Freehold shop with two-bed maisonette above — auction guide £92,000+, renovation required..
Vacant ground-floor commercial unit, previously a hair salon, includes some equipment
Two-bedroom maisonette above requires renovation throughout
Freehold title; sold unconditionally at auction 08/10/2025 (guide £92,000+)
Rear level garden and garage structure; potential for parking or conversion
Small plot and urban setting; post-war maisonette attached to Victorian shopfront
Area classified as very deprived; local population mainly renting workers
Excellent mobile signal and fast broadband — attractive for tenants
Buyer's premium payable on sale; refurbishment and planning costs likely
This freehold mixed-use building on Newbridge Road pairs a ground-floor commercial unit with a two-bedroom maisonette above, offering clear potential for investors or business-owners wanting to live above their premises. The retail unit is currently vacant and was last used as a hairdressing salon; it includes some fitted equipment and can be brought back into immediate use or repurposed subject to any necessary permissions.
The maisonette provides generous two-storey accommodation but requires renovation throughout, presenting an opportunity to add value through refurbishment. There is a level rear garden and a detached garage structure that could be renovated, retained as storage, or removed to create off-street parking. Broadband and mobile signals are excellent, which supports modern rental appeal.
Practical considerations are significant: the property is in a very deprived area with average local crime, a small plot, and will be sold unconditionally at auction on 08/10/2025 (guide price £92,000+). A buyer’s premium applies to the final sale price. The mixed-use nature and freehold tenure suit investors targeting rental income or a business owner seeking premises plus living accommodation, but expect refurbishment costs and potential planning/change-of-use work.
This is a value-led opportunity for buyers prepared to manage renovation and the auction process. For an investor comfortable with hands-on upgrading, the combination of ground-floor commercial space and self-contained two-bed accommodation can generate a strong income yield once improved.
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