Summary - 168 DERBY ROAD STAPLEFORD NOTTINGHAM NG9 7AY
2 bed 1 bath Commercial Property
Income-producing mixed-use with planning upside in Stapleford town centre..
- Freehold mixed-use with retail plus two-bed apartment
- Tenant in situ producing immediate income (ground + apartment)
- Gross yield c.7% at asking price of £300,000
- Renovated 2017; roof replaced and building regs complied
- Planning granted to convert rear workspaces to one-bedroom flat
- Only five years remaining on current lease — lending risk
- Medium flood risk and above-average local crime
- Small plot; off-street parking nearby, not private
A rare mixed-use investment on Stapleford High Street, this recently renovated freehold combines ground-floor retail/office space with a two-bedroom apartment above. The property produces immediate income from two tenancies (ground floor and first-floor apartment), giving an attractive gross yield at the current asking price. The prominent Victorian shopfront, large display windows and high-spec security make the retail unit easy to let to retail or professional occupiers.
There is scope to enhance value: planning has previously lapsed for two apartments at the rear, and consent exists to convert the rear workspace into a separate one‑bed apartment while retaining the retail frontage. The building was refurbished in 2017 (roof replaced, building regs complied with) and benefits from gas central heating to the commercial side and modern electric heating upstairs.
Important considerations: the commercial tenancies currently run on a five-year lease term which may deter mortgage lenders — specialist lending or cash purchase is likely required. The site sits in an area with medium flood risk and above-average crime levels; purchasers should factor these into insurance and management costs. The plot is small and parking is off-street nearby rather than private.
Suitable for investors seeking immediate rental income and short-term value-add potential, this town-centre property offers straightforward hands-on asset management, planning upside to increase units, and strong transport links between Nottingham and Derby.
2 bedroom detached house for sale in Derby Road, Stapleford, NG9 — £285,000 • 2 bed • 1 bath • 915 ft²
Commercial property for sale in 139B Derby Road, Stapleford, NG9 — £179,000 • 1 bed • 1 bath • 925 ft²
7 bedroom detached house for sale in Church Street, Stapleford, NG9 — £425,000 • 7 bed • 5 bath • 3457 ft²
Commercial property for sale in Toton Lane, Stapleford, Nottingham, NG9 — £280,000 • 1 bed • 3 bath • 1711 ft²
2 bedroom mixed use property for sale in 64 Derby Road, Nottingham, Nottinghamshire, NG9 — £260,000 • 2 bed • 1 bath • 1582 ft²
2 bedroom apartment for sale in Derby Road, Stapleford, Nottingham, NG9 — £137,500 • 2 bed • 1 bath • 656 ft²
