Summary - 12 KINGS ROAD FLEET GU51 3AD
4 bed 1 bath Commercial Property
Income-producing freehold with immediate tenants and refurbishment upside near Fleet station.
- Mixed-use freehold: retail front, four individually rented rooms above
- Combined current income approx. £39,900 per annum
- 0.6 miles from Fleet mainline station, easy M3 access
- Single communal bathroom for four tenants; basic communal facilities
- Double glazing fitted post-2002; gas boiler and radiators
- Cavity walls likely uninsulated; refurbishment may improve value
- Small plot, mid-terrace Victorian building with character
- Local crime reported high; purchaser to verify security needs
A mixed-use freehold in Fleet town centre offering immediate rental income and hands-on growth potential. The ground-floor retail unit has an established tenant of about eight years, while four furnished rooms above are individually let, producing a combined income of approximately £39,900 per year. The property is chain free and sits 0.6 miles from Fleet mainline station, with easy access to the M3.
The building dates from the early 20th century and retains period character externally, with high ceilings in parts and a traditional terraced shopfront. Internally it presents as a practical investment: communal kitchen/dining, rear access to parking, double glazing installed post-2002 and gas central heating via boiler and radiators. Total floor area is about 1,324 sq ft.
Notable management considerations include a single communal bathroom serving four rooms, an average-sized plot and some basic fabric limitations (cavity walls with assumed no insulation). The property sits in a very affluent area with excellent broadband and mobile signal, but local crime levels are reported as high, and some refurbishment may be needed to maximise rental value or to reposition the retail space.
This is suited to an investor seeking an income-producing, town-centre asset with short-term upside from modest refurbishment and rental re-gearing. Viewings are by appointment; the vendor has not provided a detailed survey or tested services, so purchasers should commission their own inspections.
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