Income-ready terrace with shopfront and upper two-bedroom flat near Redditch centre.
- Mixed-use freehold: ground-floor shop plus two-bedroom maisonette
- Sold with tenants in situ (income and tenancy obligations)
- Prominent street-facing shopfront with large display window
- Modest footprint: c.687 sq ft, narrow terrace layout
- No private garden or off-street parking available
- Requires modernization in parts to maximise value
- Area: close to town centre, good road links (M5/M42)
- Local challenges: high crime and very deprived area
A compact, freehold mixed-use terrace in Southcrest offering a ground-floor retail unit with prominent display window and a two-bedroom maisonette above. The retail space is self-contained with street-facing frontage, suited to small retail or office uses; the residential element provides a fitted kitchen, bathroom and two upper bedrooms. Broadband is fast and mobile signal excellent, and the property is well placed for Redditch town centre and major road links (M5/M42).
Sold with tenants in situ, this asset suits an investor seeking immediate income from a dual commercial/residential let. The building is traditional Victorian terrace stock with period sash windows and a tiled roof; the retail interior is modernised in parts (laminate flooring, plastered walls) while the maisonette will benefit from updating to maximise rental or owner-occupier appeal.
Notable constraints: accommodation is modest (approximately 687 sq ft) with no private garden or off-street parking, and room sizes are small to average. The area records high crime and very high deprivation indicators, which may affect rental demand and re-letting prospects. Purchasers should verify lease terms, tenant status and income, and be prepared for some refurbishment and management responsibilities.