides secure outdoor space; on-street parking serves customers and residents. The area is well served by local amenities, transport links and several well-rated schools close by.
Buyers should note material negatives: the property is in a very deprived locality with above-average recorded crime, and the flat and shop need works to modernise. Redevelopment potential exists subject to planning, making this most suitable for investors or buyers experienced with renovation projects who can manage tenant arrangements and local market risks.
Overall, this is a versatile, income-producing freehold with strong upside for refurbishment or change-of-use, offered at an entry-level price for a strategic coastal high-street position.
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