Low-maintenance mixed-use investment with immediate rental income and rear parking.
Freehold mixed-use building with retail and two residential lets
A compact mixed-use investment in Taibach offering immediate rental income and simple management. The building comprises a long-let ground-floor salon, a first-floor two-bedroom flat and a rear bedsit, all currently producing a combined gross rental income of £16,032 pa (November 2023).
The property is freehold with mains gas heating to the first-floor flat, electric heating to the bedsit, double glazing and three D-rated EPCs. Practical features include a rear multi-vehicle parking yard, separate accesses for each unit and town-centre position close to the A48, M4 and local amenities — useful for tenant demand and short letting of the units.
Important investor notes: the building is a solid-brick Victorian mid-terrace likely without wall insulation, EPCs are D, and the wider neighbourhood scores high on deprivation with above-average local crime. The salon is on a 10-year lease from September 2021 at £476 pcm; other units are let at £600 pcm (flat) and £260 pcm (bedsit). These factors support steady income but limit immediate rental upside without refurbishment or reconfiguration.
Suitable for buy-to-let investors or small portfolio owners seeking a low-complexity holding with scope to increase value through energy upgrades, interior refurbishments or re-letting at market rents. Sellers advise mains services are connected and parking is provided to the rear.