Summary - 270, CONWAY ROAD LL28 5DS
1 bed 1 bath Not Specified
Prominent roadside mixed-use lot with rental income and redevelopment potential..
Extensive footprint and decent plot with scope to redevelop STPP
An unusually large mid-terrace with prominent roadside frontage, generous rear yard and off-street parking, offered at guide £91,000 via online unconditional auction. The building combines ground-floor commercial accommodation with a substantial first-floor flat currently let at £550pcm on a rolling tenancy — creating immediate rental income for a buyer comfortable taking on a tenanted asset.
The plot and title plan show clear scope to redevelop or extend to the rear and side, subject to planning consents. The footprint and position on Conway Road suit a small conversion project or continued mixed-use operation for an investor or developer who can manage planning risk and refurbishment work.
There are practical drawbacks to budget for: the property needs modernisation throughout, has electric storage heating, solid brick walls likely lacking insulation, and an EPC rated D for the flat (commercial EPC pending). The area is classified as very deprived with above-average crime rates, which will affect lettability and valuations; thorough local market due diligence is advised.
This lot is sold at auction with buyers’ fees (administration and premium) payable on exchange and the property sold with tenants in situ. Bidders must register, study the legal pack, and be prepared to perform immediately on the auction terms. The asset suits an investor or small developer targeting income now and redevelopment potential later.
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