Summary - Martin the Newsagent Ltd,17 Liskeard Road,WALSALL,WS5 3EY WS5 3EY
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Mixed-use property with a retail unit and a residential flat
- Total area of 1,057 sq. ft. with well-established tenancy
- Ground floor let to Jennifer Ash & Sons Funeral Directors until June 2026
- Dual income potential: Combined rent of £21,340 per annum
- Prime location within Gillity Shopping Village, serving a densely populated residential area
- Offers flexibility with separate purchase options for shop (£120,000) and flat (£149,000)
**Summary:**
Discover a prime investment opportunity in the heart of Walsall with this mixed-use property at Unit 6, 17 Liskeard Road. This well-maintained retail space features a 1,057 sq. ft. ground floor shop currently occupied by a long-standing funeral director, paired with a self-contained two-bedroom flat above, maximizing rental potential. Currently generating an attractive combined rental income of £21,340 per annum, this property boasts strong yield prospects with an 8.15% initial yield when bought together at £255,000.
Strategically situated in Gillity Shopping Village, this property is surrounded by essential amenities and local attractions, including schools rated 'Good' and 'Outstanding,' making it appealing for family-oriented tenants. Additionally, both units can be purchased separately, offering flexibility for various investment strategies.
While the area presents a solid opportunity, potential buyers should note the need for modernization to elevate the property's market value. With average crime rates and robust communication infrastructure—fast broadband and mains gas heating—this property stands as a secure investment to expand your portfolio or start your rental journey. Don’t miss out on this opportunity to elevate your investment game!
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